This time last year, Peter Georgiopoulos sat as executive chairman of three public shipping companies he had founded or taken public in New York.
Today, he is down to one, and even his New York-based Gener8 Maritime is at the centre of merger-and-acquisition talk that could see it take a different form in the coming months.
Greece-based bunker supplier Aegean Marine Petroleum disclosed this week that Georgiopoulos and long-time right-hand man John Tavlarios had failed to win the support of a majority of shareholders for board re-election at the 8 June annual general meeting.