Director Bao D. Truong resigns from Genco Shipping board; Centerbridge reduces stake

GENCO SHIPPING & TRADING LTD

Bao D. Truong resigned as director effective August 17, 2022.
He cited recent reduction of Centerbridge Partners' ownership in the company.
Truong stated his departure did not reflect any disagreement with Genco.
He had served on the board since July 2014 and is a Senior Managing Director at Centerbridge.

item 5.02

Executive movements

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Departed

Bao D. Truong

Director

GNK · GENCO SHIPPING & TRADING LTD

Effective: 2022-08-17
Filed: August 17, 2022, 7:59 PM ET

On August 16, 2022, Bao D. Truong, who has served as a director of Genco Shipping & Trading Limited (the “Company”) since July 2014, informed the Company of his intention to resign as a director. The following day, Mr. Truong resigned.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Bao D. Truong resigned as Director at GENCO SHIPPING & TRADING LTD.

Action: resigned
Role: Director

Exact text from the filing

On August 16, 2022, Bao D. Truong, who has served as a director of Genco Shipping & Trading Limited (the “Company”) since July 2014, informed the Company of his intention to resign as a director. The following day, Mr. Truong resigned.

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Source: SEC EDGAR

accession 0001140361-22-030097

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