---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-030097"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:03:13.836057+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-22-030097
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326200/000114036122030097/0001140361-22-030097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036122030097/brhc10040991_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-030097
- JSON: https://secwatch.observer/filing/0001140361-22-030097.json
- Plain text: https://secwatch.observer/filing/0001140361-22-030097.txt

## Key facts
- Executive change
  Bao D. Truong resigned as Director at GENCO SHIPPING & TRADING LTD.
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326200/000114036122030097/0001140361-22-030097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.