MOTOR OIL (HELLAS) S.A. (the “Company”) announces the hiring of Mr. Efstratios Patsatzis as the Company's General Manager of Finance and the appointment of Mr. Dimitrios Kontaxis in the position of the General Manager of the Circular Economy sector.

Mr. Efstratios Patsatzis (1982) holds a Bachelor's degree in Business Administration from the University of Derby (United Kingdom), a postgraduate degree (major: Accounting and Finance) from the Athens University of Economics and Business, and an MBA from the University of Kentucky (USA). In addition, he has completed the Strategic Leadership program at INSEAD. During his 16-year professional career, prior to his employment with MOTOR OIL, he served as a senior financial and administrative executive in well-known companies, both in Greece and abroad, engaging in various business sectors including the steel industry, construction, shipping, IT and tourism.

Mr. Dimitrios Kontaxis (1967) has been working since 1998 for various companies of the MOTOR OIL (HELLAS) S.A. Group having served as Managing Director of the subsidiary LPC SINGLE MEMBER S.A. and as General Manager of the subsidiary AVIN OIL SINGLE MEMBER S.A. whilst he joined the Company in July 2022. He has accumulated solid professional experience and knowhow in the fields of the Environment, waste management, recycling and Circular Economy. He is Vice President of the Hellenic Petroleum Marketing Companies Association (SEEPE). Mr. Kontaxis has Degrees in Chemical Engineering and in Economics from the University of Massachusetts at Amherst.

Mr. Emmanouel Christeas, until recently the Company's General Manager of Finance, is taking over the position of Finance Manager of the Circular Economy sector.  

Maroussi, 21 November 2024

The Board of Directors