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Capital Product Partners ceo steps down

Capital Product Partners ceo steps down
Capital Product Partners has announced that its ceo Petros Christodoulou will step down effective 30 June 2015.

Gerasimos (Jerry) Kalogiratos, the current coo and director, will be appointed as the new ceo and cfo.

Ioannis Lazaridis, chairman of the board of Capital Product Partners, said: “The board and I have worked successfully with Jerry over the past eight years.”

He added that Kalogiratos has been involved in the day-to-day operations of the company and in all its assets and financing transactions since the company’s 2007 IPO.

Christodoulou, who is also cfo and director, will also see Nikolaos Syntychakis, currently managing director of Capital Ship Management Corp, take on the role of director of Capital Product Partners.

The company did not give any reasons for the management changes.

Capital Product Partners currently owns 31 vessels, including four suezmax oil tankers, 19 MR product tankers, seven post-panamax container vessels and one capesize bulk carrier.