Danaos Corporation appoints Evangelos Chatzis as Chief Financial Officer
News Release
Danaos Corporation (Head Office)
July 25, 2011
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<DIV>Athens, Greece, July 25, 2011 - Danaos Corporation (NYSE: DAC), a leading
international owner of containerships, announced that the Board of Directors of
the Company has appointed Mr. Evangelos Chatzis to the position of Chief
Financial Officer, effective July 22, 2011. <BR><BR>Evangelos Chatzis has over
16 years of experience in corporate finance and the shipping industry and has
been with Danaos since early 2005 where he has served as Treasurer and Deputy
Chief Financial Officer. During his years with Danaos he has been actively
engaged in the company's financial management, the company's initial public
offering in the United States, and has led a variety of projects, the latest
being the successfully concluded comprehensive financing plan of the company.
Throughout his career he has developed considerable experience in operations,
corporate finance, treasury and risk management and international business
structuring. <BR><BR>Prior to joining Danaos, Evangelos was the Chief Financial
Officer of Globe Group of Companies, a public company in Greece engaged in a
diverse scope of activities including dry bulk shipping, the textile industry,
food production & distribution and real estate. During his years with Globe
Group, he was involved in mergers and acquisitions, corporate restructurings and
privatizations. <BR><BR>He holds a Bachelor of Science degree in Economics from
the London School of Economics, a Master's of Science degree in Shipping &
Finance from City University Cass Business School, as well as a post-graduate
diploma in Shipping Risk Management from IMD Business School. <BR><BR>Dr. John
Coustas, President & Chief Executive Officer of Danaos commented: "We are
pleased to announce the appointment of Evangelos as the new Chief Financial
Officer of the company. Evangelos has been a valuable and trusted member of the
management team for almost 7 years and brings solid experience and continuity to
the post, having been actively involved in the company's initial public offering
and its transformation and growth since then. We look forward to his
contribution towards further solidifying the company's future and wish him every
success in his new duties." <BR></DIV></BODY></HTML>
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<DIV>Athens, Greece, July 25, 2011 - Danaos Corporation (NYSE: DAC), a leading
international owner of containerships, announced that the Board of Directors of
the Company has appointed Mr. Evangelos Chatzis to the position of Chief
Financial Officer, effective July 22, 2011. <BR><BR>Evangelos Chatzis has over
16 years of experience in corporate finance and the shipping industry and has
been with Danaos since early 2005 where he has served as Treasurer and Deputy
Chief Financial Officer. During his years with Danaos he has been actively
engaged in the company's financial management, the company's initial public
offering in the United States, and has led a variety of projects, the latest
being the successfully concluded comprehensive financing plan of the company.
Throughout his career he has developed considerable experience in operations,
corporate finance, treasury and risk management and international business
structuring. <BR><BR>Prior to joining Danaos, Evangelos was the Chief Financial
Officer of Globe Group of Companies, a public company in Greece engaged in a
diverse scope of activities including dry bulk shipping, the textile industry,
food production & distribution and real estate. During his years with Globe
Group, he was involved in mergers and acquisitions, corporate restructurings and
privatizations. <BR><BR>He holds a Bachelor of Science degree in Economics from
the London School of Economics, a Master's of Science degree in Shipping &
Finance from City University Cass Business School, as well as a post-graduate
diploma in Shipping Risk Management from IMD Business School. <BR><BR>Dr. John
Coustas, President & Chief Executive Officer of Danaos commented: "We are
pleased to announce the appointment of Evangelos as the new Chief Financial
Officer of the company. Evangelos has been a valuable and trusted member of the
management team for almost 7 years and brings solid experience and continuity to
the post, having been actively involved in the company's initial public offering
and its transformation and growth since then. We look forward to his
contribution towards further solidifying the company's future and wish him every
success in his new duties." <BR></DIV></BODY></HTML>