People: Danaos Corp (DAC)

DAC on New York Consolidated

4.00USD
23 May 2013
Price Change (% chg)

$-0.15 (-3.61%)
Prev Close
$4.15
Open
$3.98
Day's High
$4.03
Day's Low
$3.87
Volume
22,333
Avg. Vol
18,201
52-wk High
$4.73
52-wk Low
$2.44

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Summary

Name Age Since Current Position

John Coustas

 57 President, Chief Executive Officer, Director

Evangelos Chatzis

 40 2011 Chief Financial Officer, Secretary

Iraklis Prokopakis

 62 2008 Chief Operating Officer, Senior Vice President, Treasurer, Director

Dimitris Vastarouchas

 45 2010 Deputy Chief Operating Officer

Andrew Fogarty

 68 2010 Presiding Independent Director

George Economou

 60 2010 Independent Director

Myles Itkin

 65 2006 Independent Director

Miklos Konkoly-Thege

 70 2006 Independent Director

Robert Mundell

 81 2006 Independent Director
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Biographies

Name Description

John Coustas

 Dr. John Coustas, Ph.D., is President, Chief Executive Officer, Director of Danaos Corp. Dr. Coustas has over 28 years of experience in the shipping industry. Dr. Coustas assumed management of company in 1987 from his father, Dimitris Coustas, who founded Danaos Shipping in 1972, and has been responsible for corporate strategy and the management of affairs since that time. Dr. Coustas is also a member of the board of directors of Danaos Management Consultants, The Swedish Club, the Union of Greek Shipowners and the Cyprus Union of Shipowners and Vice Chairman of HELMEPA (Hellenic Maritime Protection Agency). Dr. Coustas holds a degree in Marine Engineering from National Technical University of Athens as well as a Master's degree in Computer Science and a Ph.D in Computer Controls from Imperial College, London.

Evangelos Chatzis

 Mr. Evangelos Chatzis is Chief Financial Officer, Secretary of Danaos Corp. Mr. Chatzis has been with Danaos Corporation since 2005 and has over 17 years of experience in corporate finance and the shipping industry. During his years with Danaos he has been actively engaged in the company's initial public offering in the United States and has led a variety of projects, the latest being the 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. 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. 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.

Iraklis Prokopakis

 Mr. Iraklis Prokopakis is Chief Operating Officer, Senior Vice President, Treasurer, Director of Danaos Corp. Mr. Prokopakis joined the company in 1998 and has over 34 years of experience in the shipping industry. Prior to entering the shipping industry, Mr. Prokopakis was a captain in the Hellenic Navy. He holds a Bachelor of Science in Mechanical Engineering from Portsmouth University in the United Kingdom, a Master's degree in Naval Architecture and a Ship Risk Management Diploma from the Massachusetts Institute of Technology in the United States and a post-graduate diploma in business studies from the London School of Economics. Mr. Prokopakis also has a Certificate in Operational Audit of Banks from the Management Center Europe in Brussels and a Safety Risk Management Certificate from Det Norske Veritas.

Dimitris Vastarouchas

 Mr. Dimitris Vastarouchas is Deputy Chief Operating Officer of Danaos Corp. Mr. Vastarouchas has been the Technical Manager of company's Manager since 2005 and has over 15 years of experience in the shipping industry. Mr. Vastarouchas initially joined Manager in 1995 and prior to becoming Technical Manager he was the New Buildings Projects and Site Manager, under which capacity he supervised newbuilding projects in Korea for 4,250, 5,500 and 8,500 TEU containerships. He holds a degree in Naval Architecture & Marine Engineering from the National Technical University of Athens, Certificates & Licenses of experience in the fields of Aerodynamics (C.I.T.), Welding (CSWIP), Marine Coating (FROSIO) and Insurance (North of England P&I). He is also a qualified auditor by Net Norske Veritas.

Andrew Fogarty

 Mr. Andrew B. Fogarty, Ph.D., is Presiding Independent Director of Danaos Corp. Mr. Fogarty has been a member of board of directors since October 2006. Mr. Fogarty has over 27 years of experience in the transportation industry. After a career in government, including as Secretary of Transportation for the Commonwealth of Virginia, from 1989 Mr. Fogarty held various executive positions with CSX Corporation or its predecessors, including as Senior Vice President—Corporate Services of CSX Corporation from 2001 to 2005, and as Special Assistant to the Chairman of CSX from 2006 to 2009. Previously, Mr. Fogarty also held the positions of President and CEO of CSX World Terminals, and Senior Vice President and Chief Financial Officer of Sea-Land Service, Inc. CSX is one of the world's transportation companies providing rail, intermodal and rail-to-truck transload services. Mr. Fogarty is the former chairman and current member of the board of directors of the National Defense Transportation Association and a fellow of the National Academy of Public Administration. He holds a Bachelor of Arts from Hofstra University, a Master's of Public Administration from the Nelson A. Rockefeller College of Public Affairs & Policy at the State University of New York, and a Ph.D. from Florida State University.

George Economou

 Mr. George Economou is Independent Director of Danaos Corp. Mr. Economou has over 31 years of experience in the maritime industry and he has served as Chairman, President and Chief Executive Officer of Dryships Inc. since its incorporation in 2004. He took Dryships Inc. public in February 2005 on NASDAQ under the trading symbol: DRYS. Mr. Economou has overseen Dryships' growth into the US-listed dry bulk company in fleet size and revenue and the second Panamax owner in the world. Between 1986 and 1991 he invested and participated in the formation of numerous individual shipping companies and in 1991 he founded Cardiff Marine Inc. Mr. Economou is a member of ABS Council, Intertanko Hellenic Shipping Forum and Lloyds Register Hellenic Advisory Committee. Mr. Economou is a graduate of the Massachusetts Institute of Technology and holds both a Bachelor of Science and a Master of Science degree in Naval Architecture and Marine Engineering and a Master of Science in Shipping and Shipbuilding Management.

Myles Itkin

 Mr. Myles R. Itkin is Independent Director of Danaos Corp. Mr. Itkin is the Executive Vice President, Chief Financial Officer and Treasurer of Overseas Shipholding Group, Inc. ("OSG"), in which capacities he has served, with the exception of a promotion from Senior Vice President to Executive Vice President in 2006, since 1995. Prior to joining OSG in June 1995, Mr. Itkin was employed by Alliance Capital Management L.P. as Senior Vice President of Finance. Prior to that, he was Vice President of Finance at Northwest Airlines, Inc. Mr. Itkin joined the board of directors of the U.K. P&I Club in 2006. Mr. Itkin holds a Bachelor's degree from Cornell University and an MBA from New York University.

Miklos Konkoly-Thege

 Mr. Miklos Konkoly-Thege is Independent Director of Danaos Corp. Mr. Konkoly-Thege began at Det Norske Veritas ("DNV"), a ship classification society, in 1984. From 1984 through 2002, Mr. Konkoly-Thege served in various capacities with DNV including Chief Operating Officer, Chief Financial Officer and Corporate Controller, Head of Corporate Management Staff and Head of Business Areas. Mr. Konkoly-Thege became President and Chairman of the Executive Board of DNV in 2002 and served in that capacity until his retirement in May 2006. Mr. Konkoly-Thege is a member of the board of directors of Wilhelmsen Maritime Services Holding AS. Mr. Konkoly-Thege holds a Master of Science degree in civil engineering from Technische Universität Hannover, Germany and an MBA from the University of Minnesota.

Robert Mundell

 Dr. Robert A. Mundell, Ph.D., is Independent Director of Danaos Corp. Dr. Mundell is the University Professor of Economics at Columbia University. Dr. Mundell's principal occupation since 1967 has been as a member of the faculty of Columbia University. Dr. Mundell has served as a member of the board of directors of Olympus Corporation since 2005. Since 2003, Dr. Mundell has also served as Chairman of the Word Executive Institute in Beijing, China. He has been an adviser to a number of international agencies and organizations including the United Nations, the IMF, the World Bank, the Government of Canada, several governments in Latin America and Europe, the Federal Reserve Board and the U.S. Treasury. In 1999 Dr. Mundell received the Nobel Prize in Economics. Dr. Mundell holds a Bachelor's degree from the University of British Columbia, a Master's degree from the University of Washington and a Ph.D. from the Massachusetts Institute of Technology.

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