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Sir Stelios Haji-Ioannou

Updated 16 September 2019

Stelios is best known for creating easyJet.com in 1995 when he was just 28 years old: The low cost airline that revolutionised European air travel over the last 25 years now carries over 100 million passengers p.a. with a fleet of c. 350 Airbus aircraft flying to more than 30 countries. In 2000 Stelios floated easyJet on the www.londonstockexchange.com in order to fund growth but he and his family are still the largest shareholders holding about 1/3rd of all the shares. Stelios successfully campaigned to set a dividend policy that pays 50% of profits as a dividend.


The easy family of brands (easy.com):

A strategic decision made during the easyJet IPO meant that ownership of the easy brand, (including easyJet) is retained in Stelios' private investment vehicle, easyGroup, based in Monaco and London. As a result, easyGroup now enjoys a steady income from licensing the easy brand to many businesses, including the airline. Every time someone buys a ticket on easyJet.com, easyGroup collects 0.25% of the ticket price as royalty. Since 1995 the easy family of brands has been extended to many other activities - all offering consumers "more value for less". easyHotel.com, listed on the stock market in 2014 and easyGroup holds c 28% of the shares. Other brands include: easyBus.com, easyCar.com, easyFly.co.uk, easyHub.com, easyMoney.com, easyProperty.com, easy.Coffee, easyGym.com, easyStorage.com, easyFerry.com and many others supported by more than 1000 registered trade marks. Stelios is always looking for carefully selected business partners and entrepreneurs with whom to jointly extend the easy family of brands. easyGroup also has a rigorous legal policy of stopping brand theft (unauthorised use).


Charity work:

Stelios started giving back to society when he turned 40 years old and has since formalised his charitable giving by creating the Stelios Philanthropic Foundation, which now takes up about a third of his time. Its mission statement is to support a diverse range of charitable activities principally in the countries where he has lived and worked: UK, Greece, Cyprus and Monaco. The most notable program is called "Food from the heart" that feeds 200,000 people each month in Greece and Cyprus since 2013 https://steliosfoundation.gr/faghto-apo-kardias. Moreover with the Bi-communal awards in Cyprus the Foundation is granting €500,000 in cash pa since 2008 to Greek Cypriots and Turkish Cypriots who work together for lasting peace on the island https://steliosfoundation.com.cy/peace-cyprus-bicommunal-awards/. Other good causes are supported with regulars donations such as to the environmental charity wwf.org in partnership with the foundation of HSH Prince Albert II of Monaco. In May 2017 Stelios signed the Giving Pledge committing to endow his foundation with half his estate in order to become the perpetual vehicle for his legacy. This initiative was started in 2010 by Bill and Melinda Gates and Warren Buffet.


Family business background:

Stelios, was born in Athens, Greece on 14 February 1967, the son of the late Loucas Haji-Ioannou, a self-made Greek-Cypriot shipping magnate. Stelios started his business career working for his father at Troodos Shipping in Piraeus, Greece until aged 25 when he founded his first own venture, Stelmar tankers with financial help from his father. Stelmar floated on the NYSE.com in 2001 and was sold to a competitor in 2005 for about US$1.3bn.


Honours:

In 2006, at the age of 39, Stelios received a knighthood from HM Queen Elizabeth II for services to entrepreneurship. Since 2009 he has been the Honorary General Consul for the Republic of Cyprus in the Principality of Monaco - where he lives. He graduated from the www.doukas.gr High School in Athens in 1984, the London School of Economics in 1987 and in 1988 obtained a masters' degree from the City University. At all 3 academic institutions the Stelios foundation has been funding scholarship programs each year with more than 250 Stelios Scholars having benefited so far. He has been awarded 4 honorary doctorate degrees from City, Grandfield, Liverpool John Moores, and Northumbria (Newcastle) Universities in the UK. Since 2018 he is the Chair of the enterprise fellows of the Prince's Trust in the UK, a charity set up by HRH the Prince of Wales. Since 2016 he founded the www.Gustaviayachtclub.org and he is the Commodore of the Club.


 

Nikos Mourkogiannis

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(updated 19th of January 2018)

Nikos is a business consultant, lawyer and writer. He is Member of the Board of the Stelios Philanthropic Foundation and Honorary Visiting Professor of Practice at Cass Business School. He is known as the author of the book "Purpose: The Starting Point of Great Companies", which is taught in universities and is considered an important asset for all businesses. It is a book about leadership and business strategy, in which there is a full analysis of the four primary business purposes: Discovery, Helping, Achievement, and Heroism. During his presidency of the Greek National Opera, the application of a restructuring program and the reorganization of GNO's financial situation, saved the organization's operation, leading to its continuous progress until today with great success.


 

Marios Eliades

 

French Version

A practising lawyer for more than 35 years based in Nicosia Cyprus  and since 2015 a legal consultant with M. Eliades & Partners LLC. Marios studied law and Economics at the University of Athens. He also qualified as a Barrister-at-Law from Gray’s Inn London. He pursued post graduate studies in management and economic development at INSEAD and John F. Kennedy School of Government at Harvard University. Besides his professional career Marios has had a long presence in the public life of Cyprus. He served inter alia as Minister of Communications & Public Works of the Republic, Chairman of the Board of Directors the Cyprus Broadcasting Corporation, Vice Chairman of the Board of Trustees University of Cyprus, Chairman Law Division Geneva Group International. Marios is currently serving as a non-executive director in a small number of public and private companies in Cyprus and abroad.


 

David Watson

David Watson
 

David comes to the Stelios Philanthropic Foundation from Athens, Greece where he has been based for the majority of his professional career in commercial and institutional banking (primarily with Citibank) spanning nearly 4 decades, most recently serving as Managing Director of Piraeus Bank followed by Advisor to the EFG Eurobank Ergasias in Athens. Retired in 2005, David serves on three company boards as non-executive director including easyGroup Holdings, EFG Eurobank and J&P Avax in Athens. As an 'adopted' Greek - David holds both US and Greek citizenships and is fluent in both languages - David also earned an MBA from Northeastern University in Massachussetts, USA and a BA from Miami College in Ohio, USA. David brings considerable experience from his many years living and working in Greece to bear on the Foundation's activities and infuses the quarterly meetings of the Conseil d'Administration with a Midwestern wit and a Mediterranean sensibility.


 

Donald Manasse

 

A practicing lawyer and prolific author of legal text, Donald has been based in Nice and Monaco for over 2 decades. Born in Italy, Donald was schooled in the US (Transylvania College and the University of Missouri), ultimately receiving his Juris Doctor from New York Law School. Since then, he has been admitted to a number of Bar Associations including New York and Connecticut in the US and Nice, France. Donald has also been admitted to the US Court of International Trade, the US Court of Appeals for the Federal Circuit Court, the US Tax Court and the US Supreme Court. He served as a member of the Jury for the 31st America's Cup and has also been nominated a Chevalier de l'Ordre de St. Charles in the Principality of Monaco. Tri-lingual, dual nationality and multi-cultural, Donald brings a wealth of perspective and experience along with considerable savoir-faire to the activities of the Foundation.


 

Jean-Claude Eude

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(Updated on the 23rd of January 2018)
A graduate of Harvard Business School, the University of Pittsburgh and the Institut d'Etudes Politiques, Jean-Claude has had a long and meaningful career in the public finance sector - initially as an economist at the IMF, subsequently as an advisor to a member of the European Commission in Brussels and later became Controller of the Inter-American Development Bank in Washington DC. More recently, Jean-Claude has been based in Monaco, serving first as Director of the Compagnie Monegasque de Banque and later as the Managing Director of the Monaco Bankers' Association. Post-retirement, Jean-Claude serves as a non-executive director of easyGroup Holdings, is accredited since 2008 as Honorary Consul of the Republic of Latvia in the Principality of Monaco and is also a trustee of the Institute of American Universities ( IAU ) in Aix en Provence.

A multi-lingual French national - who has been appointed both Officier de l'Ordre de la Republique Tunisienne as well as Officier de l'Ordre de Saint Charles in Monaco - Jean-Claude brings his considerable French elegance as well as deep european knowledge to the quarterly meetings of the Foundation's board.


 

Peter Barton

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(updated 25th of January 2018)
An alumnus of Oxford University (Magdalen College), Peter Barton preceded his professional career with military service as a 2nd Lieutenant in a British infantry regiment – stationed on the island of Cyprus at the time – and a Captain in the London Rifle Brigade.   His executive career, based in the City of London, spanned over 20 years as a corporate lawyer, followed by 13 years as an investment banker.   During the past 20 years Peter has held a number of non-executive and pro bono appointments, including Deputy Chairman of Alliance & Leicester plc and Chairman of Howard de Walden Estates Ltd, The Guinness Partnership, Bramdean Asset management LLP and The Leonard Ingrams Foundation.   He is also a Director of Jupiter US Smaller Companies plc and easyGroup Holdings Ltd.   His pro bono appointments have included Member of the Audit & Scrutiny Committee of Oxford University and Member of the Finance Committee of the Royal Commission for the 1851 Exhibition.   Peter was the High Sheriff and subsequently a Deputy Lieutenant of Greater London.   As a Trustee of the Stelios Philanthropic Foundations in the UK and Monaco, he brings his years of business and pro bono experience to their meetings and activities. 


 


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