Ship owner Seaspan Corporation announced that Ryan Courson will take over as the company’s chief financial officer following David Spivak’s decision to leave the post in early May.
Spivak will continue as CFO until May 5 and will stay on as special advisor to the president and chief executive officer through the end of June.
Courson joined Seaspan in March 2018 as senior vice president of corporate development. Prior to joining Seaspan, he spent three years at Falcon Edge Capital, and before that worked at Teton Capital as an investment professional and acting CFO of Teton’s largest investment, Davos Brands. Courson began his career working at Berkshire Hathaway. He is fluent in Mandarin and graduated Summa Cum Laude from Washington University in St. Louis, where he currently serves as a visiting professor.
Spivak has been CFO at Seaspan since May 2016, prior to which he served as an advisor to Seaspan on various transactions including the company’s initial public offering in 2005. Under the terms of his employment agreement, Spivak is entitled to a separation payment upon the exercise of his voluntary termination right equal to approximately one year of total compensation and the value of all unvested stock based compensation.