On September 20, 2021, Pangaea Logistics Solutions Ltd. reported that its Chairman and Chief Executive Officer, Ed Coll, is not able to perform his duties due to a sudden non-covid related illness and will be on medical leave. In Mr. Coll’s absence, the Board has appointed Mark Filanowski as interim Chief Executive Officer. Mr. Filanowski will also continue to serve in his capacity as Chief Operating Officer of the Company until Mr. Coll is able to return to his position as CEO and Chairman.