GNK · Genco Shipping & Trading Ltd

$26.34 +0.35 (+1.35%) At close · Aug 14

Market Cap

$1.15B

43.59M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John C. Wobensmith	Chief Executive Officer and President	$700,000	—	$1,890,703	—	$1,325,000	$51,050	$3,966,753
John Wobensmith	CEO	$700,000	—	$1,890,703	—	$1,325,000	$51,050	$3,966,753
Jesper Christensen	Chief Commercial Officer	$400,000	—	$766,764	—	$515,000	$31,050	$1,712,814
Peter Allen	Chief Financial Officer	$360,000	—	$711,992	—	$463,000	$31,050	$1,566,042
Joseph Adamo	Chief Accounting Officer	$305,000	—	$273,818	—	$231,000	$31,050	$840,868

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John C. Wobensmith	Chief Executive Officer and President	$700,000	—	$1,412,044	—	$1,005,000	$49,700	$3,166,744
John Wobensmith	CEO	$700,000	—	$1,412,044	—	$1,005,000	$49,700	$3,166,744
Jesper Christensen	Chief Commercial Officer	$375,000	—	$651,722	—	$366,000	$29,700	$1,422,422
Peter Allen	Chief Financial Officer	$307,712	—	$473,021	—	$308,000	$29,700	$1,118,433
Joseph Adamo	Chief Accounting Officer	$305,000	—	$271,560	—	$160,000	$29,700	$766,260

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Wobensmith	CEO	$685,000	—	$3,149,984	—	$1,027,000	$87,538	$4,949,522
John C. Wobensmith	Chief Executive Officer and President	$685,000	—	$3,149,984	—	$1,027,000	$87,538	$4,949,522
Apostolos Zafolias	Chief Financial Officer	$400,000	—	$1,099,995	—	$500,000	$31,240	$2,031,227
Joseph Adamo	Chief Accounting Officer	$295,000	—	$449,992	—	$176,000	$25,768	$946,760
Robert Hughes	Chief Operations Officer (former)	$275,000	—	$499,993	—	—	$27,481	$802,474

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Wobensmith	CEO	$650,000	—	$600,000	$300,000	$1,000,000	$69,379	$2,619,379
John C. Wobensmith	Chief Executive Officer and President	$650,000	—	$600,000	$300,000	$1,000,000	$69,379	$2,619,379
Apostolos Zafolias	Chief Financial Officer	$375,000	—	$100,000	$50,000	$402,000	$27,395	$954,395
Robert Hughes	Chief Operations Officer (former)	$240,000	—	$83,333	$41,667	$257,000	$24,124	$646,124
Joseph Adamo	Chief Accounting Officer	$280,000	—	$20,000	$10,000	$176,000	$23,860	$509,860

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Wobensmith	CEO	$650,000	—	$600,001	$338,763	$540,000	$56,081	$2,184,845
John C. Wobensmith	Chief Executive Officer and President	$650,000	—	$600,001	$338,763	$540,000	$56,081	$2,184,845
Apostolos Zafolias	Chief Financial Officer	$325,000	—	$99,998	$56,461	$175,000	$24,899	$681,358
Arthur L. Regan	Chairman of the Board	$232,692	—	$200,003	$112,922	—	$57,191	$609,808
Robert Hughes	Chief Operations Officer (former)	$240,000	—	$83,336	$47,050	$130,000	$22,800	$523,186
Joseph Adamo	Chief Accounting Officer	$280,000	—	$20,001	$11,292	$105,000	$23,098	$439,391

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Wobensmith	CEO	$650,000	—	$500,002	$508,108	$685,718	$39,656	$2,383,484
John C. Wobensmith	Chief Executive Officer and President	$650,000	—	$500,002	$508,108	$685,718	$39,656	$2,383,484
Apostolos Zafolias	Chief Financial Officer	$325,000	—	$74,998	$76,215	$222,858	$19,656	$718,727
Arthur L. Regan	Chairman of the Board	$325,000	—	$162,498	$165,135	—	$19,656	$672,289
Joseph Adamo	Chief Accounting Officer	$280,000	—	$15,001	$15,243	$132,924	$19,656	$462,824
Robert Hughes	Chief Operations Officer	$225,534	—	—	—	$159,051	$19,656	$404,241

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Wobensmith	CEO	$650,000	$742,072	$275,005	$496,707	—	$38,158	$2,201,942
John C. Wobensmith	Chief Executive Officer and President	$650,000	$742,072	$275,005	$496,707	—	$38,158	$2,201,942
Apostolos Zafolias	Chief Financial Officer	$300,000	$232,372	$49,996	$90,313	—	$19,305	$691,986
Arthur L. Regan	Interim Executive Chairman	$325,000	—	$112,504	$203,201	—	$19,305	$660,010

Executive changes

Person	Role	Change	Effective	Filed
Basil G. Mavroleon	member of the Audit Committee	Appointed	2025-08-26	2025-08-28
Arthur L. Regan	Chairman of the Nominating and Corporate Governance Committee	Appointed	2025-08-26	2025-08-28
Kathleen C. Haines	Lead Independent Director	Appointed	2025-08-26	2025-08-28
John C. Wobensmith	Chairman of the Board	Appointed	2025-08-26	2025-08-28
James G. Dolphin	Chairman of the Board	Resigned	2025-08-26	2025-08-28
Paramita Das	director	Appointed	2024-03-04	2024-03-05
Peter Allen	Chief Financial Officer	Appointed	2023-06-16	2023-05-22
Jesper Christensen	Chief Commercial Officer	Appointed	2023-04-02	2023-04-03
Robert Hughes	Chief Operations Officer	Resigned	2023-03-06	2023-03-07
Bao D. Truong	director	Resigned	2022-08-17	2022-08-17

Key facts CIK 1326200 CUSIP Y2685T131 13F (30d) 161 filings 161 filers Visit website Investor relations