Performance Shipping Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Andreas Michalopoulos

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.6yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO

Andreas Michalopoulos (53 yo)

4.6yrs

Tenure

Mr. Andreas Nikolaos Michalopoulos has been the Chief Executive Officer of Performance Shipping Inc. since October 2020 and serves as its Managing Director. He served as the Chief Financial Officer and Tre...

Board Members

Name	Position	Tenure	Compensation	Ownership
Andreas Michalopoulos	MD, CEO	4.6yrs	no data	no data
Alexander Papageorgiou	Independent Non-Executive Director	2.6yrs	no data	no data
Mihalis Boutaris	Independent Non-Executive Director	2.6yrs	no data	no data
Aliki Paliou	Chairperson	4.6yrs	no data	no data
Loïsa Ranunkel	Independent Non-Executive Director	2.6yrs	no data	no data

2.6yrs

Average Tenure

49yo

Average Age

Experienced Board: DS2's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Performance Shipping Management

Management criteria checks 0/4

Key information

Recent management updates

Performance Shipping Inc., Annual General Meeting, Feb 22, 2023

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Performance Shipping Inc. Approves Board Appointments

Recent updates

Second quarter 2024 earnings released: EPS: US$0.79 (vs US$1.53 in 2Q 2023)

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: US$0.89 (vs US$0.68 in 1Q 2023)

New minor risk - Share price stability

Full year 2023 earnings released: EPS: US$5.43 (vs US$6.49 in FY 2022)

New major risk - Revenue and earnings growth

Sphinx Investment Corp. made a tender offer to acquire Performance Shipping Inc. (NasdaqCM:PSHG) for $34.3 million.

Performance Shipping Inc. (NasdaqCM:PSHG) announces an Equity Buyback for $2 million worth of its shares.

Performance Shipping Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$1.53 (vs US$10.51 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.68 (vs US$51.46 loss in 1Q 2022)

Full year 2022 earnings released: EPS: US$8.97 (vs US$30.16 loss in FY 2021)

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 15%

Performance Shipping Inc., Annual General Meeting, Feb 22, 2023

Investor sentiment improved over the past week

Performance Shipping Regains Compliance with Nasdaq Minimum Bid Price Requirement

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$7.40 (vs US$6.43 loss in 3Q 2021)

High number of new and inexperienced directors

Second quarter 2022 earnings released: EPS: US$4.37 (vs US$0.53 loss in 2Q 2021)

Performance Shipping Inc. Announces Receipt of Nasdaq Notice

First quarter 2022 earnings released: US$3.43 loss per share (vs US$0.57 loss in 1Q 2021)

High number of new and inexperienced directors

High number of new and inexperienced directors

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

High number of new and inexperienced directors

Performance Shipping Inc. Approves Board Appointments

Third quarter 2021 earnings released: US$0.43 loss per share (vs US$0.079 profit in 3Q 2020)

Second quarter 2021 earnings released: US$0.53 loss per share (vs US$0.94 profit in 2Q 2020)

Second quarter 2021 earnings released: US$0.53 loss per share (vs US$0.94 profit in 2Q 2020)

Second quarter 2021 earnings released: US$0.53 loss per share (vs US$0.94 profit in 2Q 2020)

First quarter 2021 earnings released: US$0.57 loss per share (vs US$0.59 profit in 1Q 2020)

New 90-day high: €5.35

Performance Shipping Inc., Annual General Meeting, Feb 25, 2021

Third quarter 2020 earnings released: EPS US$0.079

Performance Shipping Regains Compliance with Nasdaq Minimum Bid Price Requirement

New 90-day low: €0.35

Performance Shipping Inc. Appoints Anthony Argyropoulos to the Position of Chief Financial Officer

New 90-day low: €0.44

New 90-day low - €0.45

New 90-day low - €0.47

CEO

Tenure

Board Members

Average Tenure

Average Age