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Stelios' Cv

Essay by   •  December 21, 2010  •  Essay  •  447 Words (2 Pages)  •  884 Views

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Stelios' CV

At 38 years of age Stelios, who prefers to be called by his first name, is best known for creating easyJet PLC when he was 28. He is often credited as the pioneer who changed the European aviation scene for the benefit of millions of consumers. easyJet PLC was partially floated on the London Stock Exchange in 2000 but Stelios remains the largest single shareholder. A serial entrepreneur, Stelios has established more than 16 ventures, the first of which was Stelmar Shipping at the age of 25.

Stelios floated this oil tanker company on the NYSE in 2001 and in 2005 he sold it to OSG Shipping Group for approximately $1.3 Billion. Nowadays, acting through his private investment vehicle, the easyGroup, which owns the easy brand and licenses it to the various easy branded ventures, including the airline, Stelios sees himself more as the manager of the brand and less as a manager of one of the companies. He continues to extend the brand by creating new easy branded ventures in the areas of travel, leisure, telecoms and personal finance.

easyJet PLC which is Europe's largest low cost airline by revenues with a fleet of 100 jets and growing, carried 30 million passengers in 2005. Other easyGroup companies, which are detailed at the easyGroup portal www.easy.com, cover areas as diverse as Internet cafйs, car hire, online price comparison, personal finance, cinema, buses, male toiletries, on line recruitment, pizza delivery, music downloads, mobile telephony, hotels, a cruise line and wrist watches!

Stelios was born in Greece on the 14th of February, 1967 , the middle child of Loucas and Nedi Haji-Ioannou. He was educated in Athens to High School level and in 1984 continued his education at the London School of Economics. He also graduated from the City University Business School with an MSC in Shipping Trade and Economics.

On the "giving something back" side, Stelios is interested in education for under-privileged students and sustainable development. In 1992 he founded CYMEPA, the Cyprus Marine Environment Protection Association. This is a non-profit making association of ship owners and Cyprus-based business people who believe in sustainable development. Stelios recently endowed this association with a further gift worth more than $600,000. In 2005 he made a pledge to both his alma mater, the London School of Economics and the

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