Star Bulk Announces Changes to Its Board of Directors

Star Bulk Carriers Corp. yesterday announced the appointment of Mr. Brian Laibow to its Board of Directors (“Board”) as Class B Director and to the Company’s Nomination and Corporate Governance Committee (the “Committee”).

Mr. Laibow fills the seat made vacant by the resignation of Ms. Emily Stephens who had been a director of the Company and member of its Committee since November 2018. Additionally, the Company announced that funds managed by Oaktree Capital Management, L.P. (“Oaktree”) exercised the right to designate an additional director to the Company’s Board under the Oaktree Shareholders Agreement of July 2014.

Oaktree nominated Ms. Dawna Men as its third Board member designee, who will also be a Class B director. Mr. Laibow and Ms. Men are employed by Oaktree. The Board of Directors is now comprised of ten directors.