Genco Shipping Appoints Industry Veteran Peter Allen As Finance Chief

  • Drybulk ship-owning company Genco Shipping & Trading Ltd GNK has appointed Peter Allen as Chief Financial Officer, effective June 16, 2023.
  • He is to succeed Apostolos Zafolias, who will leave the company to pursue an opportunity outside of the maritime industry.
  • Allen joined the company in 2008 and has served in various finance, accounting and corporate strategy leadership positions.
  • He has extensive experience in the shipping industry related to financial strategy, capital allocation, Mergers & Acquisitions, market analysis, SEC reporting and investor relations.
  • “His appointment reflects our success developing talent at the Company, which has produced a deep bench of skilled, dedicated employees that will support Peter in his new role,” said CEO John C. Wobensmith.
  • Price Action: GNK shares are trading lower by 1.08% at $13.70 premarket on the last check Monday.
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