Chairman
World Kinect Corp (WKC)Equibles does not estimate personal net worth.
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Get WKC alertsMichael Kasbar is recorded as Chairman and CEO at World Kinect Corp (WKC). The newest filing on record that lists Michael Kasbar as CEO at World Kinect Corp (WKC) is dated April 28, 2026. World Kinect Corp reported in an 8-K filed October 28, 2025 that Michael Kasbar was appointed Executive Chairman of the Board, effective January 1, 2026. The proxy statement of World Kinect Corp reports total compensation of $6,430,180 for Michael Kasbar in fiscal 2025, including a base salary of $1,000,000. Disclosed compensation is on record for 9 fiscal years. Michael Kasbar has spoken on 22 earnings calls across 1 company, most recently for World Kinect Corp on October 23, 2025. World Kinect Corp is classified in the Oil & Gas Refining & Marketing industry within the Energy sector. Other leadership on record at World Kinect Corp includes Ira M. Birns (CEO and Board Member), Ken Bakshi (Chairman), Jose-Miguel (Mike) Tejada (CFO) and 7 others.
“Mr. Kasbar will transition to Executive Chairman of the Board, effective January 1, 2026.”
“Well, earlier today, we announced a series of important leadership changes. The board has unanimously elected Ira Burns to become World Connect's next CEO and join the board effective January 1st, 2026.”
“I'd like to start by noting that our global commercial, business and general aviation fuel and services platform continues to perform very well.”
“Just over a year ago, we laid out a strategic roadmap to improve profitability and reduce earnings volatility.”
“As I look back on 2024, I am pleased to report that as a result of our focus on efficient capital allocation, combined with our focus on driving operational efficiencies, we are making good progress towards our medium term financial targets.”
“And thank you, Elsa, for all the great work that you did for us. We really appreciate it, and best wishes on all your future endeavors. Good evening, everyone. Last quarter, we spoke about challenging market conditions in our Land business.”
Start not stated–present
Last confirmed April 28, 2026
Oil & Gas Refining & Marketing · Energy
Chairman, CEO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | World Kinect Corp (WKC) | Executive Chairman | $1,000,000 | $6,430,180 |
| 2024 | World Kinect Corp (WKC) | Chairman and Chief Executive Officer | $1,000,000 | $6,704,733 |
| 2023 | World Kinect Corp (WKC) | Chairman and Chief Executive Officer | $1,000,000 | $6,802,243 |
| 2022 | World Kinect Corp (WKC) | Chairman and Chief Executive Officer | $979,167 | $15,272,338 |
| 2021 | World Kinect Corp (WKC) | Chairman, President and Chief Executive Officer | $900,000 | $5,141,566 |
| 2020 | World Kinect Corp (WKC) | Chairman, President andChief Executive Officer | $900,000 | $6,514,957 |
| 2019 | World Kinect Corp (WKC) | Chairman, President and Chief Executive Officer | $900,000 | $7,100,057 |
| 2018 | World Kinect Corp (WKC) | Chairman President and Chief Executive Officer | $900,000 | $4,885,102 |
| 2017 | World Kinect Corp (WKC) | Chairman, President and Chief Executive Officer | $900,000 | $5,500,354 |
