other material
confidence high
sentiment neutral
materiality 0.50
International Seaways annual meeting passes all proposals; board approves officer pay raises
International Seaways, Inc.
- All nine director nominees elected; EY ratified as auditor; NEO pay approved; rights agreement ratified.
- CEO Zabrocky base salary raised to $850,000; CFO Pribor to $675,000; Small to $600,000; Oshodi to $333,000.
- CEO equity target increased to 400% of base salary; CFO to 200%; Solon and Nugent to 175%.
- Non-employee director Chair cash comp increased to $190,000/yr; equity grants of $235k (Chair) and $150k (other directors).
- All salary increases retroactive to Jan 1, 2026; equity target changes effective for 2026.