International Seaways CEO Lois Zabrocky's 2019 pay rises 17% to $2.8M

International Seaways reports 2019 executive compensation

By ExecPay News

Published: April 29, 2020

International Seaways reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five executives at International Seaways received on average a compensation package of $1.7M, a 20% increase compared to previous year.
Average pay of disclosed executives at International Seaways
Lois Zabrocky, Chief Executive Officer, received $2.8M in total, which increased by 17% compared to 2018. 33% of Zabrocky's compensation, or $940K, was in stock awards. Zabrocky also received $814K in non-equity incentive plan, $410K in option awards, $615K in salary, as well as $37K in other compensation.
For fiscal year 2019, the median employee pay was $21,487 at International Seaways. Therefore, the ratio of Lois Zabrocky's pay to the median employee pay was 131 to one.
Jeffrey D. Pribor, Chief Financial Officer, received a compensation package of $2M, which increased by 11% compared to previous year. 31% of the compensation package, or $620K, was in stock awards.
James D. Small III, Chief Administrative Officer, earned $1.8M in 2019, a 24% increase compared to previous year.
Derek G. Solon, Vice President and Chief Commercial Officer, received $1M in 2019, which increases by 28% compared to 2018.
William F. Nugent, VP & Head of International Fleet Operations, earned $1M in 2019, a 34% increase compared to previous year.

Related executives

Lois Zabrocky

International Seaways

Chief Executive Officer

Jeffrey Pribor

International Seaways

Chief Financial Officer

James Small

International Seaways

Chief Administrative Officer

Derek Solon

International Seaways

Vice President and Chief Commercial Officer

William Nugent

International Seaways

VP & Head of International Fleet Operations

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Source: SEC filing on April 29, 2020.