INSW approves salary increases for CEO and other executives; Nugent title change

International Seaways, Inc.

CEO Zabrocky base salary raised to $750,000; CFO Pribor to $580,000; Small to $530,000; Oshodi to $297,707.
Solon and Nugent base salaries increased to $410,000 each; target bonus percentages raised to 100%.
Pribor's annual equity target increased to 175% of base salary; Oshodi's to 65%.
William Nugent's title changed to Senior VP and Chief Technical and Sustainability Officer.
Salary increases retroactive to January 1, 2023.

item 5.02 item 9.01

Executive movements

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Role change

William Nugent

Senior Vice President and Chief Technical and Sustainability Officer

INSW · International Seaways, Inc.

Filed: March 14, 2023, 7:59 PM ET

The Committee also approved changes in the title of Mr. Nugent from “Senior Vice President and Head of Vessel Operations” to “ Senior Vice President and Chief Technical and Sustainability Officer ”.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

William Nugent changed role as Senior Vice President and Chief Technical and Sustainability Officer at International Seaways, Inc..

Action: changed
Role: Senior Vice President and Chief Technical and Sustainability Officer

Exact text from the filing

The Committee also approved changes in the title of Mr. Nugent from “Senior Vice President and Head of Vessel Operations” to “ Senior Vice President and Chief Technical and Sustainability Officer ”.

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International Seaways, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-032306

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