Aegean Marine Petroleum Network Inc. Appoints Pavlos Papageorgiou as Chief Financial Officer

NEW YORK, April 17, 2018 (GLOBE NEWSWIRE) — Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or “the Company”), a leading international marine fuel logistics company, today announced that Pavlos Papageorgiou has been appointed Chief Financial Officer, effective immediately. Mr. Papageorgiou succeeds Spyros Gianniotis, who will continue to act as an independent consultant to the Company to help ensure a seamless transition of financial and operational responsibilities.

Yiannis Papanicolaou, Aegean’s Chairman of the Board, commented, “We are pleased to welcome Pavlos as Chief Financial Officer of Aegean. Pavlos brings more than twenty years of extensive senior leadership experience across global marine transportation, business development and financial services. We are confident Pavlos’ significant industry knowledge positions him to hit the ground running and support our ongoing efforts to drive growth, profitability and value for all Aegean stakeholders.”

Mr. Papageorgiou added, “I am very excited to join the team at Aegean and look forward to helping management deliver on the Company’s great potential.”

About Pavlos Papageorgiou

Mr. Papageorgiou has more than twenty years of experience in the financial services sector and most recently served as Senior Advisor at Seacor Holdings (NYSE:CKH) where he worked with the executive management team in executing corporate opportunities. While at Seacor, Pavlos held a number of management roles including Chief Financial Officer of Seacor Marine Holdings LLC (SMH), the company’s largest operating division that services the offshore oil and gas exploration, development, and production industry worldwide. In addition to his responsibilities as CFO of SMH, Mr. Papageorgiou also helped advise management on strategy and mergers and acquisitions (M&A) activities including deal assessment, structuring and analysis, as well as capital markets.

Prior to his positions at Seacor, Mr. Papageorgiou held various roles of increasing seniority at Morgan Stanley having served as Head of Principal M&A Execution, responsible for major strategic initiatives including deal sourcing, and executing acquisitions. More recently, Pavlos served as Assistant Treasurer and Global Head of Liquidity Planning and Coverage at Morgan Stanley where he led the firm’s Global Liquidity Risk Management Framework, including Contingency Funding Plan (CFP), governance, escalation and mitigating actions. Pavlos began his career in the Investment Banking department at Merrill Lynch where he specialized in Telecommunications M&A. Mr. Papageorgiou received a M.Sc. in International Finance from The Grammenos Centre for Shipping, Trade and Finance at City University of London’s Cass Business School and a B.S. in International Economics from Georgetown University’s School of Foreign Service.

About Aegean Marine Petroleum Network Inc.

Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The Company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Currently, Aegean has a global presence in more than 30 markets and a team of professionals ready to serve its customers wherever they are around the globe. For additional information please visit: www.ampni.com.

Source: Aegean Marine Petroleum Network Inc.