People: Navios Maritime Holdings Inc. (NM)

Vasiliki Papaefthymiou has been Navios Maritime Holdings Inc.'s Executive Vice President – Legal and a Member of its Board of Directors since August 25, 2005, the date of the acquisition of Navios by International Shipping Enterprises, Inc. Prior to the acquisition, Ms. Papaefthymiou was the secretary and a director of ISE from September 2004 until ISE’s acquisition of and merger into Navios. Ms. Papaefthymiou has served as general counsel for Maritime Enterprises from October 2001 until August 25, 2005, advising that company on shipping, corporate and finance legal matters. Ms. Papaefthymiou provided similar services as general counsel to Franser Shipping from October 1991 to September 2001. Ms. Papaefthymiou received an undergraduate degree from the Law School of the University of Athens and a master’s degree in Maritime Law from Southampton University in the United Kingdom. Ms. Papaefthymiou is also admitted to practice before the bar in Piraeus, Greece.