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Aygaz AS (AYGAZ.IS)

AYGAZ.IS on Istanbul Stock Exchange

9.55TRY
17 Jul 2019
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Summary

Name Age Since Current Position

Rahmi Koc

88 Chairman of the Board

Gokhan Tezel

2015 General Manager

Ferda Erginoglu

2015 Assistant General Manager Finance

Ali Kizilkaya

2010 Vice General Manager - Technical Affairs and Investments

Fikret Cosar

2016 Assistant General Manager Sales

Ridvan Ucar

2018 Assistant General Manager Marketing and Innovation

Omer Koc

57 Vice Chairman of the Board

Nurettin Demirtas

2012 Subsidiaries and Accounting Director

Ahmet Polat

2018 Director Cylinder Gas Sales

Senol Polat

2018 Director Autogas Sales

Sebnem Yucel

Investor Relations Manager

Ayse Bilgin

69 2012 Director Supply Chain

Bulent Bulgurlu

71 2008 Member of the Board

Levent Cakiroglu

52 2015 Non-Executive Member of the Board of Directors

Yagiz Eyuboglu

51 2016 Non-Executive Member of the Board of Directors

Alexandre Picciotto

51 Member of the Board

Kemal Cansen

2018 Independent Non-Executive Member of the Board of Directors

Kutsan Celebican

2018 Independent Non-Executive Member of the Board of Directors

Sadan Kaptanoglu Dikici

2018 Independent Non-Executive Member of the Board of Directors

Biographies

Name Description

Rahmi Koc

Mr. Rahmi Mustafa Koc has served as Non-Executive Chairman of the Board of Directors of Aygaz Inc. since 1996. A graduate of Johns Hopkins University (BA) in Business Administration, he joined Koc Group in 1958 at Otokoc. He became CEO of Koc Holding in 1980 and was named Chairman of the Board of Directors in 1984, a position he held until 2003 when he became the Honorary Chairman. Apart from Koc Holding, he also serves as a Member/Chairman on the Boards of Directors at other Koc Group companies. His responsibilities in various capacities at numerous institutions and organizations include: Vice Chairman of the Board of Trustees at Vehbi Koc Foundation, Honorary Chairman of the Board of Trustees at Koc University, Founder and Chairman of the Board at Rahmi M. Koc Museum and Cultural Foundation, Chairman of the Board of the VKV American Hospital, Founding Member and Honorary Chairman of the Turkish Marine and Environment Protection Association/TURMEPA, Honorary Chairman of Turkish Industry and Business Association’s (TUSIAD) Advisory Board, Member of the Advisory Board of the Turkish Employers Association, Co-Chairman of the Business Advisory Council for South East Europe, Honorary Trustee of The Metropolitan Museum of Art, and Founding Chairman of the Global Relations Forum. Mr. Koc has been awarded Honorary Doctorate degrees by Johns Hopkins University, Eskisehir Anadolu University, Izmir Ege University, Ankara Bilkent University, Ovidius University of Constanta and Aydin Adnan Menderes University. He has been recognized with distinguished awards, medals and honors including “Outstanding Service Award” by the President of Turkish Republic, “Grosses Verdienst Kreutz” by the German Government, Order of High Merit of the Italian Republic, Order of Merit of the Austrian Government, (Honorary) Commander of the Most Excellent Order of the British Empire (CBE), “Officier dans l'Ordre National de la Legion D'Honneur” by the French Government. He is Chairman of the Executive Committee of the Company.

Gokhan Tezel

Mr. Gokhan Tezel has served as General Manager of Aygaz Inc. since October 1, 2015. Gokhan Tezel began his career in 1993 as a Finance Specialist at Tofas, where he was appointed Finance Manager in 1998. He served as General Manager at Koc Fiat Kredi Tuketici Finansmani A.S (2006-2009). Mr. Tezel was appointed General Manager of Aygaz in October 2015 where he had previously served as Assistant General Manager (Finance) since December 1, 2009. Mr. Tezel, who is a Member of the Board of World LPG Association (WLPGA), also serves as President of LPG Assembly of the Union of Chambers and Commodity Exchanges of Turkey, and Chairman of the Market Development Committee of World LPG Association.

Ferda Erginoglu

Mr. Ferda Erginoglu has served as Assistant General Manager Finance of Aygaz Inc. since November 2, 2015. Ferda Erginoglu worked as a Mechanical Engineer at Ata Insaat from 1985 to 1986 .He started working as an Assistant Financial Coordinator at RAM Dis Ticaret A.S. in 1990, where he served as the Finance Group Manager from 1996 to 2001, and as the Assistant General Manager (Finance) from 2001 to 2002. Mr. Erginoglu worked at Koc Bilgi Grubu A.S. as Director of the Financial Expertise Center from 2002 to 2006, and served as Financial Coordinator at Koc Holding from 2006 to 2015. On November 2, 2015, he was appointed Assistant General Manager (Finance) at Aygaz A.S. He is Member of the Corporate Governance Committee of the Company.

Ali Kizilkaya

Mr. Ali Kizilkaya has served as Assistant General Manager Technical Affairs and Investments of Aygaz Inc. since October 28, 2010. He began his career in 1988 as a Training Engineer at Bilar A.S. From 1992 to 1994, he worked as a Purchasing Engineer at Istanbul Fruehauf A.S. In 1996, he joined Aygaz A.S. and from 1996 to 2002 he served as the Bulk Gas Sales Supervisor in the Marmara Region and as the Purchasing Supervisor. In 2002, he served as the Lipet A.S. Operations Manager and in 2004 as the Mogaz A.S. Operations Manager, after which he became the Aygaz A.S. Facility System Manager and in 2004. He was appointed as the Aliaga Terminal Manager in 2008, and since 2010 he has been serving as the Assistant General Manager of Technical Affairs and Investments.

Fikret Cosar

Mr. Fikret Cosar has served as Assistant General Manager Sales of Aygaz Inc. since January 1, 2016. Fikret Cosar began his career as a Sales Specialist at Cukurova Import and Export in 1988. He then joined Aygaz A.S. in 1991 and worked as Diyarbakir Cylinder LPG Sales Supervisor. Mr. Cosar was appointed Diyarbakir Sales Manager in 1998. From 1999 to 2010, he served as Cylinder LPG Assistant Sales Manager for the Thrace Region, as Cukurova Regional Sales Manager and Marmara Regional Sales Manager, respectively. In 2010, Mr. Cosar became the General Manager at Akpa A. S., and in January 2016, he was appointed Assistant General Manager - Sales at Aygaz A.S.

Ridvan Ucar

Mr. Ridvan Ucar has served as Assistant General Manager Marketing and Innovation of Aygaz Inc. since March 2018. Ucar began his career in 1991 at TUBITAK, and became a Project Engineer at Aygaz in 1996. He then served as Bulk LPG Marketing Specialist, Marketing Manager and Marketing Group Manager, respectively. In 2008, Mr. Ucar was appointed Assistant General Manager - Marketing. He served Aygaz Dogal Gaz (an Aygaz subsidiary) as the General Manager from 2010 to 2018. Mr. Ucar was appointed Assistant General Manager - Marketing and Innovation at Aygaz A.S. in March 2018.

Omer Koc

Mr. Omer Mehmet Koc has served as Non-Executive Vice Chairman of the Board of Directors of Aygaz Inc. since 2001. He served as Non-Executive Member of the Board of Directors of the Company between 1996 and 2001. He received his B.A. degree from Columbia University in 1985. He worked at Kofisa Trading for one year and completed his MBA at Columbia University in 1989. After working at Ramerica International Inc., he joined the Koc Group in 1990. He held various senior positions at Koc Holding including Finance Coordinator, Vice President and President of the Energy Group. He became Member of the Board of Directors in 2004 and Vice Chairman in May 2008. In February 2016, he was appointed as the Chairman of the Board of Directors of Koc Holding. He serves as the Vice President of TUSIAD High Advisory Council, Chairman of Tofas, Tupras and Yapi Kredi Kultur Sanat Yayincilik Board of Directors and Member of the Board of Directors at other Koc Group companies. He is also the Chairman of Turkish Educational Foundation Board of Trustees and Chairman of the Board of Directors of Geyre Foundation. He has served on the Aygaz A.S. Board of Directors as a member since 1996 and Vice Chairman since 2001. He is Member of the Executive Committee of the Company.

Nurettin Demirtas

Mr. Nurettin Demirtas has served as Director Affiliates and Accounting of Aygaz Inc. since 2008. Nurettin Demirtas began his career in 1986 at Dogus Financial Consultancy and Accounting Office. He joined the Koc Group in 1989 and worked respectively as an Accounting Specialist, General Accounting Department Administrator, Accounting Manager, and Affiliates and Accounting Group Manager at Aygaz A.S. In 2008, he was appointed Director - Affiliates and Accounting.

Ahmet Polat

Mr. Ahmet Ercument Polat has served as Director Cylinder Gas Sales of Aygaz Inc. since January 2018. Ercüment Polat joined Aygaz in 1995, and served as a Sales Engineer, Regional Sales Supervisor, and Autogas & Bulk LPG Regional Sales Manager, respectively. Mr. Polat joined Akpa (an Aygaz subsidiary) in 2004 as Branch Manager, and later served as the General Manager from 2008 to 2010. After working as the Marketing Director at Aygaz from 2010 to 2018, he was appointed Director - Cylinder Gas Sales in January 2018.

Senol Polat

Mr. Senol Zafer Polat has served as Director Autogas Sales of Aygaz Inc. since June 2018. Senol Zafer Polat began his career in 1994 as a Construction Site Control Engineer and joined Aygaz in 1996 as a Project Marketing Engineer. From 1997 to 2010, he served as Cylinder Gas, Autogas and Bulk Gas Sales Manager in the Thrace, Istanbul and Marmara regions, and later as Central Anatolia Regional Sales Manager. From 2010 to 2016 he served as Aegean Region Cylinder Gas Sales Manager, first at Mogaz, then Aygaz. In 2016, Mr. Polat began to serve as Planning and Business Development Manager for Cylinder Gas, and in 2018 June he was appointed Director - Autogas Sales.

Sebnem Yucel

Ayse Bilgin

Ms. Ayse Abamor Bilgin has served as Director Supply Chain of Aygaz Inc. since January 2012. Ayse Abamor Bilgin began her career in 1998 as a Management Trainee at Aygaz A.S. Appointed Supply Manager in 2005, Ayse Abamor Bilgin served as LPG Supply and Trade Manager from 2008 to 2011. She serves as Director - Supply Chain since January 2012.

Bulent Bulgurlu

Dr. Bulent Bulgurlu has served as Non-Executive Member of the Board of Directors of Aygaz Inc. since January 14, 2008. He graduated from Ankara Engineering and Architectural Faculty of Ankara Universitesi, and later earned his Ph.D. in Civil Engineering at the Norwegian University of Science and Technology (Norges Teknisk-Naturvitenskapelige Universitet - NTNU) in 1977. He started his career in 1972 as a Construction Engineer at Elliot Stromme A/S in Oslo. Joining Garanti Insaat in 1977 as Field Engineer, he worked as Planning and Construction Manager, Site Coordination and Construction Manager, Assistant General Manager, General Manager and Executive Director at Garanti Koza. He has worked at Koc Holding since 1996 as President of the Tourism and Services Group, President of the Tourism and Construction Group, and President of the Consumer Durables and Construction Group. He served as CEO at Koc Holding from May 2007 to April 2010. He has been a Member on Koc Holding’s Board of Directors since May 2007. Apart from Koc Holding, he also serves as a Member on the Boards at several other Koc Group companies. He is also a member of TUSIAD and the Turkish Marine and Environment Protection Association/TURMEPA. He has been serving on the Aygaz Board of Directors since 2008. He also holds a Bachelors degree from Gazi Universitesi, and received a Masters degree in Civil Engineering from Norges Teknisk-Naturvitenskapelige Universitet - NTNU in 1972. He is Member of the Risk Management Committee of the Company.

Levent Cakiroglu

Mr. Levent Cakiroglu has served as Non-Executive Member of the Board of Directors of Aygaz Inc. since 2015. Levent Cakiroglu graduated from Ankara Universitesi (Bachelors) Faculty of Political Sciences, Business Administration Department 1988, and earned his master’s degree at University of Illinois. He started his career as an Assistant Analyst at the Ministry of Finance in 1988, where he worked as a Senior Analyst from 1991 to 1997. He served as Assistant Manager of Financial Crimes Investigation Board between from 1997 to 1998, meanwhile he taught as a Part Time Instructor at Bilkent University. He joined Koc Group in 1998 as Koc Holding’s Financial Group Coordinator. He was the General Manager of Koctas (2002 -2007), and the CEO of Migros (2007 – 2008). He was assigned as the CEO of Arcelik in 2008 and also became President of the Durable Goods Group at Koc Holding in April 2010. Cakiroglu has been appointed the CEO of Koc Holding in April 2015. In addition to his role as the CEO, he is also a Member of the Board of Directors at Koc Holding since April 2016. Levent is also Chairman of the Board of Directors of Arcelik- LG, and Turk Traktor, as well as the Vice Chairman of Otokar and a Member on the Boards of several other Koc Group companies. He has been serving on the Aygaz Board of Directors since 2015.

Yagiz Eyuboglu

Mr. Yagiz Eyuboglu has served as Non-Executive Member of the Board of Directors of Aygaz Inc. since 2016. Yagiz Eyuboglu graduated from Bogazici Universitesi with a BA degree in Economics in 1991. He went on to earn an MBA in Business Administration at Koc Universitesi in 1996. He began his professional career as a Management Trainee at Arcelik in 1991. Starting in 1993, he worked at Koc Holding for more than 10 years, as Auditor, Senior Internal Auditor, Assistant Financial Coordinator and Financial Coordinator, respectively. From 2004 to 2009, he served as CFO at Arcelik, CEO and Board Member at Beko Elektronik, Assistant to the President of the Foreign Trade and Tourism Group at Koc Holding, and Human Resources Director at Koc Holding. From 2009 to October 2015, he was the General Manager at Aygaz. In October 2015, he was appointed Deputy President of the Energy Group at Koc Holding and since April 2016 he has been serving as President of Energy Group. He currently serves as a Board Member at several Koc Holding companies, and sectoral non-governmental organizations. He has been serving on the Aygaz Board of Directors since 2016. He is Member of the Corporate Governance Committee of the Company.

Alexandre Picciotto

Mr. Alexandre Francois Julien Picciotto has served as Non-Executive Member of the Board of Directors of Aygaz Inc. since July 2012. Alexandre Picciotto is one of the grandsons of Hillel Picciotto who established Aygaz in 1961 with Vehbi Koc. After graduating from Institut Superieur de Gestion, Paris in 1990, he started his career in Orfim, the investment company of his family in Paris, France. He managed different subsidiaries operating in various fields including real estate and movie industry (1990-2003). In 2003, he was appointed General Manager at Liquid Petroleum Gas Development Company, the Picciotto family owned company, which is a shareholder of Aygaz. He was then appointed General Manager at Orfim in 2008. Mr. Picciotto is also a member on the board of directors at various companies in both Turkey and France. He has been serving on the Aygaz Board of Directors since July 2012. He is Member of the Executive Committee of the Company.

Kemal Cansen

Mr. Kemal Ege Cansen has served as Independent Non-Executive Member of the Board of Directors of Aygaz Inc. since March 2018. Kemal Ege Cansen studied Business Administration at the Middle East Technical University, and went on to earn his MBA degree at the Wharton School of Business at the University of Pennsylvania in 1966. He worked as an Assistant General Manager at Arcelik, Industrial Affairs Coordinator at Koc Holding, Vice Chairman of the Board of Directors at Puro-Fay, Executive Partner at Soyer Hafriyat ve Insaat, Consultant for Anadolu Group (1986-2019) and Executive Director at Anadolu Endustri Holding, and Vice Chairman of the Board of Directors at Turkish Bank A.S. Ege Cansen also writes on economy and joins programs as a commentator in the media. He taught “Business Economics” at Marmara University’s Faculties of Engineering, and Administrative Sciences (1987- 2000). He was a member of Koc University’s Board of Trustees until the end of 2017. He has been serving as an Independent Member on the Aygaz Board of Directors since March 2018. He is Member of the Audit Committee of the Company.

Kutsan Celebican

Mr. Kutsan Celebican has served as Independent Non-Executive Member of the Board of Directors of Aygaz Inc. since March 2018. Kutsan Celebican received his university degree from Ankara Universitesi, Faculty of Political Sciences. In 1969, he started his professional career on the Tax Inspectors Board at the Ministry of Finance, and worked as the Ministry of Finance’s Deputy Director General of Treasury from 1979 to 1982. He was later appointed to the World Bank (International Bank of Reconstruction and Development) as Deputy Executive Director. In 1987, he joined Koc Group and worked as Finance Coordinator, Vice President and President of Financing Group, respectively until his retirement in December 2001. He ran his own financial consultancy business for a while. In addition to his memberships in the Educational Volunteers Foundation of Turkey (TEGV), Financial Analysts Foundation, Chamber of Sworn-in Certified Public Accountants of Istanbul, and TUSIAD, Mr. Celebican is a Board Member at Koc Holding. Mr. Celebican has been serving as an Independent Member on the Aygaz Board of Directors since March 2018. He is Chairman of the Audit Committee, and Chairman of the Corporate Governance Committee of the Company.

Sadan Kaptanoglu Dikici

Dr. Sadan Kaptanoglu Dikici has served as Independent Non-Executive Member of the Board of Directors of Aygaz Inc. since March 2018. She studied philosophy at Istanbul Universitesi’s Faculty of Literature, and later attended London City College, Department of Maritime. She completed her graduate studies at City University Cass Business School in Maritime, Finance and Trade, and then earned her Ph.D. at DeMontfort University. She worked as the General Director of her family business, H. I. Kaptanoglu Maritime Group until January 2014. She currently serves on the Board of Directors’ at Kaptanoglu Denizcilik Tic. A.S. In addition to her role as Vice President of Board of Directors at IMEAK Chamber of Shipping, she is also on the Board of Trustees at Piri Reis University. In May 2016, she was appointed Chairman of the Board of Directors at Turkish Marine Environment Protection Association/TURMEPA. Currently the Vice President of Intermepa, she was elected President of the Baltic and International Maritime Council (BIMCO) by a majority of votes at the General Assembly in 2018, becoming the first woman appointed to this office. She is also the President of the Turkey chapters of Lloyd’s Register (Lloyd’s Register Gozetim Ltd.) and RINA (Rina Denizcilik ve Belgelendirme Ltd.) In 2008, she was named “Young Person of the Year” at the London Seatrade Awards. She has been serving as an Independent Member on the Aygaz Board of Directors since March 2018. She is Chairman of the Risk Management Committee of the Company.