Andreas Vgenopoulos Explained

Andreas Vgenopoulos
Ανδρέας Βγενόπουλος
Birth Date:10 December 1953
Birth Place:Athens, Greece
Death Place:Athens, Greece
Alma Mater:National and Kapodistrian University of Athens
Occupation:Shipowner
Businessperson
Business Law
Fencer
Years Active:1990–2016
Boards:Marfin Investment Group
Superfast Ferries

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]

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]

External links

Notes and References

  1. Web site: Mr. MIG Andreas Vgenopoulos Left Panathinaikos. This Time for Real.
  2. News: New cash for a new century . Papachristou . Harry . 8 August 2008 . Athens News . 2008-08-30 . dead . https://web.archive.org/web/20080821150155/http://www.athensnews.gr/athweb/nathens.prnt_article?e=C&f=13299&t=01&m=A03&aa=1 . 21 August 2008 .
  3. News: PAO owners name president. 2008-05-27 . Kathimerini: English edition. 2008-08-30.
  4. https://web.archive.org/web/20200417230448/https://www.sports-reference.com/olympics/athletes/vg/andreas-vgenopoulos-1.html Andreas Vgenopoulos at Sports Reference
  5. Web site: ΙΔΡΥΤΙΚΗ ΔΙΑΚΗΡΥΞΗ "ΠΑΝΑΘΗΝΑΙΚΗΣ ΣΥΜΜΑΧΙΑΣ 2012" . Panathianiki Symmahia . 13 March 2014.
  6. Web site: Tycoon's Rise and Fall: A Modern Greek Drama . Ball and Granitsas . Deborah and Alkman . 12 July 2013 . The Wall Street Journal . 13 March 2014.
  7. Web site: 2016-12-11 . Νίκη των Σοσιαλδημοκρατών δείχνουν τα exit polls στη Ρουμανία . 2023-06-01 . www.naftemporiki.gr . el.