Sarantis S A : Appointment of New Head of Internal Audit and New Compliance and Risk Manager
May 24, 2024 at 09:06 pm IST
Share
The company "GR. SARANTIS S.A." announces that its Board of Directors, during its meeting on May 13th, 2024, following a relevant proposal by the Audit Committee of the company, appointed Mrs. Zafeiria Papavasilopoulou as Head of Internal Audit, replacing Mr. George Karatzas. Mrs. Papavasilopoulou assumed responsibilities on 23.05.2024.
Mrs. Papavasilopoulou fulfils the criteria and conditions of the respective provisions of article 15 of law 4706/2020, and specifically, she is full-time and exclusively employed, she has personal and operational independence, she is not a Member of the Board of Directors or a member with voting rights in standing committees of the company, she has no close ties with anyone who holds any of the above qualities in the company or a Group company and she possesses the appropriate knowledge and relevant professional experience to assume the above position.
In particular, with extensive experience in Internal Controls in the FMCG sector, Mrs. Papavasilopoulou holds a bachelor's degree in Business Administration from the Athens University of Economics and Business and an Executive MBA from the University of Piraeus. She has been working in the Internal Control Department in Coca-Cola HBC for nine years where she was holding the position of Internal Control Processes Manager the last four years. She is a Certified Internal Control Auditor (CICA) from the Institute for Internal Controls.
Additionally, the company announces that Mr. George Karatzas assumed responsibilities as Compliance and Risk Manager as of 23.05.2024.
Appointment of New Head of Internal Audit and New Compliance and Risk Manager(191.3KB)
Attachments
Original Link
Permalink
Disclaimer
Gr. Sarantis SA published this content on
24 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
24 May 2024 15:35:05 UTC.
Sarantis S.A. is one of the world's leading distributors of branded consumer products. Net sales break down by family of products as follows:
- cosmetic products (42.3%): perfumery and toiletry products (Antonio Banderas, BU, C.THRU, Denim, Elode, Myrto, Noxzema, Prosar, STR8, Tesori l'Oriente and Vidal), skin care products (Astrid, Bioten, Elmiplant and Kolastyna), sun screen products (Carroten, Coppertone and Piz Buint) and hair care products (Final Net and Orzene Beer);
- household products (39.8%): food preservation products (Domet, Fino, Fox, Grosik, Hewa, Jan, Korunka Sanitas and Topstar), home maintenance equipment (Afroso, Ava, Flame, Septifos and Tuboflo), insecticides (Globol, Pyrox and Teza), shoe creams (Camel), etc. ;
- other (12.4%): including health care products, dietary supplements, pregnancy tests, etc.
The remaining net sales (5.5%) are from the manufacturing of plastic packaging products (Label Polipak).
At the end of 2020, the group operated a network of nearly 110,000 sales outlets in Europe.
Net sales are distributed geographically as follows: Greece (34.6%), Poland (23.6%), Romania (14%), Ukraine (7.1%), Czech Republic (5.2%), Serbia (5.1%), Bulgaria (3.3%), Hungary (2.6%) and others (4.5%).
SARANTIS S.A. 
