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International Seaways Boosts Executive Compensation Packages

International Seaways Boosts Executive Compensation Packages

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The latest update is out from International Seaways Inc (INSW).

International Seaways, Inc. has rolled out salary increases for top executives, retroactively effective from January 1, 2024. The Human Resources and Compensation Committee approved pay raises for their President and CEO, CFO, and other senior officers, highlighting the company’s commitment to competitive compensation. With raises across the board, the CEO’s salary now stands at $800,000, while other senior figures have also seen significant increases, reinforcing the company’s strategy to retain and motivate its leadership team.

See more insights into INSW stock on TipRanks’ Stock Analysis page.

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