business
Egan-Jones Backs Genco Incumbent Board Nominees Against Diana Shipping's Takeover Push
Proxy advisory firm Egan-Jones advised Genco Shipping & Trading Limited shareholders to support the company's six nominees at the 2026 Annual Meeting.
Jun 5, 5:39 PM·1m read1 source
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Egan-Jones recommended that shareholders of Genco Shipping & Trading Limited vote for all six company nominees on the white proxy card at the 2026 Annual Meeting. The advisory firm issued the recommendation from New York on June 5, 2026, through PRNewswire.
The nominees named in the recommendation are Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan, and John C. Wobensmith. 8 percent of the company. Diana Shipping is seeking to acquire Genco through a tender offer and to replace the full board with its own slate.
Egan-Jones issued its recommendation in response to that contest.
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