Paragon Shipping names new CFO

Paragon Shipping names new CFO

Nikolas Arachovas has joined NASDAQ-listed Paragon Shipping as its new chief financial officer (CFO) with immediate effect.

Arachovas was previously the financial advisor of Allseas Marine, Paragon’s technical and commercial manager, which he joined in February 2015.

He has worked within the shipping industry for eight years, before which Arachovas worked for companies such as Coca-Cola HBC, Deloitte and S&B Industrial Minerals.

“Nikolas has been supporting us since February by providing valuable financial advice. We believe that his business understanding, his financial background, as well as his capital markets experience will be valuable assets to our company,” Michael Bodouroglou (pictured), chairman, president and CEO of Paragon, commented in a statement.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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