John P. Rau
appointed John P. Rau, the Company’s then current Executive Vice President, Global Aviation, Land and Marine, as Chief Operating Officer
Highest-materiality recent filing
World Kinect Q1 adj EPS $0.75 beats; raises FY guidance; rebrands to World Fuel
GAAP net income $26M ($0.50 diluted EPS) vs loss of $21M ($0.37 loss) in Q1 2025; adjusted net income $39M ($0.75 adj EPS).
World Kinect reports Q4 GAAP net loss of $280M, $247M impairment; guides 2026 adj. EPS $2.20-2.40
Q4 GAAP net loss $280M ($5.11 loss per diluted share) vs. net loss $101M a year ago.
World Kinect extends $2B credit facility to 2030, ups revolver to $1.65B
Revolving commitments increased from $1.50B to $1.65B; new $350M term loan replaces $500M original term loan; total capacity unchanged at $2.0B.
Ira M. Birns, current President & CFO, appointed CEO effective Jan 1, 2026; Michael Kasbar becomes Executive Chairman.
World Kinect Q3 net income falls 20% to $26M, Aviation gross profit up 11%
GAAP net income $26M ($0.46 diluted EPS) vs $35M ($0.57) a year ago.
Q2 GAAP net loss of $339M ($6.06 diluted loss); adjusted net income $33M ($0.59 diluted).
appointed John P. Rau, the Company’s then current Executive Vice President, Global Aviation, Land and Marine, as Chief Operating Officer
appointed Ira M. Birns, the Company’s then current Executive Vice President and Chief Financial Officer, as President and Chief Financial Officer
Max materiality 0.80 · Median 0.68 · Most common event earnings