Performance Shipping Inc. Announces Results of 2023 Annual General Meeting of Shareholders
Performance Shipping Inc. (NASDAQ: PSHG) held its Annual General Meeting of Shareholders on February 22, 2023, in Athens, Greece.
Sentiment and the balance of points
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Rhea-AI Summary
Performance Shipping Inc. (NASDAQ: PSHG) held its Annual General Meeting of Shareholders on February 22, 2023, in Athens, Greece. The meeting, overseen by Broadridge Financial Solutions, Inc., resulted in the approval of two key proposals: the election of Andreas Michalopoulos and Loïsa Ranunkel as Class I directors, whose terms will last until the 2026 annual meeting, and the appointment of Ernst & Young (Hellas) as the independent auditors for the fiscal year ending December 31, 2023.
This meeting reinforces Performance Shipping's commitment to transparency and effective governance as it continues to operate in the global shipping industry.
Positive
- Election of new Class I directors, ensuring fresh leadership through 2026.
- Appointment of Ernst & Young as independent auditors, supporting enhanced financial transparency.
Negative
- None.
Details
News Market Reaction – PSHG
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ATHENS, Greece, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that the Company’s Annual General Meeting of Shareholders (the “Meeting”) was duly held on February 22, 2023, in Athens, Greece, pursuant to a Notice of Annual Meeting of Shareholders dated January 24, 2023. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.
At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around January 24, 2023, was approved and adopted:
(1) The election of Andreas Michalopoulos and Loïsa Ranunkel, each as a Class I director, whose term will expire at the Company’s 2026 annual meeting of shareholders; and
(2) The appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Company's independent auditors for the fiscal year ending December 31, 2023.
About the Company
Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels. The Company employs its fleet on spot voyages, through pool arrangements and on time charters.
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