Andreas_Vgenopoulos_(businessman)

Andreas Vgenopoulos

Andreas Vgenopoulos

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Andreas Vgenopoulos (10 December 1953 − 5 November 2016) was the chairman of Marfin Investment Group and was a major shareholder of Panathinaikos FC. Vgenopoulos resigned from Panathinaikos in June 2010 citing differences with Giannis Vardinogiannis.[1] His departure disappointed the fans of Panathinaikos.[2][3] Vgenopoulos owned 1% of Marfin Popular Bank and 1,5% of the Marfin Investment Group. He had also been a Greek champion of Panathinaikos' Fencing department.[4]

Quick Facts Born, Died ...

Education and business career

Vgenopoulos graduated from University of Athens with a degree in Law and from Long Island University (U.S.) with an MBA.[4]

Vgenopoulos was a shareholder of Panathinaikos FC until June 2010, owning 20% of the club's shares. He was also a member of the board of directors of the club alongside Giannis Vardinogiannis and Pavlos Giannakopoulos. Panathinaikos is now owned by "Panathinaiki Symmahia" (Panthenaic Alliance) with Giannis Alafouzos as president.[5]

Vgenopoulos was also the chairman of Olympic Air, the oldest Greek airline. Marfin Investment Group (MIG) bought the company from the Greek government on 1 October 2009. During the last three years, Mr. Vgenopoulos' MIG fund has seen the wealth deteriorate, it is reported that it has lost 95% of its value. Mr. Vgenopoulos is in the process of selling Olympic to Aegean.[6]

On 12 July 2016 the Board of Directors of MIG decided on broad changes in the management of the group with the replacement of Andreas Vgenopoulos as Chairman. Andreas Vgenopoulos remained a simple – non-executive – member. On 14 July 2016 he was appointed Chairman – non-executive member – of the Board of Directors of Hygeia Hospital.

In January 2008 he proceeded to the creation of the Panathinaikos Union Movement (PEK), with the aim of multi-shareholding or the acquisition of Panathinaikos FC and the strengthening of amateur Panathinaikos.

He died on Saturday 5 November 2016, at 03:30, from cardiac arrest, according to a statement issued by Hygeia Hospital of which he was president.[7]


References

  1. "Mr. MIG Andreas Vgenopoulos Left Panathinaikos. This Time for Real".
  2. Papachristou, Harry (8 August 2008). "New cash for a new century". Athens News. Archived from the original on 21 August 2008. Retrieved 30 August 2008.
  3. "PAO owners name president". Kathimerini: English edition. 27 May 2008. Retrieved 30 August 2008.
  4. Ball and Granitsas, Deborah and Alkman (12 July 2013). "Tycoon's Rise and Fall: A Modern Greek Drama". The Wall Street Journal. Retrieved 13 March 2014.
  5. "Νίκη των Σοσιαλδημοκρατών δείχνουν τα exit polls στη Ρουμανία". www.naftemporiki.gr (in Greek). 11 December 2016. Retrieved 1 June 2023.



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