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Derek Solon Biography and Net Worth

SVP of International Seaways

Derek Solon was Vice President, Commercial of OSG since 2014. He joined OSG in 2012 as Vice President for Sale & Purchase for the international flag fleet. Prior to joining OSG, Derek was a Marine Project Broker at Poten & Partners in New York. Before joining the commercial shipping industry, Derek served as an officer in the United States Navy from 1998-2003.

Derek earned a Bachelor of Science with Distinction in economics and his commission from the United States Naval Academy in Annapolis, Maryland and his Master of Business Administration from Villanova University.

What is Derek G. Solon's net worth?: The estimated net worth of Derek G. Solon is at least $1.96 million as of September 12th, 2024. Mr. Solon owns 46,887 shares of International Seaways stock worth more than $1,963,159 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Solon may own. Additionally, Mr. Solon receives a salary of $819,950.00 as SVP at International Seaways. Learn More about Derek G. Solon's net worth.
How old is Derek G. Solon?: Mr. Solon is currently 48 years old. There are 5 older executives and no younger executives at International Seaways. The oldest executive at International Seaways is Mr. Jeffrey D. Pribor, CFO, Senior VP & Treasurer, who is 66 years old. Learn More on Derek G. Solon's age.
What is Derek G. Solon's salary?: As the SVP of International Seaways, Inc., Mr. Solon earns $819,950.00 per year. There are 3 executives that earn more than Mr. Solon. The highest earning executive at International Seaways is Ms. Lois K. Zabrocky, President, CEO & Director, who commands a salary of $1,910,000.00 per year. Learn More on Derek G. Solon's salary.
How do I contact Derek G. Solon?: The corporate mailing address for Mr. Solon and other International Seaways executives is 600 THIRD AVENUE 39TH FLOOR, NEW YORK NY, 10016. International Seaways can also be reached via phone at (212) 578-1600 and via email at [email protected]. Learn More on Derek G. Solon's contact information.
Has Derek G. Solon been buying or selling shares of International Seaways?: Derek G. Solon has not been actively trading shares of International Seaways during the last quarter. Most recently, Derek G. Solon sold 1,000 shares of the business's stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $49.75, for a transaction totalling $49,750.00. Following the completion of the sale, the senior vice president now directly owns 46,887 shares of the company's stock, valued at $2,332,628.25. Learn More on Derek G. Solon's trading history.
Who are International Seaways' active insiders?: International Seaways' insider roster includes Ian Blackley (Director), Randee Day (Director), David Greenberg (Director), William Nugent (SVP), Jeffrey Pribor (CFO), James Small, III (CAO), Derek Solon (SVP), Craig Stevenson, Jr. (Director), Douglas Wheat (Director), Lois Zabrocky (CEO), and Lois Zabrocky (Pres). Learn More on International Seaways' active insiders.
Are insiders buying or selling shares of International Seaways?: In the last twelve months, insiders at the transportation company sold shares 34 times. They sold a total of 151,225 shares worth more than $8,453,331.14. The most recent insider tranaction occured on November, 15th when CEO Lois K Zabrocky sold 2,000 shares worth more than $83,660.00. Insiders at International Seaways own 1.9% of the company. Learn More about insider trades at International Seaways.
Information on this page was last updated on 11/15/2024.

Derek G. Solon Insider Trading History at International Seaways

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/12/2024	Sell	1,000	$49.75	$49,750.00	46,887
5/24/2024	Sell	1,000	$64.90	$64,900.00	47,887
5/10/2024	Sell	1,500	$62.92	$94,380.00	48,887
12/15/2023	Sell	1,000	$44.62	$44,620.00	38,774
3/9/2023	Sell	1,500	$49.36	$74,040.00	30,648
11/25/2022	Sell	5,000	$44.50	$222,500.00	28,929

Derek G. Solon Buying and Selling Activity at International Seaways

International Seaways Company Overview

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.

Today's Range

Now: $41.00

$40.92

$41.75

50 Day Range

MA: $47.81

$41.25

$54.29

2 Week Range

Now: $41.00

$40.92

$65.94

Volume

28,646 shs

Average Volume

576,164 shs

Market Capitalization

$2.02 billion

P/E Ratio

3.96

Dividend Yield

1.14%

Beta

N/A

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Derek Solon Biography and Net Worth

What is Derek G. Solon's net worth?

How old is Derek G. Solon?

What is Derek G. Solon's salary?

How do I contact Derek G. Solon?

Has Derek G. Solon been buying or selling shares of International Seaways?

Who are International Seaways' active insiders?

Are insiders buying or selling shares of International Seaways?