Christodoulou steps down from Capital Product Partners CEO role after just 8 months

Christodoulou steps down from Capital Product Partners CEO role after just 8 months

Athens: Nasdaq-listed Capital Product Partners has announced that Petros Christodoulou, who held the role of CEO and CFO, will leave the company effective June 30.

Christodoulou will be replaced by the partnership’s current COO Jerry Kalogiratos. Christodoulou, formerly the deputy ceo of National Bank of Greece, was appointed as CEO and CFO in September 2014, after Ionnis Lazaridis stepped down from the position and later became non-executive chairman.

Lazaridis, commenting on the changes in a statement, said: “We thank Mr. Petros Christodoulou for his service to the Partnership and we wish him well in his future endeavors. We welcome Mr. Jerry Kalogiratos to lead the Partnership to its next phase. The Board and I have worked successfully with Jerry over the past eight years. Jerry has been involved in the day-to-day operations of the Partnership and in all its asset and financing transactions since the Partnership’s 2007 IPO. We have great confidence in Jerry’s skills and ability to execute our growth strategy that aims to further increase our distributions.”

Kalogiratos joined Capital Maritime & Trading in 2005 and was part of the team that completed the IPO of the partnership in 2007. He has served as COO since October 2014 .

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts