Stamatis Molaris is the principal of Empire Group of Companies that provide management services to dry bulk carriers and tankers, 36 ships at the moment. Mr Molaris has also served as Alma’s Maritime Chief Executive Officer and Chairman since its formation in May 2008. From 2005 until April 2008, Mr Molaris served as Quintana Maritime Limited’s Chief Executive Officer and President and a member of its Board of Directors, as well as subsequently serving as Chief Executive Officer and a director of Excel Maritime Carriers Ltd, a NYSE-listed drybulk company, in April 2008 after it acquired Quintana Maritime Limited. Previously, Mr Molaris served as Chief Financial Officer and a director of Stelmar Shipping Ltd from August 1993 until January 2005. Prior to that, Mr Molaris served as an audit manager for Arthur Andersen.

Mr Molaris obtained an undergraduate degree in Business Administration and Economics from Richmond College in London and a post-graduate degree in Finance from Strathclyde University of Glasgow.