Genco takes aim at Economou’s board pick

US-listed bulker owner Genco Shipping & Trading has hit back in its ongoing boardroom battle with Greek magnate George Economou saying his nominee to the Genco board has a history of declining shareholder value and underperformance. Economou, who, via his affiliated investment vehicles, holds about a 5.4% ownership stake in Genco, filed a proxy to …

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