In a statement the New York-quoted owner’s long-time finance chief noted he intends to pursue a career path that is “more in line” with previous endeavors.
“After five years at the company, I have decided to pursue a different career path more in line with my past experience,” he said.
“I truly appreciate my time at Paragon, and the strong cooperation we had with everyone involved with the company.”
Michael Bodouroglou, Paragon’s chief executive, praised Perri’s hard work, dedication and “many contributions” in recent years.
The operator pointed out that Bodouroglou will serve as interim finance chief during the search for a permanent replacement.
Industry observers tell TradeWinds that they were “quite surprised” when they first learned about Perri’s abrupt departure.
Perri is also leaving Box Ships. According to a statement, Bodouroglou will serve as interim finance chief of this company as well during the transition.
"We want to thank Mr. Perri for his hard work, dedication and contributions starting with the Initial Public Offering of the company through the most recent loan restructuring, and we wish him luck in his new career pursuits,” he added.
Market sources say Perri has lined up a position with an Athens-based investment bank but efforts to confirm this claim were not immediately successful at the time of writing Tuesday night.
Prior to Paragon and Box Ships Perri served as the vice president of finance at Atlas Maritime. Before that, the 41-year-old was a sell-side analyst with Zachs Investment Research, a spokesman told TradeWinds Tuesday evening.
At one point Perri also acted as an independent consultant who specialised in the structuring of start-ups, according to the bulker owner’s most recent annual report, which notes the industry veteran landed a job as an accountant at Merrill Lynch Asset Management after graduating Drexel University in 1995.
