The Senior Vice President and Chief Operating officer of Danaos Corp Iraklis Prokopakis has recently retired from his executive role in the group serving in this position since 1998. He will remain on the Board of Directors and will pursue his academic interests following his retirement.
The position of Chief Operating Officer will be assumed by Dimitrios Vastarouchas who currently serves as Deputy Chief Operating Officer of Danaos. Mr. Vastarouchas joined in the managing company Danaos Shipping Co. Ltd. in 1995. He was promoted to Technical Director in 2005 and has served as Deputy Chief Operating Officer of Danaos for the last 12 years.
Additionally, Filippos G. Prokopakis, who currently serves as Commercial Director of the group, will be appointed as Chief Commercial Officer of Danaos. Filippos has been with the company since 2012 and has considerable expertise across all commercial operations.
Dr. John Coustas, President and Chief Executive Officer of Danaos, commented: “On behalf of the Board of Directors and the entire Danaos team, I would like to sincerely thank Iraklis, a good friend and valuable colleague, for his many years of service. His leadership and expertise have played a significant role in the development of Danaos over the past 25 years, and Iraklis leaves at a time when the company is as strong as it has ever been.
We are happy that Iraklis will remain on the Board of Danaos and continue to contribute his deep knowledge and experience to the company, offering valuable insights on ongoing strategic planning.
Danaos is also fortunate to have the right team in place to enable a smooth leadership transition. Dimitris and Filippos are both long-tenured members of Danaos or our Manager and have significant relevant experience and capabilities to ensure our operating capabilities remain exceptional going forward.”
ELNAVI Newsletter
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