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John Wobensmith Goes to Genco, Continues Trend of Bankers to Owners

John Wobensmith, a former banker with First Bank of Maryland, has left American Marine Advisors to join Genco, the dry bulk company owned by OakTree and Peter G, as the company’s CFO. Wobensmith’s departure marks yet another shipping banker moving to the owning side – Evensen, Artnzen, Fagerstall, Pribor…and the list is growing. If there has been any one thing we’ve learned from this, it’s that former bankers make very tough negotiators when they move to the other side of the table.

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