Business Context and Reporting Period
This Form 6-K filing by Danaos Corporation covers the month of June 2011, with the report dated June 7, 2011. The filing serves to disclose a significant change in corporate leadership rather than financial performance.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly a notice of personnel changes and does not contain financial statements or operational metrics.
Material Changes
The primary material change disclosed is the resignation of Mr. Dimitri J. Andritsoyiannis, who served as Vice President and Chief Financial Officer. He is stepping down effective June 10, 2011, and will simultaneously leave the board of directors. Consequently, the board size will be reduced from 8 to 7 directors.
Outlook and Management Commentary
Mr. Evangelos Chatzis, currently the Deputy Chief Financial Officer, has been appointed as Acting Chief Financial Officer. The filing incorporates by reference several Registration Statements on Forms F-3 and S-8 but offers no specific guidance, risk factors, or commentary on future business outlook beyond the leadership transition.
Key Facts for Investor Verification
- Effective June 10, 2011, Mr. Dimitri J. Andritsoyiannis will resign as CFO and board member.
- Mr. Evangelos Chatzis will assume the role of Acting CFO.
- The board of directors will decrease in size from 8 to 7 members.
- No financial data or operational results are included in this specific filing.