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 and Chief Operating Officer

Iraklis Prokopakis is our Senior Vice President, Chief Operating Officer and a member of the Board of Directors. Mr. Prokopakis joined us in 1998 and has over 30 years of experience in the shipping industry. Prior to entering the shipping industry, Iraklis was a captain in the Hellenic Navy. He holds a Bachelor of Science in Mechanical Engineering from Portsmouth University, UK, a Master's degree in Naval Architecture and a Ship Risk Management diploma from the Massachusetts Institute of Technology, USA, as well as a post-graduate diploma in business studies from the London School of Economics. Additionally, he holds a Certificate in Operational Audit of Banks from the Management Center Europe in Brussels and a Safety Risk Management Certificate from Det Norske Veritas.

Dimitri J. Andritsoyiannis
Vice-President and Chief Financial Officer

Dimitri Andritsoyiannis is our Vice President, Chief Financial Officer and a member of the Board of Directors. Mr. Andritsoyiannis has over 15 years of experience in finance and banking. Prior to joining us, Dimitri served as director of investment banking and as a member of the board of Alpha Finance, the investment banking arm of ALPHA BANK. During his years with Alpha Finance, he led a variety of financings, mergers and acquisitions, restructurings, privatizations and public offerings both in Greece and abroad. He holds a degree in Economics and Political Science from the Economic University of Athens, an MBA in finance from Columbia University, as well as a post-graduate diploma in Ship Risk Management from the Massachusetts Institute of Technology.