The estimated Net Worth of Michael J Kasbar is at least $75.1 Million dollars as of 16 February 2023. Mr. Kasbar owns over 93,285 units of World Fuel Services stock worth over $26,344,468 and over the last 21 years he sold INT stock worth over $41,637,598. In addition, he makes $7,100,060 as Chairman of the Board, President, and Chief Executive Officer at World Fuel Services.
Michael has made over 40 trades of the World Fuel Services stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 93,285 units of INT stock worth $2,567,203 on 16 February 2023.
The largest trade he's ever made was exercising 562,634 units of World Fuel Services stock on 2 December 2010 worth over $9,604,162. On average, Michael trades about 37,301 units every 92 days since 2003. As of 16 February 2023 he still owns at least 1,085,922 units of World Fuel Services stock.
You can see the complete history of Mr. Kasbar stock trades at the bottom of the page.
Michael J. Kasbar serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Kasbar has served as Chairman of the Board since May 2014 and has served as our President and Chief Executive Officer since January 2012. From July 2002 to December 2011, he served as our President and Chief Operating Officer. From January 1995 to July 2002, he served as Chief Executive Officer of World Fuel Services Americas, Inc. (formerly Trans-Tec Services, Inc.), at the time our principal subsidiary engaged in the marine fuel services business. From September 1985 to December 1994, Mr. Kasbar was an officer, shareholder and director of Trans-Tec Services, Inc., a global marine fuel services company, and its affiliated companies. Mr. Kasbar co-founded Trans-Tec Services, Inc. in 1985 and has extensive executive experience in the fuel services business. Mr. Kasbar is also a member of the Business Roundtable. Mr. Kasbar is the first cousin of our director, Richard A. Kassar.
As the Chairman of the Board, President, and Chief Executive Officer of World Fuel Services, the total compensation of Michael Kasbar at World Fuel Services is $7,100,060. There are no executives at World Fuel Services getting paid more.
Michael Kasbar is 63, he's been the Chairman of the Board, President, and Chief Executive Officer of World Fuel Services since 2014. There are 5 older and 12 younger executives at World Fuel Services. The oldest executive at World Fuel Services Corp. is Richard Kassar, 73, who is the Independent Director.
Michael's mailing address filed with the SEC is C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI, FL, 33178.
Over the last 22 years, insiders at World Fuel Services have traded over $113,403,453 worth of World Fuel Services stock and bought 84,614 units worth $2,248,055 . The most active insiders traders include Michael J Kasbar, Paul H Stebbins, and Michael Clementi. On average, World Fuel Services executives and independent directors trade stock every 28 days with the average trade being worth of $721,468. The most recent stock trade was executed by John Peter Rau on 16 February 2023, trading 27,896 units of INT stock currently worth $767,698.
headquartered in miami, florida, world fuel services is a leading global fuel logistics company, principally engaged in the marketing, sale and distribution of aviation, marine and land fuel and related products and services on a worldwide basis. world fuel services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide. the company's global team of market makers provides deep domain expertise in all aspects of aviation, marine and land fuel management. aviation customers include commercial airlines, cargo carriers, private aircraft and fixed base operators (fbos), as well as the united states and foreign governments. world fuel services' marine customers include international container and tanker fleets, cruise lines and time-charter operators, as well as the united states and foreign governments. land customers include petroleum distributors, retail petroleum operators, and industrial, commercial, and govern
World Fuel Services executives and other stock owners filed with the SEC include: