Spyros Theodoropoulos

Spyros Theodoropoulos

CEO of Chipita SA

Mr Spyros Theodoropoulos is the CEO of Chipita SA. In 1976, he started his career with a small family business named Recor SA , producing dairy products. In 1981, he became the General Manager of Aligel SA, an importing company of confectionery and ice cream products. In 1986, he became the General Manager of Interia, a company producing hazelnut cream with significant export activities.  During the same year, he acquired 50% of Chipita, a company producing snacks and in 1989, he acquired the remaining 50%. In 1990, the Eurohellenic Fund (Olayan, De Benedetti, Alpha Finance and Titan) invested in Chipita coinciding with the beginning of the croissant production. In 1994, the company was listed in the Athens Stock Exchange. For the next 16 years a large variety of new products was introduced and exported to many countries.
Furthermore, Chipita established plants in Bulgaria, Romania, Poland, Russia, USA and Nigeria and developed new ventures in Egypt, Saudi Arabia and Mexico. In 2006, Chipita merged with Delta to form Vivartia SA . One year later, MIG bought Vivartia. From 1/9/2006 until 15/4/2010, Mr Theodoropoulos was the Managing Director of Vivartia SA. During the summer of 2010 together with the Olayan group, as well as with other Greek partners, Mr Theodoropoulos bought Chipita. Today, he is a member of the Board of Directors of National Bank of Greece.  In the past, he served as president of the Athens Stock Exchange Listed Companies Association, vice president of Greek Federation of Industries and vice president of Helex. Spyros is a graduate of Athens University of Economics and Business .

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