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Sir Stelios Haji-Ioannou

Sir Stelios Haji-Ioannou 

French Version
updated 7th of  February, 2018 

Stelios is best known for creating  easyJet in 1995 when he was just 28 years old. This pan-European low cost airline, headquartered in London,  has revolutionised European air travel over the last two decades and it is now  flying over 75 million passengers per year across 31 countries with a fleet of more than 260 aircraft. In 2000 Stelios floated easyJet on the London Stock Exchange in order to fund growth but  he and his family have always remained the largest shareholders with a c 33% stake. As easyJet PLC became one of the biggest UK companies by market value, Stelios successfully campaigned to set a dividend policy that now distributes half of annual profits by way of dividends to all shareholders. For more information see www.easyJet.com 

The easy business : Another strategic decision made during  the IPO process was that Stelios decided to retain  ownership of the ‘easy’ brand, (including easyJet) in his private investment vehicle,  easyGroup, based in Monaco and London. As a result easyGroup now enjoys a steady and predictable income from licensing the easy brand to many businesses including the airline in return for a royalty based on their turnover (not profits). The easy brand has been extended and licensed to many other sectors - all dedicated to offering consumers more value for less. These include: easyHotel, which was also floated on the London Stock Exchange in 2014, easyBuseasyCareasyVaneasyPropertyeasyOffice , easyFoodstoreeasyCoffeeeasyGym and many many more, all of  which contribute to easyGroup’s royalty income stream. Stelios continues to look for carefully selected partners with whom to  extend the brand further. easyGroup now owns more than 1000 registered trademarks within the easy family of brands all over the world and takes its protection from unauthorised use very seriously. For more information see www.easy.com

Charity: Stelios started giving back to society more than 10 years ago, and now runs the Stelios Philanthropic Foundation which takes up about a third of his time. The mission statement of his Foundation is to support philanthropic activities primarily in  places where the founder has lived and worked : the UK, Greece, Cyprus and Monaco. The Foundation gives support in four main ways : scholarships, supporting entrepreneurship with cash prizes, donating money to environmental and other charities in the areas of focus and  operating a programme in Greece and Cyprus called “Food from the heart”. This innovative project offers, each working day, without discrimination, snacks to people in need who register at the various distribution points. This is a cost effective way to help a large number of people in extreme poverty by giving enough food to live another day, on a regular basis. So far approximately 86,000 people have registered to receive “Food from the heart” & about 12 million snacks have been distributed since 2013. Another noteworthy project over the last 9 years is offering cash awards to Greek Cypriots and Turkish Cypriots who cooperate on the island of Cyprus in order to promote lasting peace on this divided island. Stelios as of today joins the group of philanthropists led by Bill Gates and Warren Buffet who pledge to give the majority of their wealth to charity.This group of individuals called www.givingpledge.org  which was started in 2010 now has 168 signatories from 21 countries. Stelios is the first Greek/Cypriot & the first resident of Monaco to join this group. For clarity, each individual  philanthropist choses how to spend their own wealth in a charitable manner and Stelios will donate half his wealth to his own foundation. The giving pledge does not receive any money from the signatories. The long terms objective of the Stelios foundation is to carry on with the existing projects known to the people who live in the UK, Greece, Cyprus and Monaco in perpetuity using the benefit of this donation. For more information see www.stelios.org

Family background: Stelios, born in Athens, Greece  on the 14th of  February 1967, is the second son of Loucas Haji-Ioannou ( deceased in 2008)  and his wife Nedi (nee Missirlis). Stelios has an older brother Polys and a younger sister Clelia.  Loucas was  a self-made shipping magnate born in Cyprus. Stelios started his career working for his father’s shipping company until the age of 25 when he created his first own venture Stelmar Shipping based in Athens. Stelmar was floated on the New York Stock Exchange in 2001 and subsequently sold to a rival in 2005 for four times the initial share price at about US$1.3bn. That was the last time Stelios had an active role in shipping, parting with the family tradition that has many other Haji-Ioannou family members actively involved in that activity.

Real estate: As Stelios now lives between the Principality of Monaco and the island of St Barthelemy (aka St Barts)  in the French Caribbean, he has invested over the last decade in a substantial real estate portfolio in these two locations.  Most of these properties are rented out to produce a steady return.  

Honours: In 2006, at the age of 39, Stelios received a knighthood from HM Queen Elizabeth II for services to entrepreneurship. Since 2009 he has been the Honorary General Consul for the Republic of Cyprus in the Principality of Monaco where he lives. He is a graduate of the London School of Economics and has a masters degree from the City University in London. Moreover he was awarded four honorary doctorate degrees from City University, as well as from Grandfield, Liverpool John Moores, and Northumbria (Newcastle)  Universities  in the UK.  

Hobbies : Stelios enjoys sailing and he owns two classic sailing yachts, one based in Monaco and the other in  St Barts . He is an active member of the Monaco Yacht Club and in 2016 he created the Gustavia Yacht Club in St Barts, a not for profit association of members, and he is  the first Commodore of the Club.

End 


 

Nikos Mourkogiannis

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(updated 19th of January 2018)

Nikos is a business consultant, lawyer and writer. He is Member of the Board of the Stelios Philanthropic Foundation and Honorary Visiting Professor of Practice at Cass Business School. He is known as the author of the book "Purpose: The Starting Point of Great Companies", which is taught in universities and is considered an important asset for all businesses. It is a book about leadership and business strategy, in which there is a full analysis of the four primary business purposes: Discovery, Helping, Achievement, and Heroism. During his presidency of the Greek National Opera, the application of a restructuring program and the reorganization of GNO's financial situation, saved the organization's operation, leading to its continuous progress until today with great success.


 

Marios Eliades

 

French Version

A practising lawyer for more than 35 years based in Nicosia Cyprus  and since 2015 a legal consultant with M. Eliades & Partners LLC. Marios studied law and Economics at the University of Athens. He also qualified as a Barrister-at-Law from Gray’s Inn London. He pursued post graduate studies in management and economic development at INSEAD and John F. Kennedy School of Government at Harvard University. Besides his professional career Marios has had a long presence in the public life of Cyprus. He served inter alia as Minister of Communications & Public Works of the Republic, Chairman of the Board of Directors the Cyprus Broadcasting Corporation, Vice Chairman of the Board of Trustees University of Cyprus, Chairman Law Division Geneva Group International. Marios is currently serving as a non-executive director in a small number of public and private companies in Cyprus and abroad.


 

David Watson

David Watson
 

David comes to the Stelios Philanthropic Foundation from Athens, Greece where he has been based for the majority of his professional career in commercial and institutional banking (primarily with Citibank) spanning nearly 4 decades, most recently serving as Managing Director of Piraeus Bank followed by Advisor to the EFG Eurobank Ergasias in Athens. Retired in 2005, David serves on three company boards as non-executive director including easyGroup Holdings, EFG Eurobank and J&P Avax in Athens. As an 'adopted' Greek - David holds both US and Greek citizenships and is fluent in both languages - David also earned an MBA from Northeastern University in Massachussetts, USA and a BA from Miami College in Ohio, USA. David brings considerable experience from his many years living and working in Greece to bear on the Foundation's activities and infuses the quarterly meetings of the Conseil d'Administration with a Midwestern wit and a Mediterranean sensibility.


 

Donald Manasse

 

A practicing lawyer and prolific author of legal text, Donald has been based in Nice and Monaco for over 2 decades. Born in Italy, Donald was schooled in the US (Transylvania College and the University of Missouri), ultimately receiving his Juris Doctor from New York Law School. Since then, he has been admitted to a number of Bar Associations including New York and Connecticut in the US and Nice, France. Donald has also been admitted to the US Court of International Trade, the US Court of Appeals for the Federal Circuit Court, the US Tax Court and the US Supreme Court. He served as a member of the Jury for the 31st America's Cup and has also been nominated a Chevalier de l'Ordre de St. Charles in the Principality of Monaco. Tri-lingual, dual nationality and multi-cultural, Donald brings a wealth of perspective and experience along with considerable savoir-faire to the activities of the Foundation.


 

Jean-Claude Eude

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(Updated on the 23rd of January 2018)
A graduate of Harvard Business School, the University of Pittsburgh and the Institut d'Etudes Politiques, Jean-Claude has had a long and meaningful career in the public finance sector - initially as an economist at the IMF, subsequently as an advisor to a member of the European Commission in Brussels and later became Controller of the Inter-American Development Bank in Washington DC. More recently, Jean-Claude has been based in Monaco, serving first as Director of the Compagnie Monegasque de Banque and later as the Managing Director of the Monaco Bankers' Association. Post-retirement, Jean-Claude serves as a non-executive director of easyGroup Holdings, is accredited since 2008 as Honorary Consul of the Republic of Latvia in the Principality of Monaco and is also a trustee of the Institute of American Universities ( IAU ) in Aix en Provence.

A multi-lingual French national - who has been appointed both Officier de l'Ordre de la Republique Tunisienne as well as Officier de l'Ordre de Saint Charles in Monaco - Jean-Claude brings his considerable French elegance as well as deep european knowledge to the quarterly meetings of the Foundation's board.


 

Peter Barton

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(updated 25th of January 2018)
An alumnus of Oxford University (Magdalen College), Peter Barton preceded his professional career with military service as a 2nd Lieutenant in a British infantry regiment – stationed on the island of Cyprus at the time – and a Captain in the London Rifle Brigade.   His executive career, based in the City of London, spanned over 20 years as a corporate lawyer, followed by 13 years as an investment banker.   During the past 20 years Peter has held a number of non-executive and pro bono appointments, including Deputy Chairman of Alliance & Leicester plc and Chairman of Howard de Walden Estates Ltd, The Guinness Partnership, Bramdean Asset management LLP and The Leonard Ingrams Foundation.   He is also a Director of Jupiter US Smaller Companies plc and easyGroup Holdings Ltd.   His pro bono appointments have included Member of the Audit & Scrutiny Committee of Oxford University and Member of the Finance Committee of the Royal Commission for the 1851 Exhibition.   Peter was the High Sheriff and subsequently a Deputy Lieutenant of Greater London.   As a Trustee of the Stelios Philanthropic Foundations in the UK and Monaco, he brings his years of business and pro bono experience to their meetings and activities. 


 


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