Genco Shipping & Trading: Pay

Genco Shipping & Trading paid its 3 named executives $4.1M in total in FY2024 (Dec).

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

John C. WobensmithChief Executive Officer and President
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
2 years
Jesper ChristensenChief Commercial Officer
FY2024 (Dec)
FY2023 (Dec)Not disclosed
2 years
Peter AllenChief Financial Officer
FY2024 (Dec)
FY2023 (Dec)Not disclosed
2 years
Joseph AdamoChief Accounting Officer
FY2024 (Dec)
FY2023 (Dec)Not disclosed
FY2022 (Dec)Not disclosed
3 years

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 3 peers with pay on file was $4.3M. The CEO of Genco Shipping & Trading was paid $4.0M, 8% below the median.

  1. 1Tidewater
  2. 2Dorian LPG
  3. 3International Seaways
  4. 4Genco Shipping & Trading
  5. 5Berry CorporationNot disclosed
  6. 6DHT Holdings, Inc.Not disclosed
  7. 7Eagle Bulk Shipping Inc.Not disclosed
  8. 8Helix Energy Solutions Group, Inc.Not disclosed
  9. 9Innovex International, Inc. (formerly Dril-Quip, Inc.)Not disclosed
  10. 10Newpark Resources, Inc.Not disclosed
  11. 11Overseas Shipholding Group, Inc.Not disclosed
  12. 12Ring Energy, Inc.Not disclosed
  13. 13SEACOR Marine Holdings, Inc.Not disclosed
  14. 14W&T Offshore, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.