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World Fuel Services Corporation (INT)

NYSE - NYSE Delayed Price. Currency in USD
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World Fuel Services Corporation

9800 Northwest 41st Street
Miami, FL 33178
United States
305-428-8000
http://www.wfscorp.com

SectorBasic Materials
IndustryOil & Gas Refining & Marketing
Full Time Employees5,000

Key Executives

NameTitlePayExercisedAge
Mr. Michael J. KasbarChairman, Chief Exec. Officer and Pres1.41MN/A60
Mr. Ira M. BirnsChief Financial Officer and Exec. VP820.56kN/A54
Mr. Michael Joseph CrosbyExec. VP of Global Land792.16kN/A52
Mr. John Peter RauExec. VP of Global Aviation and Marine814.76k18.58k53
Mr. Carlos Manuel VelazquezChief Accounting Officer and Sr. VP of Fin.N/AN/A51
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

World Fuel Services Corporation, an energy management company, provides energy procurement advisory, supply fulfillment and transaction, and payment management solutions to commercial and industrial customers in the aviation, marine, and transportation industries. It operates through three segments: Aviation, Marine, and Land. The Aviation segment offers fuel management; price risk management; ground handling; dispatch services; and international trip planning services, such as flight plans, weather reports, and overflight permits. This segment offers fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low cost carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, military fleets, and to the United States (U.S.) and foreign governments, as well as intergovernmental organizations. The Marine segment provides fuel, lubricants, and related products and services to international container and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S. and foreign governments, and other fuel suppliers. Its marine fuel-related services include management services to procure fuel, cost control, quality control, claims management, and card payment and related processing services. This segment also offers fueling of vessels in ports and at sea, and transportation and delivery of fuel and fuel-related products. The Land segment provides fuel, lubricants, power and natural gas solutions to petroleum distributors operating in the land transportation market; retail petroleum operators; and industrial, commercial, residential, and government customers. This segment also offers management services to procure fuel and price risk management; card payment solutions, merchant processing services, and payment solutions. The company was founded in 1984 and is headquartered in Miami, Florida.

Corporate Governance

World Fuel Services Corporation’s ISS Governance QualityScore as of July 1, 2017 is 2. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.