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Paragon Shipping appoints new CFO

Paragon Shipping appoints new CFO

CALIFORNIA: Nikolas Arachovas has joined NASDAQ-listed Paragon Shipping as its new chief financial officer (CFO) with immediate effect.
Arachovas was previously the financial advisor of Allseas Marine, Paragon’s technical and commercial manager, which he joined in February 2015.
He has worked within the shipping industry for eight years, before which Arachovas worked for companies such as Coca-Cola HBC, Deloitte and S&B Industrial Minerals.
“Nikolas has been supporting us since February by providing valuable financial advice. We believe that his business understanding, his financial background, as well as his capital markets experience will be valuable assets to our company,” Michael Bodouroglou (pictured), chairman, president and CEO of Paragon, commented in a statement.