Liam Burke

Charles 'Poe' Fratt

Climent Molins

Michael Matheson

Charles Fratt

C.K. Poe Fratt

- Pangaea Logistics Solutions Ltd. announced on **September 17, 2025**, that **Mark Filanowski** will retire as Chief Executive Officer and step down from the Board of Directors, effective **January 1, 2026**, after eleven years with the company.  **[1606909_0001606909-25-000154_pressreleasedatedseptember.htm:0]** **[1606909_0001606909-25-000154_panl-20250917.htm:1]** 
- **Mads Petersen**, the current Chief Operating Officer, has been appointed to succeed Mr. Filanowski as President and Chief Executive Officer, effective **January 1, 2026**.  **[1606909_0001606909-25-000154_pressreleasedatedseptember.htm:0]** **[1606909_0001606909-25-000154_panl-20250917.htm:1]** 
- Mr. Petersen, who has been with Pangaea for **16 years** and served as Chief Operating Officer since **2022**, will also join the company's Board of Directors on **January 1, 2026**.  **[1606909_0001606909-25-000154_pressreleasedatedseptember.htm:0]** **[1606909_0001606909-25-000154_panl-20250917.htm:1]**

Pangaea Logistics Solutions (PANL)