Jerry Kalogiratos New CEO for Capital Product Partners

Maritime Activity Reports, Inc.

June 13, 2015

Photo: Capital Product Partners L.P

Photo: Capital Product Partners L.P

 Gerasimos (Jerry) Kalogiratos, the Partnership's current Chief Operating Officer and a director of the Partnership, will be appointed as the CEO and CFO effective June 30.

 
Capital Product Partners has announced that Petros Christodoulou, who held the role of CEO and CFO, will leave the company as of the same day.
 
Ioannis Lazaridis, Chairman of the Board of the Partnership, stated: "We thank Petros Christodoulou for his service to the Partnership and we wish him well in his future endeavors. We welcome Jerry Kalogiratos to lead the Partnership to its next phase. The Board and I have worked successfully with Jerry over the past eight years. Jerry has been involved in the day-to-day operations of the Partnership and in all its asset and financing transactions since the Partnership's 2007 IPO. We have great confidence in Jerry's skills and ability to execute our growth strategy that aims to further increase our distributions."
 
Kalogiratos, 38, joined Capital Maritime & Trading Corp. in 2005 and was part of the team that completed the IPO of the Partnership in 2007. He has been the Chief Operating Officer of the Partnership since October 2014 and has served as CFO and director of NYSE-listed Crude Carriers Corp. before its merger with the Partnership in September 2011. He has also been Finance Director of Capital Maritime & Trading Corp. since February 2010.
 
Nikolaos Syntychakis, Managing Director of Capital Ship Management Corp., will succeed Mr. Petros Christodoulou as director of the Partnership.
 
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