---
schema_version: "secwatch.filing_event.v1"
accession: "0001606909-25-000154"
form_type: "8-K"
ticker: "PANL"
cik: "0001606909"
company_name: "Pangaea Logistics Solutions Ltd."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:22:08.839564+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CEO Mark Filanowski to retire Jan 1, 2026; COO Mads Petersen named successor

## Summary
- Mark Filanowski will retire as CEO and step down from the Board effective January 1, 2026, after 11 years.
- Mads Petersen, 46, current COO (since 2022), appointed President and CEO effective January 1, 2026.
- Petersen will join the Board on January 1, 2026; he has 16 years with Pangaea and 20+ years in dry bulk.
- Petersen led Pangaea's Copenhagen office, ice-class vessel activities, and newbuilding in Japan and China.

## SEC filing metadata
- accession: 0001606909-25-000154
- form_type: 8-K
- ticker: PANL
- cik: 0001606909
- company_name: Pangaea Logistics Solutions Ltd.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606909/000160690925000154/0001606909-25-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606909/000160690925000154/panl-20250917.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606909-25-000154
- JSON: https://secwatch.observer/filing/0001606909-25-000154.json
- Plain text: https://secwatch.observer/filing/0001606909-25-000154.txt

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