MICHAEL KASBAR

CHAIRMAN & CEO, WORLD KINECT CORP., DORAL

Kasbar has spent decades in the energy business, joining what was World Fuel Services Americas in 1995 as CEO. He became CEO of the parent company, World Fuel Services, in 2012. Before joining the company, he co-founded Trans-Tec Services, a global marine fuel services company bought out by World Fuel. The company, now called World Kinect Corp., has nearly 5,300 employees and more than 150,000 customers globally in aviation-, marine- and land-based transportation businesses. “We help them use less of it, get the right fuel at the right time at the right place and the right price with the right logistics,” he recently told an interviewer. World Kinect is focusing on renewable low-carbon fuels, Kasbar says. It completed a $200-million sale of the Avinode Group, an air charter sourcing platform with a portfolio of software products, last spring. The move “represents another step in sharpening our portfolio, all while generating a solid return,” Kasbar says.