GK INVESTOR


Associated tags: Maritime, Partner, Compensated emancipation, George Washington University, WILL, GK, Capital market, Proxy, FreedomPay, Security (finance), Annual general meeting, Common, INSW, Common stock, International, WHEN, TDW, Transport, GNK, Maryport

Locations: UNITED STATES, NORTH AMERICA, NEW YORK, NO, CAN

George Economou Files Definitive Proxy Statement and Sends Letter to Genco Shareholders

Retrieved on: 
Thursday, April 18, 2024

GK STRONGLY ADVISES ALL STOCKHOLDERS OF GENCO SHIPPING & TRADING LIMITED TO READ THE DEFINITIVE PROXY STATEMENT, ANY AMENDMENTS OR SUPPLEMENTS TO SUCH DEFINITIVE PROXY STATEMENT, AND OTHER PROXY MATERIALS FILED BY GK AS THEY CONTAIN IMPORTANT INFORMATION.

Key Points: 
  • GK STRONGLY ADVISES ALL STOCKHOLDERS OF GENCO SHIPPING & TRADING LIMITED TO READ THE DEFINITIVE PROXY STATEMENT, ANY AMENDMENTS OR SUPPLEMENTS TO SUCH DEFINITIVE PROXY STATEMENT, AND OTHER PROXY MATERIALS FILED BY GK AS THEY CONTAIN IMPORTANT INFORMATION.
  • THE DEFINITIVE PROXY STATEMENT AND ACCOMPANYING PROXY CARD WILL BE FURNISHED TO SOME OR ALL OF THE COMPANY’S STOCKHOLDERS.
  • Information about the Participants and a description of their direct or indirect interests by security holdings or otherwise can be found in the Definitive Proxy Statement.
  • 1Extract from the Beneficial Ownership Table included in Genco’s 2024 definitive proxy statement.

George Economou Nominates Two Candidates for Genco Board

Retrieved on: 
Wednesday, January 10, 2024

GK Investor LLC (“GK”), an affiliate of George Economou that is an approximately 5.4% shareholder of Genco Shipping & Trading Limited (“Genco” or the “Company”) (NYSE: GNK), today announced that it has nominated two candidates for election to the Genco Board of Directors (the “Board”) at the 2024 Annual Meeting of Genco’s Shareholders (the “Annual Meeting”).

Key Points: 
  • GK Investor LLC (“GK”), an affiliate of George Economou that is an approximately 5.4% shareholder of Genco Shipping & Trading Limited (“Genco” or the “Company”) (NYSE: GNK), today announced that it has nominated two candidates for election to the Genco Board of Directors (the “Board”) at the 2024 Annual Meeting of Genco’s Shareholders (the “Annual Meeting”).
  • If elected to the Genco Board, Ms. Day would bring substantial maritime industry, governance and financial expertise drawn from decades of senior executive and oversight experience.
  • If elected to the Genco Board, Mr. Pons would bring significant operational know-how, technology and corporate governance experience based on his numerous executive leadership roles and public company directorships.
  • George Economou stated, “As a significant Genco shareholder, I strongly believe in the Company’s potential to deliver improved value for shareholders.