Danaos Corporation Mourns the Passing of Former Board Member Robert Mundell
April 07 2021 - 7:26AM
Business Wire
Danaos Corporation (NYSE: DAC), one of the world’s largest
independent owners of containerships, is saddened to report the
passing of Robert A. Mundell, who served as an invaluable member of
Danaos’ Board of Directors from 2006, when the company went public,
through 2015.
From 1974 until his recent passing, Mr. Mundell was a professor
in the economics department at Columbia University in New York,
where he held Columbia’s highest academic rank of University
Professor. For much of his career in academia, he was
unconventional in his thinking and delighted in stepping “on a lot
of intellectual toes.” Known as the “father of the Euro,” Mr.
Mundell laid the groundwork for its introduction and also helped to
start the movement known as supply-side economics. He received the
Nobel Memorial Prize in Economics in 1999 for his pioneering work
in monetary dynamics and optimum currency areas. The Nobel
committee noted that Mr. Mundell “chose his problems with uncommon
– almost prophetic – accuracy in terms of predicting the future
development of international monetary arrangements and capital
markets.”
Mr. Mundell is survived by his wife Valerie, his children
Nicholas, Bill and Robyn and eight grandchildren. The members of
Danaos’ management team mourn his passing and extend their most
sincere condolences to his family.
About Danaos Corporation
Danaos Corporation is one of the largest independent owners of
modern, large-size containerships. Our current fleet of 65
containerships aggregating 403,793 TEUs, including five vessels
owned by Gemini Shipholdings Corporation, a joint venture, ranks
Danaos among the largest containership charter owners in the world
based on total TEU capacity. Our fleet is chartered to many of the
world's largest liner companies on fixed-rate charters. Our long
track record of success is predicated on our efficient and rigorous
operational standards and environmental controls. Danaos
Corporation's shares trade on the New York Stock Exchange under the
symbol "DAC".
Visit our website at www.danaos.com
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Company:
Evangelos Chatzis Chief Financial Officer Danaos
Corporation Athens, Greece Tel: +30 210 419 6480 E-Mail:
cfo@danaos.com
Iraklis Prokopakis Senior Vice President & Chief
Operating Officer Danaos Corporation Athens, Greece Tel. +30 210
419 6400 E-Mail: coo@danaos.com
Investor Relations and Financial Media:
Rose & Company New York Tel. 212-359-2228 E-Mail:
danaos@rosecoglobal.com
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