Genco Shipping & Trading Limited

NYSE:GNK Stock Report

Mkt Cap: US$731.0m

Genco Shipping & Trading Management

How experienced are the management team and are they aligned to shareholders interests?

8.1yrs

Average management tenure

CEO

John Wobensmith (52 yo)

1.67yrs

Tenure

US$2,619,379

Compensation

Mr. John C. Wobensmith serves as Director at Genco Shipping & Trading Limited since May 29, 2021. He has been the President of Genco Shipping & Trading Limited since December 19, 2014, its Chief Executive...

CEO Compensation Analysis

How has John Wobensmith's remuneration changed compared to Genco Shipping & Trading's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$221m

Jun 30 2022n/an/a

US$237m

Mar 31 2022n/an/a

US$222m

Dec 31 2021US$3mUS$650k

US$182m

Sep 30 2021n/an/a

US$25m

Jun 30 2021n/an/a

-US$53m

Mar 31 2021n/an/a

-US$103m

Dec 31 2020US$2mUS$650k

-US$226m

Sep 30 2020n/an/a

-US$159m

Jun 30 2020n/an/a

-US$152m

Mar 31 2020n/an/a

-US$169m

Dec 31 2019US$2mUS$650k

-US$56m

Sep 30 2019n/an/a

-US$39m

Jun 30 2019n/an/a

-US$18m

Mar 31 2019n/an/a

US$15m

Dec 31 2018US$2mUS$650k

-US$33m

Sep 30 2018n/an/a

-US$49m

Jun 30 2018n/an/a

-US$86m

Mar 31 2018n/an/a

-US$99m

Dec 31 2017US$5mUS$650k

-US$59m

Sep 30 2017n/an/a

-US$86m

Jun 30 2017n/an/a

-US$83m

Mar 31 2017n/an/a

-US$179m

Dec 31 2016US$1mUS$600k

-US$218m

Compensation vs Market: John's total compensation ($USD2.62M) is below average for companies of similar size in the US market ($USD3.83M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

Leadership Team

NamePositionTenureCompensationOwnership
John Wobensmith
CEO, President8.08yrsUS$2.62m0.94%
$ 6.9m
Apostolos Zafolias
CFO & Executive VP of Finance8.08yrsUS$954.40k0.040%
$ 295.1k
Robert Hughes
Chief Operations Officer4yrsUS$646.12k0.0018%
$ 12.8k
Joseph Adamo
Chief Accounting Officer12.75yrsUS$509.86k0.016%
$ 117.6k
Ivo Kempenaer
Vice President5.25yrsno datano data
Peter Allen
Senior Vice President of Strategy & Financeno datano datano data

8.1yrs

Average Tenure

49.5yo

Average Age

Experienced Management: GNK's management team is seasoned and experienced (8.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Wobensmith
CEO, President1.67yrsUS$2.62m0.94%
$ 6.9m
Kathleen Haines
Independent Director5.67yrsUS$191.92kno data
James Dolphin
Independent Chairman8.5yrsUS$364.01kno data
Arthur Regan
Director6.92yrsUS$227.82k0.18%
$ 1.3m
Basil Mavroleon
Independent Director7.5yrsUS$200.10k0.0018%
$ 12.8k
Karin Orsel
Independent Director1.83yrsUS$141.96kno data

6.3yrs

Average Tenure

57yo

Average Age

Experienced Board: GNK's board of directors are considered experienced (6.3 years average tenure).