Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 9

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 9
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 •President and Chief Operating Officer of our Company from August 2000 to July 2002.                                                                                                                                                   
 •President and Chief Operating Officer of World Fuel Services Americas, Inc. (formerly Trans-Tec Services, Inc.), from January 1995 to August 2000, at the time our principal subsidiary engaged in the marine fuel services business. 
 •Officer, shareholder and director of Trans-Tec Services, Inc., a global marine fuel services company, which Mr. Stebbins co-founded in 1985 with Mr. Kasbar, from September 1985 to December 1994.                                    
 •Member of the board of directors of First Solar, Inc. (NASDAQ: FSLR) since December 2006 and currently serves as the chairman of the nominating and governance committee and a member of the audit and compensation committees.       
 •A member of the Board of Advisors of the Amigos de las Americas Foundation of Houston, Texas (amigosinternational.org) and member of the Board of Advisors of Silkroad founded by Yo-Yo Ma (silkroad.org).                            
 •Founding member of FixUSNow (FixUSNow.org) and member of the Council on Foreign Relations (CFR.org).                                                                                                                                  |                                                       |

| KEY SKILLS                          |                                  |                                                          |
| •Accounting/Finance                 
 •Energy Industry                    
 •Investment Banking/Capital Markets | •Commodities Trading             
 •International Operations        
 •Human Capital/Talent Management | •Corporate Governance/Other Public Company Directorships 
 •Management                                              |

| 16 | World Kinect 2025 Proxy Statement |

| Corporate Governance |

Boa rd and Committee Governance Board Leadership Structure The Board regularly considers the appropriate leadership structure for us and does not have a formal policy with respect to the separation of the positions of Chief Executive Officer and Chairman of the Board. Rather, the Board believes that different Board leadership structures may be appropriate for us at different times, and that it should have the flexibility to make this decision based on its evaluation of current circumstances. When making this decision, the Board considers factors such as: • the person filling each role; • the presence of a lead independent director and the person in that role; • the composition, independence and effectiveness of the entire Board; and • other corporate governance structures in place. Mr. Kasbar currently serves as Chairman of the Board in addition to his role as Chief Executive Officer. Our Board believes that our Chief Executive Officer is in the best position to most effectively serve as the Chairman of the Board given