After a joint decision by the Greek Ministries of Economy and Development, the position of the Chief Executive Officer of HELLENIC PETROLEUM was assigned to Mr. John Costopoulos, who held the position of Executive Member in the Board of Directors.
Mr. Costopoulos, an Economist and M.B.A. holder from the University of Chicago, U.S.A., started his career in 1979, and from 1982 until 1991 worked in executive positions abroad; after returning to Greece in 1991, he worked as a CEO in private organizations. From 2001 until 2003, he was CEO of PETROLA HELLAS SA and since 2003 has been a member of the Board of Directors and a Management Consultant to HELLENIC PETROLEUM S.A.Resigned CEO, Mr. Cavoulacos referred to the 3 main targets achieved during his term, namely the creation of an international competitive energy group in SE Europe, the implementation of strategies to develop the company’s portfolio of activities and the maximization of profits.
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