Elvictor Group, Inc. announced the on July 7 2020 Board of Directors received the formal resignation of Mr. Panagiotis Lazaretos from all appointments to the Board of Directors and as an officer of the Company and the resignation of Mr. Christodoulos Tzoutzakis from his position on the Board of Directors. The Board of Directors for the Company appointed the following individuals to the Board of Directors of the Company: Lampros Theodorou, Lampros Chachalis, Georgios Xiradakis, and Theodoros Nikolopoulos. Lampros Theodorou has 38 years of experience in the banking sector He has held executive positions in various banks in Athens, Greece. From 2016 to 2019 Lampros Theodorou served as a non-executive Director in the Board of Directors of Navios Maritime Partners LLP (NASDAQ) and as a member of the Audit, Conflicts and Compensation committees. Georgios Xiradakis has more than 35 years of experience in the marine and maritime fields with specialisation in shipping finance and marine policy. Georgios Xiradakis was a member of the Board of Directors of DryShips Inc. from 2008 to 2015, Aries Maritime SA from 2008 to 2009 and Paragon Shipping Inc. from 2009 till 2020. Theodoros Nikolopoulos has 20 years of experience in the finance sector, with 14 of those in managerial positions. In 2017, Theodoros Nikolopoulos joined SRH Marine SAIT as the Group's CFO, rising in 2020 to the position of
Managing Director (MD) of the Group.
Elvictor Group, Inc. is a technology driven crew management company. The Company is focused on developing, deploying, and converging technologies that enhances vessel and crew management performance. Crewing and Crew Management Services provide services that cover all the types of crew management activities. These activities include the sourcing and preliminary screening of seafarers, the matching of crew members with ship owning companies, and submission of employment proposals to them. Ship Management Services include the technical and financial fleet management, the crew management and procurement process, as well as compliance with quality and safety standards. The crew management services include licensing, developing, and acquiring various technologies, platforms, and other artificial intelligence and data intelligence applications. The crew management cloud ecosystem includes SEATRIX, which is a software specializing in developing custom cloud maritime applications.