Costa Tsoutsoplides
Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (Nasdaq: EGLE) has introduced that Frank De Costanzo will step down as chief monetary officer (CFO), after which function a particular advisor to the board by means of the top of 2023. He will probably be succeed as CFO by Costa Tsoutsoplides, who at the moment serves as Eagle’s chief technique officer. The transition will probably be efficient April 1, 2023.
“On behalf of our board and the Eagle team, I would like to thank Frank for his significant contributions to the development and success of our business over the past six years. As CFO, Frank has led the transformational improvements in our capital structure which have created significant shareholder value, while building out strong Finance and IT teams,” mentioned Eagle’s CEO, Gary Vogel. “Furthermore, I am excited that we are able to promote Costa to become Eagle’s next CFO. He has a proven history of delivering results that have generated considerable value for our organization over the years. Given the strength of our finance group, along with Frank’s advisory role, we expect a seamless and effective transition.”
Tsoutsoplides has been with the corporate since 2010, holding varied positions of accelerating accountability inside the finance and company growth features. Prior to Eagle, he spent a complete of eight years at Citigroup. He holds an MBA in finance from New York University’s Stern School of Business, a BA in economics from Boston University, and is a CFA constitution holder.
