Aegean Marine Petroleum Network announces key leadership appointments and new management committee

Aegean Marine Petroleum Network has announced three significant executive appointments and the establishment of a new Management Committee.  Together these actions represent important progress rebuilding Aegean’s senior leadership team.

Kostas Polydakis, formerly Aegean’s Managing Director, Shipping, has been promoted to Chief Operating Officer; John G. Mystakidis, formerly a partner at Ernst & Young and most recently a full-time consultant to the Company, has joined the Company as its Group Financial Controller and Interim Chief Financial Officer; and Sal Drago, formerly Aegean’s Global Director of Supply and Trading, has rejoined the Company in the same role.

The new Management Committee will consist of Aegean President Jonathan McIlroy and Messrs. Polydakis, Mystakidis and Drago.

Both the company’s previous COO Manolis Chochlakis, who was appointed to the position in December 2017, and the previous CFO Pavlos Papageorgiou, appointed in April 2018, have left the company.

“I am delighted to welcome Kostas Polydakis, John Mystakidis and Sal Drago – three proven executives, who have earned our respect and trust – to the Aegean senior management team,” said Donald Moore, the Company’s Chairman and independent director of the Board.

“Each brings an impressive track record creating value in our industry.  Joining our President Jonathan McIlroy in a newly established Management Committee, this talented and dedicated group of leaders will streamline decision-making and execution, speeding the implementation of Aegean’s long-term growth strategy.”