Simeon P. Palios has served as the Chief Executive Officer and Chairman of Diana
Shipping Inc. since February 21, 2005 and as a Director since March 9, 1999 and
has served as the Chief Executive Officer and Chairman of Diana Containerships
Inc. since January 13, 2010. Mr. Palios also serves currently as the President
of Diana Shipping Services S.A., our management company. Prior to November 12,
2004, Mr. Palios was the Managing Director of Diana Shipping Agencies S.A. Since
1972, when he formed Diana Shipping Agencies S.A., Mr. Palios has had the overall
responsibility of the activities. Mr. Palios has experience in the shipping industry
since 1969 and expertise in technical and operational issues. He has served as
an ensign in the Greek Navy for the inspection of passenger boats on behalf of
Ministry of Merchant Marine and is qualified as a naval architect and marine engineer.
Mr. Palios is a member of various leading classification societies worldwide and
he is a member of the board of directors of the United Kingdom Freight Demurrage
and Defense Association Limited. He holds a bachelors degree in Marine Engineering
from Durham University.
Anastasios C. Margaronis has served as our President and as a Director since
February 21, 2005 and has served as the Director and President of Diana Containerships
Inc. since January 13, 2010. Mr. Margaronis also serves as an employee of Diana
Shipping Services S.A. Prior to February 21, 2005, Mr. Margaronis was employed
by Diana Shipping Agencies S.A. and performed on our behalf the services he
now performs as President. He joined Diana Shipping Agencies S.A. in 1979 and
has been responsible for overseeing our insurance matters, including hull and
machinery, protection and indemnity and war risks cover. Mr. Margaronis has
experience in the shipping industry, including in ship finance and insurance,
since 1980. He is a member of the Greek National Committee of the American Bureau
of Shipping and a member of the board of directors of the United Kingdom Mutual
Steam Ship Assurance Association (Bermuda) Limited. He holds a bachelors degree
in Economics from the University of Warwick and a masters of science degree
in Maritime Law from the Wales Institute of Science and Technology.
Ioannis G. Zafirakis serves as our Director, Chief Operating Officer and Secretary.
He also serves as Director, Chief Operating Officer and Secretary of Diana Containerships
Inc. He is also the head of the Corporate Planning and Governance department
of Diana Shipping Services S.A., where he also serves as Director and Treasurer.
Since June 1997 and up to February 2005 Mr. Zafirakis was employed by Diana
Shipping Agencies S.A. where he held a number of positions in its finance and
accounting department. Mr Zafirakis is also a member of the Business Advisory
Committee of the MSc in International Shipping and Finance at ICMA Centre, Henley
Business School, University of Reading. He holds a bachelors degree in Business
Studies from City University Business School in London and a masters degree
in International Transport from the University of Wales in Cardiff.
Andreas Michalopoulos has served as our Chief Financial Officer and Treasurer
since March 8, 2006 and has served in these positions with Diana Containerships
Inc. since January 13, 2010. Mr. Michalopoulos started his career in 1993 when
he joined Merrill Lynch Private Banking in Paris. In 1995, he became an International
Corporate Auditor with Nestle SA based in Vevey, Switzerland and moved in 1998
to the position of Trade Marketing and Merchandising Manager. From 2000 to 2002,
he worked for McKinsey and Company in Paris, France as an Associate Generalist
Consultant before joining a major Greek Pharmaceutical Group with U.S. R&D
activity as a Vice President of International Business Development and Member
of the Executive Committee in 2002 where he remained until 2005. From 2005 to
2006, he joined Diana Shipping Agencies S.A. as a Project Manager. Mr. Michalopoulos
graduated from Paris IX Dauphine University with Honors in 1993 obtaining an
MSc in Economics and a masters degree in Management Sciences specialized in
Finance. In 1995, he also obtained a masters degree in Business Administration
from Imperial College, University of London. Mr. Andreas Michalopoulos is married
to the youngest daughter of Mr. Simeon Palios.
Maria Dede has served as our Chief Accounting Officer since September 1, 2005
during which time she has been responsible for all financial reporting requirements.
Mrs. Dede has also served as an employee of Diana Shipping Services S.A since
March 2005. In 2000, Mrs. Dede joined the Athens branch of Arthur Andersen,
which merged with Ernst and Young (Hellas) in 2002, where she served as an external
auditor of shipping companies until 2005. From 1996 to 2000, Mrs. Dede was employed
by Venus Enterprises SA, a ship-management company, where she held a number
of positions primarily in accounting and supplies. Mrs. Dede holds a bachelors
degree in Maritime Studies from the University of Piraeus and a masters degree
in business administration from ALBA.
William (Bill) Lawes has served as a Director and the Chairman of our Audit
Committee since March 2005. Mr. Lawes served as a Managing Director and a member
of the Regional Senior Management Board of JPMorgan Chase (London) from 1987
until 2002. Prior to joining JPMorgan Chase, he was Global Head of Shipping
Finance at Grindlays Bank. Since December 2007, he serves as an independent
member of the Board of Directors and Chairman of the Audit Committee of Teekay
Tankers Ltd. In January 2014, Mr Lawes also joined the board of Tanker Investments
Ltd. Mr. Lawes is qualified as a member of the Institute of Chartered Accountants
of Scotland.
Konstantinos Psaltis has served as a Director since March 2005. From 1981 to
2006, Mr. Psaltis has served as Managing Director of Ormos Compania Naviera
S.A., a company that specializes in operating and managing multipurpose container
vessels and as from 2006 till today as a President of the same company. Prior
to joining Ormos Compania Naviera S.A., Mr. Psaltis simultaneously served as
a technical manager in the textile manufacturing industry and as a shareholder
of shipping companies managed by M.J. Lemos. From 1961 to 1964, he served as
ensign in the Royal Hellenic Navy. Mr. Psaltis is a member of the Germanischer
Lloyds Hellas Committee. He holds a degree in Mechanical Engineering from Technische
Hochschule Reutlingen & Wuppertal and a bachelors degree in Business Administration
from Tubingen University in Germany.
Kyriacos Riris has served as a Director since March 2015. From 1998 Mr. Riris
served in a series of positions in PricewaterhouseCoopers (PwC), Greece, including
Senior Partner, Managing Partner of the Audit and the Advisory/Consulting Lines
of Service. From 2009 to 2014, Mr. Riris served as Chairman of the Board of
Directors of PricewaterhouseCoopers (PwC), Greece. Prior to its merger with
PwC, Mr. Riris was employed at Grant Thornton, Greece, where in 1984 he became
a Partner. From 1976 to 1982 Mr. Riris was employed at Arthur Young, Greece.
Mr. Riris holds a degree from Birmingham Polytechnic (presently Birmingham City
University) and completed his professional qualifications with the Association
of Certified Chartered Accountants (ACCA) in the UK in 1975, becoming a Fellow
of the Association of Certified Accountants in 1985.
Boris Nachamkin has served as a Director and as a member of our Compensation
Committee since March 2005. Mr. Nachamkin was with Bankers Trust Company, New
York, for 37 years, from 1956 to 1993 and was posted to London in 1968. Upon
retirement in 1993, he acted as Managing Director and Global Head of Shipping
at Bankers Trust. Mr. Nachamkin was also the UK Representative of Deutsche Bank
Shipping from 1996 to 1998 and Senior Executive and Head of Shipping for Credit
Agricole Indosuez, based in Paris, between 1998 and 2000. Previously, he was
a Director of Mercur Tankers, a company which was listed on the Oslo Stock Exchange,
and Ugland International, a shipping company. He also serves as Managing Director
of Seatrust Shipping Services Ltd., a private consulting firm and as a U.K.
Director of Marine Money, a U.S. - based ship finance publication.
Apostolos Kontoyannis has served as a Director and as the Chairman of our Compensation
Committee and a member of our Audit Committee effective since March 2005. Mr.
Kontoyannis has over 35 years of experience in shipping finance and currently
serves as financial consultant to various shipping companies. He was employed
by Chase Manhattan Bank N.A. in Frankfurt (Corporate Bank), London (Head of
Shipping Finance South Western European Region) and Piraeus (Manager, Ship Finance
Group) from 1975 to 1987. He is an independent member of the Board of Directors
of Excel Maritime Holding Company LLC. Mr. Kontoyannis holds a bachelors degree
in Finance and Marketing and a masters degree in business administration in
Finance from Boston University.
Semiramis Paliou has served as a Director since March 2015. Mrs. Paliou has
almost 19 years of experience in shipping operations, technical management and
crewing. Mrs. Paliou began her career at Lloyds Register of Shipping from 1996
to 1998 and she was then employed by Diana Shipping Agencies S.A. From 2007
to 2010 she was employed as a Director and President of Alpha Sigma Shipping
Corp. Since 2010 she is the head of the operations, technical and crew department
of Diana Shipping Services S.A. Mrs. Paliou obtained her BSc in Mechanical Engineering
from Imperial College, London and her MSc in Naval Architecture from University
College, London. She is the daughter of Simeon Palios, our Chief Executive Officer
and Chairman, and is a member of the Greek committee of Det Norske Veritas and
a member of the Greek committee of Nippon Kaiji Kyokai.
Diana Shipping Inc currently has 47 employees.
News about Diana Shipping Inc Key Personnel |
Diana Shipping Inc. (NYSE: DSX), a prominent global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has recently announced a significant milestone for its financial stability. Yesterday, the company successfully signed and drew down a substantial US$167.3 million secured term loan facility with Nordea Bank Abp, filial i Norge. This crucial financing move aims to refinance two existing term loan facilities with Nordea, reinforcing Diana Shipping Inc. s stronghold in the shipping industry.
The thorough planning and execution of this refinancing demonstrate Diana Shipping Inc. s proactive approach towards managing their financial obligations while mitiga...
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