Genco Shipping appoints Peter Allen as CFO effective June 16, 2023

GENCO SHIPPING & TRADING LTD

Peter Allen appointed CFO of Genco, effective June 16, 2023, succeeding Apostolos Zafolias.
Allen, 36, has been with Genco since 2008, most recently as SVP Strategy & Finance since October 2018.
Base salary of $335,000/year; eligible for annual bonus target of 80% of base; equity award of $125,000.
Allen holds a CFA designation and has 15 years of shipping industry experience focusing on capital allocation, M&A, and drybulk market analysis.

item 5.02

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Appointed

Peter Allen

Chief Financial Officer

GNK · GENCO SHIPPING & TRADING LTD

Effective: 2023-06-16
Filed: May 22, 2023, 7:59 PM ET

On May 18, 2023, Peter Allen was appointed as the Chief Financial Officer of Genco Shipping & Trading Limited (the “Company”), effective June 16, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Allen was appointed as Chief Financial Officer at GENCO SHIPPING & TRADING LTD.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 18, 2023, Peter Allen was appointed as the Chief Financial Officer of Genco Shipping & Trading Limited (the “Company”), effective June 16, 2023.

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Source: SEC EDGAR

accession 0001140361-23-025882

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