Genco Shipping & Trading Rejects George Economou Nominees
As part of its review process, our Nominating and Corporate Governance Committee interviewed both nominees and determined that they respectively are not additive to our Board’s existing skills and expertise or lack sufficient experience in shipping and related industries.
- As part of its review process, our Nominating and Corporate Governance Committee interviewed both nominees and determined that they respectively are not additive to our Board’s existing skills and expertise or lack sufficient experience in shipping and related industries.
- Our Board already possesses significant, essential experience for Genco, including experience in shipping, fleet management and commercial and technical management, capital allocation management, financial reporting and M&A.
- To that end, the Board is focused on our Comprehensive Value Strategy to drive value through drybulk shipping market cycles.
- The Board will continue to take actions it believes are in the best interest of the Company and all its shareholders.