Tsakos Energy Navigation Limited (TEN) a Greece-based provider of international seaborne crude oil and petroleum product transportation services Friday announced the passing of D. John Stavropoulos, former Chairman of Tsakos Energy Navigation. Stavropoulos passed away in Athens on Tuesday at the age of 92.
Stavropoulos joined the Tsakos Group following a distinguished 33-year career at The First National Bank of Chicago and its parent, First Chicago Corp., where he served as Executive Vice President and Chief Credit Officer. Among the first in the U.S. to earn the Certified Financial Analyst designation, he was also appointed by former U.S. President George H.W. Bush to the Presidential Credit Standards Advisory Committee. Additionally, from 1962 to 1968, he taught economics and finance at Northwestern University and contributed to the EMEA Alumni Advisory Board of the Kellogg School of Management.
TEN's Founder & CEO, Dr. Nikolaos P. Tsakos, expressed deep sorrow at Stavropoulos' passing, emphasizing his profound influence on the company. He described Stavropoulos as both a mentor and a personal friend, whose keen judgment and business expertise played a crucial role in shaping TEN's future. Tsakos noted that his guidance and contributions would always be remembered and cherished.
Friday, TEN closed at $15.90, down 0.06%, and remained unchanged in after-hours trading on the NYSE.
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