Goldenport Holdings has appointed Bob Crawley as chairman to replace Chris Walton who, along with company founder Paris Dragnis, is retiring from the company board.
Walton has been non-executive chairman since April 2006, and will be replaced by Crawley upon his retirement effective December 31. Crawley has also served as a director since April 2006.
Captain Paris Dragnis, who founded the company and was chief executive officer before handing over to John Dragnis in 2012, is also retiring effective December 31. Dragnis is currently an executive director and president of the company.
Walton, commenting on the changes, said: “Captain Paris Dragnis and I feel it is an appropriate time to step down and reduce the size of the Board, to bring it in line with the reduced size of the Company’s fleet. Whilst the Board will now be smaller the remaining independent director will continue to have key decision-making authority on all major issues pending a review of the appropriate size and constituents of the Board in the first half of next year.”
Goldenport owns seven dry bulk vessels, made up of 6 supramaxes and a post panamax, and five containerships ranging between 970 and 5,551 teu.