Oikonomou

Genco Shipping & Trading Issues Statement Regarding George Economou’s Withdrawal of his Nominee

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星期五, 五月 17, 2024

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”) the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou’s withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors.

Key Points: 
  • NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”) the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou’s withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors.
  • Genco issued the following statement:
    We are pleased that George Economou has withdrawn from the proxy fight that he started.
  • Importantly, our recent addition of Paramita Das to the Board is the result of a process that pre-dated Economou’s investment in Genco.
  • Learn more at www.VoteForGenco.com
    Jefferies LLC is acting as financial advisor to Genco, and Kramer Levin Naftalis & Frankel LLP is serving as legal counsel.

Transformative $1 Million Gift Caps Bright 10th Anniversary Year for Watts of Love

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星期四, 五月 16, 2024

The organization is poised for its most impactful year yet in 2024 after receiving a transformative $1 million gift to cap off a 2023 filled with effective anti-poverty action.

Key Points: 
  • The organization is poised for its most impactful year yet in 2024 after receiving a transformative $1 million gift to cap off a 2023 filled with effective anti-poverty action.
  • In celebration of the International Day of Light, Watts of Love is raising awareness about the significance of sustainable lighting solutions in improving lives, particularly in underserved regions.
  • The transformative gift from the Kathleen S. Craft Foundation is a catalyst for ending poverty through Watts of Love’s unique program, bringing light and hope to thousands of families in Malawi.
  • Watts of Love also works closely with many other corporations, foundations, organizations, individuals, and nonprofit partners.

Genco Shipping & Trading Limited Files Investor Presentation Highlighting Successful Comprehensive Value Strategy

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星期四, 五月 2, 2024

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today posted an investor presentation in connection with its upcoming Annual Meeting at www.VoteForGenco.com.

Key Points: 
  • Highly Qualified and Engaged Board Overseeing Sustainable, Long-Term Value Creation
    Advises Shareholders to Vote “WITHHOLD” on George Economou’s Nominee, Robert Pons
    NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today posted an investor presentation in connection with its upcoming Annual Meeting at www.VoteForGenco.com.
  • Highlights on which the presentation elaborates include:
    Genco Has Made Significant Progress on its Comprehensive Value Strategy, Outperforming the Market and Peers
    Genco Has a Highly Qualified and Engaged Board Overseeing Sustainable, Long-Term Value Creation
    The presentation has also been filed with the U.S. Securities and Exchange Commission (the “SEC”).
  • The Annual Meeting is scheduled for May 23, 2024.
  • The Genco Board of Directors unanimously recommends that Genco shareholders vote “FOR” the re-election of each of Genco’s seven nominees currently serving on the Genco Board, against Economou's nominee by voting “WITHHOLD,” and “AGAINST” Economou’s shareholder proposal on the WHITE proxy card.

Genco Shipping & Trading Limited Mails Letter to Shareholders

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星期三, 四月 24, 2024

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it mailed a letter to shareholders in connection with the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”), scheduled to be held on May 23, 2024. Shareholders of record as of March 28, 2024, will be entitled to vote at the meeting.

Key Points: 
  • Genco’s Board of Directors and management team are executing a clear strategy that is delivering value to shareholders today, positioning Genco to drive returns through volatile drybulk market cycles and generating outperforming results.
  • From this process, the Board determined that Ms. Das was the right director to add to the Genco Board.
  • The Genco Board of Directors unanimously recommends that Genco shareholders vote “FOR” the re-election of each of Genco’s seven nominees currently serving on the Genco Board, “WITHHOLD” on Economou's nominee and “AGAINST” Economou’s shareholder proposal on the WHITE proxy card.
  • We appreciate the support of ALL Genco shareholders, as we continue delivering on our Comprehensive Value Strategy to drive long-term sustainable value.

Capstone appoints new CEO Randi Economou

Retrieved on: 
星期三, 八月 3, 2022

MINNEAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Capstone, an innovative publisher and education technology provider of children's content for schools and home, has named Randi Economou as its new CEO. Her appointment was effective July 11, 2022.

Key Points: 
  • MINNEAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Capstone, an innovative publisher and education technology provider of children's content for schools and home, has named Randi Economou as its new CEO.
  • Economou fills the interim role that principal and owner Bob Coughlan held over the past year and a half as a new chief executive was sought.
  • Economou has a successful track record with school districts across the country and is a nationally known industry expert, Coughlan noted.
  • "Randi brings the perfect background to Capstone to help us further our mission of delivering the best possible learning experiences for kids," said Coughlan.

YPO Elects Rafi Demirjian 2022-2023 YPO Chairman

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星期三, 七月 13, 2022

NEW YORK, July 13, 2022 /PRNewswire/ -- YPO , the global leadership community of more than 30,000 chief executives in 142 countries, announces the election of Rafi Demirjian to YPO's highest elected office, chairman of the YPO Board of Directors.

Key Points: 
  • NEW YORK, July 13, 2022 /PRNewswire/ -- YPO , the global leadership community of more than 30,000 chief executives in 142 countries, announces the election of Rafi Demirjian to YPO's highest elected office, chairman of the YPO Board of Directors.
  • Demirjian, whose term began on 1 July 2022, is the 70th member to hold this office and succeeds YPO Chairman Anastasios (Tassos) Economou.
  • A member of YPO Lebanon, Demirjian is the executive chairman of Demirjian Global, a family-owned consortium focusing on trading in various capital markets, longer-term investments, real estate and alternative assets.
  • "I am honored to have been chosen to serve my YPO peers as chairman," says Demirjian.

YPO Elects Rafi Demirjian 2022-2023 YPO Chairman

Retrieved on: 
星期三, 七月 13, 2022

NEW YORK, July 13, 2022 /PRNewswire/ -- YPO , the global leadership community of more than 30,000 chief executives in 142 countries, announces the election of Rafi Demirjian to YPO's highest elected office, chairman of the YPO Board of Directors.

Key Points: 
  • NEW YORK, July 13, 2022 /PRNewswire/ -- YPO , the global leadership community of more than 30,000 chief executives in 142 countries, announces the election of Rafi Demirjian to YPO's highest elected office, chairman of the YPO Board of Directors.
  • Demirjian, whose term began on 1 July 2022, is the 70th member to hold this office and succeeds YPO Chairman Anastasios (Tassos) Economou.
  • A member of YPO Lebanon, Demirjian is the executive chairman of Demirjian Global, a family-owned consortium focusing on trading in various capital markets, longer-term investments, real estate and alternative assets.
  • "I am honored to have been chosen to serve my YPO peers as chairman," says Demirjian.

Esteemed Movie And Television Producer Mark Ciardi To Join game1 As President & Chief Content Officer

Retrieved on: 
星期一, 九月 27, 2021

LOS ANGELES, Sept. 27, 2021 /PRNewswire/ --The cutting-edge sports content studio, game1, announced today that Mark Ciardi is joining the company as President & Chief Content Officer.

Key Points: 
  • LOS ANGELES, Sept. 27, 2021 /PRNewswire/ --The cutting-edge sports content studio, game1, announced today that Mark Ciardi is joining the company as President & Chief Content Officer.
  • "Mark is one of the best storytellers in sports across all platforms.It's a huge coup to have him join forces with Greg and me," said Basil Iwanyk, Chairman of game1.
  • "It allows us to scale game1 in an exponential fashion during the best time for sports content in history.
  • "Mark is not only an incredible content producer, but the real deal as a former collegiate and professional athlete himself," concluded Economou, CEO of game1.