Thursday,
November 14th, 2002
Pierre Hotel, New York City
Dennis
Malamatinas
Co-Chief Executive Officer
Marfin Bank
Career Summary:
September
2000-November 2001: Founding CEO of Priceline.com Europe & as of Nov.
2001 Chairman.
Started the operations from scratch with the objective to build Europe's leading
e-commerce brand with aggressive revenue and profit growth targets. Built
a strong management team, the web site, developed and implemented the business/marketing
strategy and, secured all the key suppliers. After a year, we had 120k customers,
15k visits/day with a highest offer to visit ratio in the industry and Priceline
became one of the top three Internet (travel) brands in terms of awareness
in 2000.
March
1997-July 2000: CEO Burger King Corporation & Diageo plc Director.
The Burger King system operates 11,500 restaurants in 56 countries with $11.5
billion sales and 300,000 employees. An aggressive international expansion
strategy was developed and implemented with excellent results. The international
division in 2000 contributed 16% of Burger King Corporation's operating profit
compared to a loss in 1996. A major global re-imaging initiative and kitchen
re-design was developed and is being rolled out globally. Served as one of
the five founding Board members of President Clinton's welfare to work reform
initiative.
June
1995-March 1997: Grand Metropolitan plc - President, IDV Ltd. (world's largest
alcoholic beverage company) Asia Pacific & Member of the Board.
In charge of the Asia Pacific region and reported to Chairman and CEO. Promoted
in May '95 to this position after a successful turnaround of the company's
biggest global brand Smirnoff and the successful development of the IDV business
in the Former Soviet Union and Poland.
October
1991-May 1995: Grand Metropolitan plc - President and CEO,
The Pierre Smirnoff Company.
Responsible for Smirnoff worldwide. Smirnoff is the world's largest selling
vodka and one of Grand Met's (now Diageo) most important brands. Developed
and implemented a successful global strategy. Within a declining industry,
Smirnoff has been registering strong volume/profit growth. Launched an award
winning (Gold Lion - Cannes '93) global advertising campaign - "Pure
Thrill."
1989-1991:
Grand Metropolitan plc - President & CEO, Metaxa Distillers S.A.
Head of the Metaxa business worldwide and responsible for the Grand Met Drinks
business in Greece, where Metaxa was the leading spirits company.
1987-1989:
PepsiCo Inc. - President & CEO of Pepsi-Cola Italia.
Responsible for the Pepsi Cola business in Italy. Developed and implemented
a strategic plan for Italy (one of the world's most important soft drinks
markets and one of the top European priorities for PepsiCo) with strong distribution,
volume and share gains. Key elements of the plan were: refranchising, restructuring/upgrading
the PepsiCo organization and the first heavy marketing investment behind the
key brands, Pepsi and 7-up.
1986-1987:
PepsiCo Inc. - Area Vice President, Mid-East Region.
The Mid-East region is the most important international profit center for
Pepsi-Cola Int. Based in the Middle East HQ (Nicosia, Cyprus), reposting to
the Regional President.
1979-1986:
The Procter & Gamble Inc.
Held various Brand/General management positions in France, Switzerland and
the U.K. Worked on key brands such as Pampers, Crest, Ariel, Tide, Head &
Shoulders, and Camay.
2000- to date: Reuters plc - Member of the Board.
Education:
1977-1979:
University of Chicago, Graduate School of Business - MBA Degree.
Concentration on International Business and Economics. Worked as Summer Associate
(1978) with Credit Suisse-First Boston in the Corporate Finance Department.
1973-1977:
Roosevelt University, Chicago, Illinois - BS Degree.
Major in Economics, graduated with honors. Dean's list all four years and
full academic scholarship. President of the student government. Received first
ever outstanding student leadership award.
Personal:
Born: 4/4/55. Languages: English, Greek, Italian, French, some Spanish and Dutch. Married, two children, ages 19 and 16. Hobbies: skiing, tennis, basketball and Martial Arts (black belt).
