Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 3, 2026, Richard T. du Moulin, Chair of the Board of Directors (the “Board”) of Pangaea Logistics Solutions Ltd. (the “Company”), notified the Board of his decision to retire from the Board effective December 31, 2026. Mr.…
Filed Nov 9, 2026Accepted Nov 9, 2026, 4:37 PM ESTCIK 1606909Accession 0001628280-26-072272
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 3, 2026, Richard T. du Moulin, Chair of the Board of Directors (the “Board”) of Pangaea Logistics Solutions Ltd. (the “Company”), notified the Board of his decision to retire from the Board effective December 31, 2026.
Mr. du Moulin has served as a director on the Board since Pangaea’s IPO in 2014 but his affiliation with the Company dates back more than 25 years. Claus Boggild, one of the Company’s founders and Lead Independent Director stated “It has been a privilege and a pleasure to benefit from Mr. du Moulin’s vast knowledge, forethought and integrity throughout this time. He will be missed."
The Board greatly appreciates Mr. du Moulin’s many contributions to the Company during his tenure on the Board and wishes him the very best in retirement.