Danaos Corporation Announces Director Resignation

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Danaos Corporation (NYSE: DAC) announced that William Repko resigned from the board of directors effective October 13, 2025. The company said the resignation was not due to any dispute or disagreement with the company or its board.

The board retains a majority of independent directors and has not decided whether to change board size or fill the vacancy. Effective the same date, Charalampos Pampoukis was appointed to the board's Audit Committee to fill Repko's vacancy.

ATHENS, Greece, Oct. 13, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that William Repko has resigned from Danaos Corporation's board of directors, effective as of October 13, 2025. Mr. Repko's resignation was not the result of any dispute or disagreement with the Company or the Company's Board of Directors on any matter relating to the operations, policies or practices of the Company.

The Board of Directors remains with a majority of independent directors and has not yet made a determination as to altering the size of the Board or filling the vacancy.

Effective October 13, 2025, Mr. Charalampos Pampoukis has been appointed to the Audit Committee of the Board of Directors to fill the vacancy of William Repko.

About Danaos Corporation 

Danaos Corporation is one of the largest independent owners of modern, large-size container vessels. Our current fleet of 74 container vessels aggregating 471,477 TEUs and 18 under construction container vessels aggregating 148,564 TEUs ranks Danaos among the largest container vessels charter owners in the world based on total TEU capacity. Danaos has also recently invested in the dry bulk sector with the acquisition of 10 capesize drybulk vessels aggregating 1,760,861 DWT. Our container vessels fleet is chartered to many of the world's largest liner companies on fixed-rate charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC".

Visit our website at www.danaos.com

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SOURCE Danaos Corporation

FAQ

Who resigned from Danaos Corporation's board and when did it take effect (DAC)?

William Repko resigned from Danaos Corporation's board effective October 13, 2025.

Was William Repko's resignation from Danaos (DAC) due to a dispute with the company?

No. The company said the resignation was not the result of any dispute or disagreement with the company or its board.

Will Danaos (DAC) fill the board vacancy left by William Repko and has a decision been made?

The board has not yet made a determination about altering board size or filling the vacancy.

Who was appointed to Danaos's Audit Committee to fill William Repko's vacancy (DAC)?

Charalampos Pampoukis was appointed to the Audit Committee effective October 13, 2025 to fill the vacancy.

Does the Danaos board still have a majority of independent directors after the October 13, 2025 change (DAC)?

Yes. The company said the board remains with a majority of independent directors after the change.