Navios Partners Announces Appointment of L. Theodorou to BoD

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Navios Partners, an international owner and operator of container and dry bulk vessels, announced the appointment of Mr. Lampros Theodorou to its Board of Directors.

Mr. Theodorou founded Garnet & Associates Inc. in 2014 and has been Director since that time. For almost 20 years, Mr. Theodorou worked at EFG Eurobank S.A., most recently as Deputy General Manager and head of the Shipping Unit. Mr. Theodorou has served as a non-executive director of Paragon Shipping Inc. for the period May 2015 to April 2016. Mr. Theodorou earned a bachelor’s degree in Business Administration from the University of Piraeus and a master’s degree in Business Operations from the University of Arkansas.

“We are delighted Mr. Theodorou has joined our board and believe that his deep understanding of shipping and finance will significantly benefit the Company,” said Ms. Angeliki Frangou, Chairman and CEO of Navios Maritime Partners L.P.

Navios Partners has also announced that John Karakadas, a director of Navios Partners’ since October 2007, has resigned. Ms. Frangou commented, “We thank Mr. Karakadas for his valuable contribution and his good service to the Company. We wish him well in his future ventures.”

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