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Stock impact report

Genco Shipping & Trading Rejects George Economou Nominees

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) 
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: gencoshipping.com
Company Research Source: GlobeNewswire
NEW YORK, March 05, 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 that its Board of Directors (the “Board”) has unanimously rejected the proposed nomination of Randee Day and Robert Pons by George Economou through his entity GK Investor LLC to stand for election to the Board at the Company’s 2024 Annual Meeting of Shareholders. The Company issued the following statement: Our Board of Directors thoroughly evaluated both nominees and determined on the unanimous recommendation of our Nominating and Corporate Governance Committee, which is comprised of independent directors, that adding them to the Board would not be in the best interest of the Company or its shareholders. As part of its review process, our Nominating and Corporate Governance Committee interviewed both nominees and determined that they respectively ar Show less Read more
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