And then there was one.
One, as in the number of private equity representatives remaining on the Genco Shipping & Trading board of directors.
Core backer Centerbridge Partners has finally taken its shareholding below the key 15% threshold that had allowed it to keep two seats on the board of the New York-listed shipowner.
And now Genco's chief executive, John Wobensmith, has for the first time joined as a board member, replacing departed...
