People: OceanFreight Inc. (OCNF.O)
OCNF.O on Consolidated Issue listed on NASDAQ Global Market
0.77USD
9 Feb 2010
0.77USD
9 Feb 2010
Price Change (% chg)
$0.06 (+8.93%)
$0.06 (+8.93%)
Prev Close
$0.77
$0.77
Open
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Day's High
$0.78
$0.78
Day's Low
$0.72
$0.72
Volume
3,228,300
3,228,300
Avg. Vol
3,378,859
3,378,859
52-wk High
$2.88
$2.88
52-wk Low
$0.70
$0.70
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Liveris, John | 56 | 2007 | Chairman of the Board |
| Kandylidis, Antonis | 31 | 2007 | President, Chief Executive Officer, Interim Chief Financial Officer, Director |
| Nenes, Demetris | 33 | 2009 | Vice President - Business Development |
| Dracoulis, Solon | 55 | 2007 | Chief Accounting Officer, Treasurer |
| Souras, Stephen | 38 | 2007 | Director |
| Kandylidis, Konstandinos | 59 | 2007 | Director |
| Korakas, Panagiotis | 59 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
| Liveris, John | John D. Liveris serves as Chairman of the Board of OceanFreight Inc. He is a consultant in the technology and defense industries based in Athens, Greece. His most recent affiliations include ContourGlobal LLC, Scientific Games Corporation, Hellenic Telecommunications Organization (OTE), Motorola, EADS Eurofighter, the Monitor Company and Northrop Grumman Corporation. Prior to his current activities, Professor Liveris was, until 1999, the Group Senior Advisor at Intracom, the leading Greek telecommunications and electronics manufacturer where he was responsible for developing thrusts into new markets, including the establishment of a Defense division, and new technologies, for revamping Intracom’s image and for all relations with the multi-lateral funding institutions. Mr. Liveris studied Mechanical Engineering at Tufts University in Boston, Mass. He did his graduate and doctoral studies in Engineering Management at the George Washington University in Washington, DC. There he taught from 1979 to 1996, attaining Professorial rank. Prof. Liveris has had a twenty-year professional experience in Washington, DC in various Greek government and private sector managerial and consulting positions. He has also had an extensive career as a journalist. |
| Kandylidis, Antonis | Antonis Kandylidis is President, Chief Executive Officer and interim Chief Financial Officer and Director of OceanFreight Inc. Mr. Kandylidis has served as President of the Board of Directors and as Company,s Chief Executive Officer and Interim Chief Financial Officer since December 2007. Mr. Kandylidis started his career at OMI Corporation’s commercial department. During his tenure at OMI Corporation he gained significant experience in the tanker vessel business and held various positions with responsibilities spanning Sale and Purchase, Time Charters, FFA Trading, Corporate Finance and Strategic Planning. In the spring of 2006, he returned to Greece where he provided consultancy services to companies affiliated with ship-owner Mr. George Economou. In September of 2006, Mr. Kandylidis founded OceanFreight Inc. and in April of 2007 he took the Company public. Mr. Kandylidis graduated Magna Cum Laude from Brown University and continued his studies at the Massachusetts Institute of Technology where he graduated with a Master of Science degree in Ocean Systems Management. |
| Nenes, Demetris | Demetris Nenes is Vice President of Business Development of OceanFreight Inc on February 8, 2009. Mr. Nenes began his professional career working at Sikorsky Aircraft Corporation as a Design Engineer working in various posts, with the most significant being Head of the Transmission Design Team for the Navy version of the S92. Mr. Nenes began his shipping career in 2005, joining OMI Corporation’s Vetting / Safety & Quality department. During his career at OMI he moved in the commercial side of the business being involved in Forward Freight Agreements (FFA) Trading and Sales and Purchase. After the sale of OMI to Teekay Shipping and Torm, Mr. Nenes joined Ospraie Management LLC. Ospraie is a commodity hedge fund based in New York. At Ospraie Mr. Nenes was involved in both FFA trading and Market Research and intelligence. Mr. Nenes holds a diploma in Naval Architecture and Marine Engineering from the National Technical University of Athens and a Master’s Degree in Business Administration from the University of Connecticut. |
| Dracoulis, Solon | Solon Dracoulis is Chief Accounting Officer and Treasurer of OceanFreight Inc. During 2006 and 2007, Mr. Dracoulis was a consultant to Navios Maritime Holdings and assumed the responsibilities of financial reporting and filings with the Securities and Exchange Commission. Prior to that period he held the position of Chief Financial Officer of Stelmar Shipping, Inc. following the acquisition of the company by Overseas Shipholding Group in early 2005 and as a Financial Controller Budget and Reporting Officer since 2001. During that time he was responsible for the preparation of Stelmar’s financial statements, filings with the Securities and Exchange Commission, the implementation of accounting procedures and controls administration of the financial and accounting management and information system, preparation of annual operating budgets, quarterly projections and monthly cash flow statements. During the period starting in 1980. Mr. Dracoulis worked for Arthur Andersen & CO., KPMG and PricewaterhouseCoopers, where he commenced his career as an auditor - analyst and later became a Principal in the shipping audit division where he conducted financial audits in accordance with International Standards on Auditing (I.S.A.) and U.S. Generally Accepted Auditing Standards (G.A.A.S), evaluation of internal controls and internal audit procedures. He has a degree in Accounting and Business Administration from the Business Administration and Commercial Studies branch of the University of Athens and is a member of the Association of Certified Accountants and Auditors of Greece. He is also a graduate of the Merchant Marine Academy at Aspropyrgos and has a five year service at sea as a Radio Officer. |
| Souras, Stephen | Stephen Souras serves as Director of OceanFreight Inc. He is a Director of Investment Yard Management Limited, a Cayman Islands investment manager, overseeing a portfolio of alternative investments. Prior to employment at Investment Yard Management Limited Mr. Souras worked at Goldman Sachs International in the Investment Management Division advising and managing the portfolios of high net worth clients. Prior to Goldman Sachs, Mr. Souras started his career in business development for a consumer goods company in Asia. Mr. Souras was also employed at UBS Warburg in equity sales and then research where he advised institutional investors. Mr. Souras is a graduate of Imperial College in London, where he obtained a Bachelor of Engineering degree in Information Systems Engineering in 1992 and M.Sc. with Distinction, in Applications of Electronics in Medicine in 1993. He also holds a MBA from INSEAD in Fontainebleau, France. |
| Kandylidis, Konstandinos | Konstandinos Kandylidis serves as Director of OceanFreight Inc. He is the main shareholder and Managing Director of Lapapharm Trade & Distribution Company Inc. (‘‘Lapapharm’’), a private business operating since 1962 in the fields of pharmaceuticals, crop protection and veterinary products, representing in Greece, mainly U.S. multinational corporations in the field including Gilead Sciences, Pharmion and Fort Dodge among others and in the past the American Cyanamid Company until 1994. Mr. Kandylidis joined Lapapharm in 1975 and served in several positions until 1990, when he became a member of the Board of Directors and in 1996 when he became the Managing Director. He was also member of the Board of Directors for the Hellenic Association of Crop Protection Products and has served as a member in several committees for the Hellenic Association of Pharmaceutical Companies. Mr. Kandylidis is a graduate of the Athens University of Economics and Business and he has a certificate in Marketing from the College for the Distributive Trades in England. |
| Korakas, Panagiotis | Panagiotis A. Korakas is the Director of OceanFreight Inc in December 2008 . Mr. Korakas was born 1950 in Athens, Greece. Mr. Korakas has had an extensive career in the construction and construction materials industry, both as an executive and an entrepreneur. For almost ten years, Mr. Korakas was the General Manager of Korakas & Partners, a commercial construction entity, while during the last 15 years he has run a business enterprise specializing in advanced composite metal construction. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Liveris, John | -- |
| Kandylidis, Antonis | -- |
| Nenes, Demetris | -- |
| Dracoulis, Solon | -- |
| Souras, Stephen | -- |
| Kandylidis, Konstandinos | -- |
| Korakas, Panagiotis | -- |
As Of
Options Compensation
| Name | Options | Value |
|---|---|---|
| Liveris, John | 0 | 0 |
| Kandylidis, Antonis | 0 | 0 |
| Nenes, Demetris | 0 | 0 |
| Dracoulis, Solon | 0 | 0 |
| Souras, Stephen | 0 | 0 |
| Kandylidis, Konstandinos | 0 | 0 |
| Korakas, Panagiotis | 0 | 0 |





