FreeSeas: Appointment of New Chief Financial Officer & Director

freeseas

FreeSeas, a transporter of dry-bulk cargoes through the ownership and operation of two Handysize vessels, announced that Mr. Dimitris Filippas has been appointed as Chief Financial Officer of the Company in replacement of Mr. Dimitris Papadopoulos, who resigned as Chief Financial Officer and Director of the Company.

Mr. Dimitris Filippas has been serving as Deputy Chief Financial Officer since November 2013. Ms. Argyro Fonia has been appointed as Class B Director filing the vacancy created by Mr. Papadopoulos’ resignation.

Mr. Ion G. Varouxakis, Chairman, President and CEO, commented: “I would like to thank Mr. Dimitris Papadopoulos for his valuable contribution to the Company during challenging times and wish him success in his new endeavors. The Company is continuing its efforts with last the last Lender of the Company, the National Bank of Greece, in order to settle its last outstanding loan, secured on M/V’“Free Neptune’. A successful conclusion of the matter will enable the Company to fully leverage on opportunities presented in the presently improving dry-bulk market.”

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