The illuminated Motor Oil oil refineries at night
Company

Organizational Structure

Board of Directors & Executives

People
People
Chairman and Managing Director

Vardis J. Vardinoyannis

He was born in 1933. Following his graduation from the Greek Naval Academy, he served for a number of years in the Greek Naval Forces and was discharged with the rank of Rear-Admiral (Hon). He is one of the founders of Motor Oil and a member of the top management team since 1972. Apart from Motor Oil he has exploited a wide array of entrepreneurial endeavors in Greece and abroad.

Executive Vice Chairman

Yannis V. Vardinoyannis

He was born in 1962. He studied Economics in VASSAR COLLEGE. In 2005 he was appointed Vice Chairman of the Board a post he keeps until today.

Deputy Managing Director

Ioannis Kosmadakis

He was born in 1952 and holds a master’s degree in Chemical Engineering from the National Technical University of Athens. He has been working with the Company since 1978.

Deputy Managing Director and Chief Financial Officer

Petros Tzannetakis

He was born in 1955 and holds a Bachelor´ s degree in Economics from the University of Surrey (U.K) and a Master´ s Degree in European Union Economics from the University of Sussex (U.K). He has been working with the Company since 1986 and he also acts as Financial Advisor for the Vardinoyannis
Group of Companies.

Non-Executive BoD member

Demosthenes N. Vardinoyannis

He was born in 1968. He studied Business at Georgetown University. He is a Board member of several companies engaging in various sectors.

Non-executive BoD member

George Alexandrides

He was born in 1930 and studied Economics at the Athens Graduate School of Economics and Business Sciences (former ASOEE currently Athens University of Economics). He is one of the founding executives of Motor Oil, a member of the Board of Directors since the foundation of the Company and member of the Audit Committee.

Executive BoD member, General Manager of Human Resources

Theofanis Voutsaras

Born in 1963. He is a Boston College (USA) graduate and holder of a MSc in Industrial Relations & Personnel Management from London School of Economics (UK). He has a 20year experience at managerial posts in various sectors (banking, constructions, Professional Football). He has been working in Motor Oil since 2010 and was appointed executive BoD member in January 2011.

Executive BoD member, Refinery General Manager

Michael Stiakakis

He was born in 1955.  He holds a master’s degree in Mechanical-Electrical Engineering from the Polytechnic School of the Aristotle University of Thessaloniki. He has been working with the Company since 1982.

Non – executive BoD member

Niki Stoufi

Born in Athens in 1964. She is a Mechanical Engineer having graduated from Northeastern University (Boston, USA) and the Federal Polytechnic of Zurich (ETH) with specialization in Industrial Management. Since 1990 she has been holding various posts assuming duties relating to organization and business development issues. In addition, she is a substitute member of the Audit Committee of Motor Oil.

Non- executive – independent BoD member

Anastassios Triantaphyllidis

He was born in Athens in 1934. Following his graduation from the Greek Naval Academy in 1954, he served in the Greek Naval Forces and was discharged with the grade of Vice-Admiral in 1985. Since then he worked with companies active in the energy and petroleum sector.

Non- executive – independent BoD member

Antonios Theoharis

He was born in 1933. He has obtained a Master’s degree in Management from NWC (USA). He has held managerial posts in companies active in shipping and the mass media.

Non- executive – independent BoD member

Panayotis Constantaras

He was born in 1950. He is a graduate of the Athens Graduate School of Economics and Business Sciences (former ASOEE currently Athens University of Economics) and holds a Postgraduate Degree (M Sc.) from the London School of Economics (UK). From 1978 until 2011 he worked with Citibank Greece where for a series of years, he held the position of Managing Director of the Piraeus Shipping Unit of the Bank. He is member of Audit Committees of various companies including a credit institution. He is Chairman of the Audit Committee of Motor Oil.

General Manager Supply & Trading

Relina Kontoyiannis

Born in 1962 in South Africa. She studied Economics at the University of Athens and has been working in the company since 1983. She has held the position of the Crude and Products Marketing Manager for 30 years.

General Manager of Strategic Planning and Development

Victor Papaconstantinou

He was born in 1969. He holds a Degree in Chemical Engineering from the National Technical University of Athens and an MBA (Distinction) from Warwick Business School. He is a Fellow in the Association of Chartered Certified Accountants. Over a period of more than 20 years he has held a number of senior and top managerial positions in energy, industrial and consulting companies. He joined the Company in 2018.

Information Technology General Manager – Chief Information Officer

Nikos Giannakakis

He was born in 1971. He holds a Bachelor’s Degree (Faculty of Physics), a Postgraduate Degree (MSc) in Industrial Systems Administration, and is an Alumni of the International Institute for Management Development – IMD (Lausanne, Switzerland). He has an international 15year experience in Information Technology Executive positions with recognizable Multinational Organizations. He was included in the list of the top 100 Chief Information Officers for the year 2019.

Organizational Chart

Motor Oil organizational chart
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