SENIOR MANAGEMENT OF DANAOS CORPORATION

Dr. John Coustas
President & CEO

Dr. John Coustas is our President, Chief Executive Officer and a member of the Board of Directors. Dr. Coustas has over 25 years of experience in the shipping industry and assumed management of our company in 1987 from his father, Dimitris Coustas, who founded Danaos Shipping in 1972. John is also a member of the board of directors of Danaos Management Consultants and The Swedish Club. Additionally, he is on the board of directors of both the Union of Greek Ship-owners and the Cyprus Union of Ship-owners. He holds a degree in Marine Engineering from National Technical University of Athens as well as a Master's degree in Computer Science and a PhD in Computer Controls from Imperial College, London.

Iraklis Prokopakis
Senior Vice-President, Treasurer and Chief Operating Officer

Iraklis Prokopakis is our Senior Vice President, Treasurer, Chief Operating Officer and a member of our board of directors. Mr. Prokopakis joined us in 1998 and until then he was the Managing Director of the shipping branch of Mamidakis Group of Companies. He has over 30 years of experience in the shipping industry. Prior to entering the shipping industry, Mr. Prokopakis was an Officer (Engineer) in the Hellenic Navy. He holds a Bachelor of Science in Mechanical Engineering from Portsmouth University in the United Kingdom, a Master’s degree in Naval Architecture and a Ship Risk Management Diploma from the Massachusetts Institute of Technology in the United States and a post-graduate diploma in business studies from the London School of Economics. Mr. Prokopakis also has a Certificate in Operational Audit of Banks from the Management Center Europe in Brussels and a Safety Risk Management Certificate from Det Norske Veritas.

Evangelos Chatzis
Chief Financial Officer

Evangelos Chatzis is our Chief Financial Officer and Secretary. Mr. Chatzis joined us in 2005 and has over 16 years of experience in corporate finance and the shipping industry. Prior to joining us, Mr. Chatzis was Chief Financial Officer of Globe Group of Companies, a public company in Greece engaged in a diverse scope of activities including dry bulk shipping, the textile industry, food production & distribution and real estate. Throughout his career he has developed considerable experience in operations, finance, treasury management, risk management and international business structuring. Mr. Chatzis holds a Bachelor of Science degree in Economics from the London School of Economics, a Master’s of Science degree in Shipping Trade & Finance from City University Cass Business School, as well as a post-graduate diploma in Shipping Risk Management from IMD Business School.