The Company announces that on December 23, 2009, after the passing away of Christos D. Lambrakis, Executive President of the Board of Directors and the resignation of Mr Anastasios Giannitsis, Independent Non-Executive Member, the Board of Directors resolved to appoint in their position Ms Christina Tsoutsoura-Psychari as Executive Member and Mr Niκolaos Koritsas as Independent Non-Executive Member of the Board of Directors.
Τhe new composition of the company's Board of Directors is the following: 1. Stavros Psycharis, Executive President and Managing Director 2. Panos Psycharis Executive Vice President, 3. Cebrian Juan Luis, Independent Non Executive Member, 4.Jean-Marie Colombani, Independent Non Executive Member, 5.Pantelis Kapsis, Executive Member, 6.Nikolaos Koritsas, Independent Non Executive Member, 7.Tryphon Koutalidis, Executive Member, 8.Ioannis Manos, Executive Member, 9.Stergios Nezis, Executive Member, 10.Ioannis Paraschis, Independent Non Executive Member, 11.Nikolaos Pefanis, Executive Member, 12.Victor Restis, Non Executive Member, 13.Antonios Trifyllis, Independent Non Executive Member, 14.Christina Tsoutsoura-Psychari, Executive Member.
Furthermore the Board of Directors resolved to appoint Mr Nicholaos Koritsas as new member of the Audit Committee of the Company. As result the new composition of the company's Audit Committee is the following: 1. Nikolaos Koritsas, Independent Non Executive Member, 2. Ioannis Paraschis, Independent Non Executive Member 3. Antonios Trifyllis, Independent Non Executive Member.