EXECUTIVE COMMITTEE
Chairman
Dimitrios Papalexopoulos, CEO
Members
Efthymios Vidalis, Executive Member of the Board
Vasilios Zarkalis, Group Chief Financial Officer
Nellos Canellopoulos, Executive Member of the Board, Group External Relations Director
Michalis Colakidis, Senior Advisor Group Strategy
Sokratis Baltzis, General Manager Greece Region
Aris Papadopoulos, USA Region Director
Alexandra Papalexopoulou-Benopoulou, Executive Member of the Board, Group Strategic Planning Director
Michail Sigalas, Executive Member of the Board, SE Europe and Mediterranean Sector Director
The Company’s Articles of Association provide for an Executive Committee, today comprising of five executive members of the Board of Directors and three senior management executives, which is responsible for the supervision of the operation of the various departments and divisions of the Company, and for coordinating their activities. Any of the persons who have acted in the past as Chairman, Managing and Executive Director is entitled to participate in the activities of the Executive Committee.
Evaluation of the Board of Directors and its Committees in 2013
In 2013, the Company’s Board of Directors held seven (7) scheduled meetings on March 4, May 14, June 14, August 1, October7, November 12 and December 13 and an extra-ordinary February 15.
Below is a table showing which members attended these meetings of the Board of Directors and its Committees during 2013:
|
Six scheduled |
Audit Committee |
Nomination and Corporate Governance Committee |
Remuneration Committee |
| NAMES |
Board meetings |
Four meetings |
Three meetings |
One meeting |
| ANDREAS CANELLOPOULOS |
7/7 |
|
2/2 |
|
| TAKIS(EFSTRATIOS-GEORGIOS) ARAPOGLOU * |
7/7 |
|
2/2* |
|
| DIMITRIOS PAPALEXOPOULOS |
7/7 |
|
|
|
| EFTICHIOS VASILAKIS |
5/7 |
1/2 |
|
|
| EFTHYMIOS VIDALIS |
5/7 |
|
|
|
| GEORGE DAVID |
2/2 |
|
|
1/1 |
| SPYRIDON THEODOROPOULOS |
2/2 |
|
2/2 |
|
| VASSILIOS ZARKALIS |
5/5 |
|
|
|
| NELLOS CANELLOPOULOS |
7/7 |
|
|
|
| TAKIS-PANAGIOTIS CANELLOPOULOS |
7/7 |
|
|
|
| DOROS CONSTANTINOU |
5/5 |
2/2 |
|
|
| DOMNA MIRASYESI-BERNITSA |
5/5 |
|
|
|
| PANAGIOTIS MARINOPOULOS |
2/2 |
|
|
1/1 |
| ALEXANDRA PAPALEXOPOULOU-BENOPOULOU |
7/7 |
|
|
|
| PLOUTARCHOS SAKELLARIS |
5/5 |
2/2 |
|
|
| PETROS SABATACAKIS ** |
4/7 |
1/2** |
|
1/1** |
| MICHAIL SIGALAS |
6/7 |
|
|
|
| VASSILIOS FOURLIS |
6/7 |
3/4 |
|
|
* Participated through teleconference in two Board meetings and one meeting of the Nomination and Corporate Governance Committee.
**Participated through teleconference in one meeting of the Audit Committee and one meeting of the Remuneration Committee
The activities of the Board of Directors, Audit Committee, Remuneration Committee,
Nomination and Corporate Governance Committee during 2013 and the individual
contribution of each member of the Board of Directors was evaluated by the members
of the Board of Directors by filling out a special, detailed questionnaire which had been
prepared by the Company Secretary. The questionnaire was divided into 8 sections
(Leadership, Line-up-Effectiveness-Board operations, BoD Work-Responsibility, Financial
Information – Internal Audit Systems and Risk Management - Communication with
Shareholders, Remuneration, Committees’ Function, Members Attendance at the Board
Meetings and the Shareholders Meetings and Individual Evaluation of the Members).
Each member’s contribution is evaluated with a score, ranging from 1 to 4,
corresponding to poor, moderate, satisfactory and excellent contribution.
The questionnaires were filled out anonymously and sent to the Company Secretary.
The Nomination and Corporate Governance Committee presented the conclusions
drawn from the answers to these questionnaires to the Board of Directors and
submitted specific proposals on how to further improve the operations and
performance of the Board of Directors and its Committees.
Moreover, the Board’s independent members evaluated the Chairman’s performance
during a special meeting on 13/12/2013, without the presence of the Chairman or other
executive members.