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Migros Ticaret AS (MGROS.IS)

MGROS.IS on Istanbul Stock Exchange

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16 Sep 2019
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Summary

Name Age Since Current Position

Tuncay Ozilhan

72 Non-Executive Chairman of the Board of Directors

Omer Tort

46 Executive Member of the Board of Directors and General Manager

Ferit Dogan

50 2019 Assistant General Manager, Chief Finance Officer

Ahmet Yanar

59 2010 Assistant General Manager, Chief Operating Officer

Olcay Nomak

44 2019 Assistant General Manager, Chief Human Resource Officer

Kerim Tatlici

50 2019 Assistant General Manager, Chief Information Officer

Cem Rodoslu

52 2008 Assistant General Manager, Chief Marketing Officer

Mustafa Bartin

45 2018 Assistant General Manager, Chief Large Format & Online Retail Officer

Tarik Karlidag

56 2014 Assistant General Manager, Chief Construction Officer

Bulent Kuntay

53 2019 Assistant General Manager, Chief Supply Chain & Logistics Officer

Hakan Tuncer

56 2015 Assistant General Manager, Chief Expansion & Property Officer

Nikolaos Stathopoulos

49 Non-Executive Vice Chairman of the Board of Directors

Affan Nomak

Investor Relations Group Manager

Talip Aksoy

Non-Executive Member of the Board of Directors

Salim Al Ma'mari

31 2016 Non-Executive Member of the Board of Directors

Salih Ecevit

73 Non-Executive Member of the Board of Directors

Stefano Ferraresi

47 2008 Non-Executive Member of the Board of Directors

Kamilhan Yazici

Non-Executive Member of the Board of Directors

Huseyin Acikalin

57 Independent Non-Executive Member of the Board of Directors

Sevki Acuner

Independent Non-Executive Member of the Board of Directors

Jacob de Jonge

Independent Non-Executive Member of the Board of Directors

Tom Heidman

60 Independent Non-Executive Member of the Board of Directors

Izzet Karaca

65 Independent Non-Executive Member of the Board of Directors

Biographies

Name Description

Tuncay Ozilhan

Mr. Tuncay Ozilhan serves as Non-Executive Chairman of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. He graduated from Saint Joseph High School in Istanbul, and Istanbul Universitesi, Faculty of Economics (Bachelors), before obtaining his MBA from the Long Island University, USA. He started his career as the General Manager of Erciyas Biracilik in 1977. Mr. Ozilhan became the Beer Group Coordinator and then General Coordinator at Anadolu Endustri Holding. He still serves as the Chairman of the Board of Directors of Anadolu Group, a position he has taken over in May 2007. Mr. Ozilhan also served as Anadolu Group Executive Chairman until February 2017, to which position he was appointed in 1984. Outside positions held Anadolu Group Chairman Mr. Ozilhan also sits as the Chairman on the boards of directors of Anadolu Foundation and various Anadolu Group Companies. After serving as the Chairman of TUSIAD (Turkish Industry and Business Association) from 2001 to 2003, Tuncay Ozilhan currently functions as the President of TUSIAD High Advisory Council, Member of the Board of Directors at DEIK (Foreign Economic Relations Board), Chairman of the Turkish–Russian Business Council of DEIK, Estonian Honorary Consul, and President of the Anadolu Efes Sports Club. Mr. Ozilhan has also been honored with “The Order of the Rising Sun, Gold and Silver Star”, one of the most important decorations conferred by the Japanese government, and with a medal by the Republic of Estonia, Ministry of Foreign Affairs.

Omer Tort

Mr. Omer Ozgur Tort has served as Executive Member of the Board of Directors and General Manager of MIGROS TICARET ANONIM SIRKETI since August 2008. He joined Migros Turk T.A.S. in 1996 in the Business Development Department, where he held managerial positions in Project Management, International Investments Coordination and CRM. Mr. Tort worked as Assistant General Manager of Sales and Marketing at Migros’ subsidiary in the Russian Federation from 2002 to 2006. In 2006, he carried on with his career as Assistant General Manager of Human Resources at Migros Group. Having specialized in all aspects of retail management in his career, he has become the General Manager of Migros in 2008. He sits on the board of directors of the Consumer Goods Forum, the world’s largest retail industry network of label manufacturers. After getting his undergraduate degree in industrial engineering from Istanbul Teknik Universitesi, 1994, he went to US for graduate studies. He got his master’s degree in engineering management from the University of Missouri, 1996. Mr. Tort has been serving as the General Manager of Migros since August 2008, where he is also a board member. Outside positions held: Omer Ozgur Tort is the Chairman of the Board of Sanal Merkez Ticaret A.S., a subsidiary of Migros Ticaret A.S. He is a Board member at Consumer Goods Forum. Omer Ozgur Tort is also a board member at Trade Council of Shopping Centers and Retailers (in Turkish: AMPD).

Ferit Dogan

Mr. Ferit Cem Dogan has served as Assistant General Manager, Chief Finance Officer of MIGROS TICARET ANONIM SIRKETI since February 2019. He graduated from Middle East Technical University, Faculty of Economics in 1991. Following his graduate studies in Department of Economics at University of Oslo, Norway, he started his career at Philip Morris Corporate Services, Zurich, Switzerland as a Senior International Auditor in 1995. From 2001 to 2006, he held the positions at Kraft Foods as Internal Controls & Projects Manager, London, UK; Financial Controller, Dubai, U.A.E; Finance Manager, Bremen, Germany. He worked at Emaar Properties as Chief Finance Officer between 2006 – 2008. He has been with Migros Ticaret A.S. since 2009 as Finance Director. In February 2019, he took on his current position as Chief Finance Officer.

Ahmet Yanar

Mr. Ahmet Fuat Yanar has served as Assistant General Manager, Chief Operating Officer of MIGROS TICARET ANONIM SIRKETI since December 23, 2010. He completed his undergraduate education (Bachelors) in the Faculty of Business Administration at Ege Universitesi. Yanar worked for Turyag (Henkel) between 1984 and 1986, then Philip Morris from 1986 to 1987 and then Tansas between 1987 and 1990. Between 1990 and 1997 he had three successive posts in Migros: branch manager, marketing group manager and investment coordinator. In 1997 he became Assistant General Manager for Investment Projects and served in this role for the following 11 years. He worked as Assistant General Manager of Migros responsible for International Operations between 2008 and 2010. Yanar has been working as Chief Operation Officer responsible for store operations including expansion and store management since 23rd December 2010.

Olcay Nomak

Ms. Olcay Yilmaz Nomak has served as Assistant General Manager, Chief Human Resource Officer of MIGROS TICARET ANONIM SIRKETI since February 2019. She completed her undergraduate studies at Yildiz Teknik Universitesi, Faculty of Industrial Engineering in 1996. She started her professional career at Eczacibasi Karo Seramik as Production Planning Specialist, in 1996. Yilmaz joined Migros Group in 1998, as an Industrial Engineer at R&D and Planning department. Between 2001 and 2005 she worked as Project Group Associate and Group Leader at Project Management Department. She was appointed as HR Planning and System Development Manager in 2005. Between 2010 and 2018 she worked as HR Planning and Recruitment Manager, Human Resources Group Manager and Human Resources Director respectively. In February 2019, she took on her current position as Chief Human Resource Officer, responsible for Human Resources, Training and Industrial Relations.

Kerim Tatlici

Mr. Kerim Tatlici has served as Assistant General Manager, Chief Information Officer of MIGROS TICARET ANONIM SIRKETI since January 2019. He graduated from Istanbul Teknik Universitesi (Istanbul Technical University), faculty of Mathematics Engineering. He completed an MBA program at Koc Universitesi. He started his professional career as Assistant Manager of Store Automation in 1993. He worked as the Central Automation Manager between 1999-2002, the Software Development and Implementation Manager between 2002 and 2005, the Information Technology Manager between 2005 and 2011; and the Information Technology Group Manager between 2011 and 2014. In 2014, he was appointed as Information Technology and Business Development Director. Since January 2019, he has been working as the company's Chief Information Officer.

Cem Rodoslu

Mr. Cem Lutfi Rodoslu has served as Assistant General Manager, Chief Marketing Officer of MIGROS TICARET ANONIM SIRKETI since December 23, 2008. He completed his undergraduate education in the Ege Universitesi (Bachelors) Faculty of Agriculture, Department of Economy. In the years 1991 to 1994 he worked in Onentas Dardanel A.S. He worked in Tespo A.S from 1994 to 1997 respectively as Purchasing Supervisor, Purchasing Manager. From 1997 to 2002 in Continent – Carrefour (Promedes). He worked as Assistant General Manager in charge of Category Management and member of Executive Board between 2002 and 2006. He joined Migros as Assistant General Manager of Category Management in 2006. Rodoslu has been working as Chief Marketing Officer, responsible for marketing and purchasing since 23rd December 2008.

Mustafa Bartin

Mr. Mustafa Murat Bartin has served as Assistant General Manager, Chief Large Format & Online Retail Officer of MIGROS TICARET ANONIM SIRKETI since 2018. He graduated from the Middle East Technical University Department of Industrial Engineering. He started his professional life as a Business Development Expert in the Migros Business Development Department in 1995. In 1996 he went on to work as a Business Development Expert reporting to the Sales Department. In 1999 and 2000 he worked as Marketing Manager of Migros on-line. Between 2000 and 2009 he worked for Hewlett-Packard Turkey in chronological order as E-Business Sales Manager, Pre-Sales Service Manager, Business Development Manager, Sales Manager and finally Consulting. Between 2009 and 2015 he worked in Migros Integration Country Manager and Information Technology, Business Development, CRM, on-line and Wholesale Director. Between 2015-2018 he worked as the company’s Chief Alternative Sales Channels Officer. Since 2018 he has been working as the company's Chief Large Format & Online Retail Officer.

Tarik Karlidag

Mr. Tarik Karlidag has served as Assistant General Manager, Chief Construction Officer of MIGROS TICARET ANONIM SIRKETI since January 2014. He completed his undergraduate studies at the Marine Engineering Department in the Maritime Faculty (Y.D.O.) of Istanbul Teknik Universitesi (Istanbul Technical University). Between 1984 and 1990 he worked in three different companies: D.B. Deniz Nakliyat, Aksay and Genel Denizcilik. He began his Migros career in 1990 as a Technical Services Supervisor and then served as Construction Assistant Manager, Technical Services Manager, Construction Group Manager and Construction Director successively. Since January 2014 he has been working as the company’s Chief Construction Officer.

Bulent Kuntay

Mr. Bulent Kuntay has served as Assistant General Manager, Chief Supply Chain & Logistics Officer of MIGROS TICARET ANONIM SIRKETI since January 2019. He graduated from Ege Universitesi, Department of Food Engineering. He started his career in Migros as Store Management Trainee in 1990. He worked as Assistant Store Manager, Store Manager, Izmir Operating Assistant Manager, Izmir Operating Manager, Supply Chain and Logistics Director (Russia), Distribution Centers Manager, Supply Chain Group Manager, Supply Chain and Logistics Group Manager respectively. He was appointed as Supply Chain and Logistics Director in 2013. Since January 2019, Kuntay has been working as the company’s Chief Supply Chain & Logistics Officer.

Hakan Tuncer

Mr. Hakan Sevki Tuncer has served as Assistant General Manager, Chief Expansion & Property Officer of MIGROS TICARET ANONIM SIRKETI since May 2015. He completed his undergraduate education (Bachelors) at Dokuz Eylul Universitesi, Faculty of Economics and Administrative Sciences, Department of Labor Economics and Industrial Relations. He began his career in Migros working as Assistant Store Manager between 1988 and 1989 and was then promoted to Store Manager in 1989, a position he held until 1991. From 1991 to 1996 he worked as Regional Sales Manager and then from 1997 to 2005 as District Manager. Between 2005 and 2007 he held the post of Assistant General Manager of Ramenka, Moscow before moving on to Enka TC Moscow where he also worked the Assistant General Manager until 2008. He worked as Assistant General Manager of Migros responsible for Store Operations in Migros between 2008 and 2010. Between 2011 – 2015, Tuncer worked as Chief Operating Officer responsible for store operations, including expansion and store management for Tansas operations. And since May 2015 he has working as Chief Expansion and Property Officer.

Nikolaos Stathopoulos

Mr. Nikolaos (Nikos) Stathopoulos serves as Non-Executive Vice Chairman of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. Nikolaos Stathopoulos is a Managing Partner and a member of the Investment Committee at BC Partners, which he joined in 2005. He has over 20 years of experience in private equity having led a variety of private equity investments globally. Mr. Stathopoulos serves as the chairman of the boards of directors of OVS SpA, Gruppo Coin and Mergermarket Group, and board member at Com Hem and Migros. Before joining BC Partners, Mr. Stathopoulos was a Partner at Apax Partners in London where he spent seven years working on large buy-out transactions. Prior to Apax, he worked as a management consultant with the Boston Consulting Group in London. Mr. Stathopoulos holds an MBA from Harvard Business School and a degree in business administration from the Athens University of Economics and Business. Outside positions held: He is a member of the Harvard Business School European Leadership Board, Athens University of Economics and Business Advisory Council, Impetus Private Equity Foundation Board of Trustees and a fellow of the Royal Society of Arts. He is also the Chairman of BC Partners Foundation. Member of the Board of Directors of the Company since May 30, 2008.

Affan Nomak

Dr. Affan Nomak serves as Investor Relations Group Manager of MIGROS TICARET ANONIM SIRKETI. He also serves as Member of the Corporate Governance Committee of the Company.

Talip Aksoy

Mr. Talip Altug Aksoy serves as Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. He received his bachelor’s degree in economics from Oglethorpe University in USA. He began his career as Assistant Finance Specialist at Anadolu Group in 1995 and was appointed as a Finance Specialist in 1996. Mr. Aksoy worked as Human Resources and Treasury Specialist from 1998 to 2000. He served as Director of Sales and Marketing at Efes Invest from 2000 to 2003 and was appointed Director of Trade and Export at Efes Beer Group in January 2003. Continuing his career at the Group as the Director of Purchasing and Logistics from 2006, Mr. Aksoy was appointed Director of Supply Chain of Efes Beer Group in June 2008, in which position he served until 1 November 2011. In November 2011, he was appointed Efes Turkey Managing Director and served in this position until 1 January 2017. Outside positions held Mr. Aksoy still continues to serve as a Board Member in various Anadolu Group companies. He is Member of the Early Detection of Risk Committee of the Company.

Salim Al Ma'mari

Mr. Salim Abdullah Khalfan Al Ma'mari has served as Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI since July 28, 2016. He graduated from Sultan Qaboos University in Oman. Having started his professional life at Ernst & Young in Oman, he worked for General Electric and Export Credit Guarantee Agency (ECGA) between 2013 and 2016. He has been holding a senior executive position at the State General Reserve Fund in Oman since January 2016.

Salih Ecevit

Mr. Salih Metin Ecevit serves as Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. He graduated from the Faculty of Political Sciences in 1967 and received his master’s degree in economics from the Syracuse University (USA) in 1976. From 1967 to 1980, he worked as a Government Auditor and served as Deputy General Manager of General Directorate of Revenues at the Ministry of Finance. Mr. Ecevit joined Anadolu Group in 1980 and worked in various roles, serving as General Manager, Managing Director, and Chairman of the Board of Directors in automotive companies of the Anadolu Group. He retired in 2006, while he was serving as the Automotive Group President, as per the retirement age limit regulations of the Group. He served as Board Member and Chairman of the Association of Imported Car Distributors in Turkey from 1992 to 2004. Outside positions held He is a board member in many Anadolu Group companies.

Stefano Ferraresi

Mr. Stefano Ferraresi has served as Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI since May 30, 2008. He received his undergraduate degree in business administration from Universita Bocconi in Italy. Having started his business life at Barclay’s Capital, Mr. Ferraresi worked in the Finance Department at Merrill Lynch London office from 2000 to 2002. Having joined BC Partners in 2002, he has been a member of the Board of Directors at Migros since May 2008. Outside positions held Stefano Ferraresi serves as a member of the Board of Directors at OVS SpA.

Kamilhan Yazici

Mr. Kamilhan Suleyman (Kamil) Yazici serves as Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. He holds a bachelor’s degree in business administration from Emory University in USA, an MBA degree from American Institute of Business and Economics (AIBE) in Russia and has completed the GMP program at Harvard Business School. Having started his career in Anadolu Group Finance Department in 2000, he later worked in Anadolu Efes Russia Marketing Department between 2003 and 2005, and was appointed New Product Development Manager in 2005. Having continued his career in Russia as Logistic Systems Manager from 2006 to 2008, he was appointed Supply Chain Director in 2008 and Development Director in 2010. He assumed the role of Anadolu Efes Moldova Managing Director from 2011, and was appointed Market Development Director in Anadolu Efes Headquarters in 2014, a position he held until April 2017. Outside positions held Mr. Yazici currently serves as a Board Member and Vice-Chairman in Anadolu Group companies. He is Member of the Corporate Governance Committee of the Company.

Huseyin Acikalin

Mr. Huseyin Faik Acikalin serves as Independent Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. After receiving his degree in business administration from the Faculty of Economic and Administrative Sciences at the Middle East Technical University in 1987, he began his professional life and banking career as an assistant specialist at Interbank. He worked in various positions including internal auditor, customer relationship manager, branch manager and marketing manager at Interbank, Marmarabank, Finansbank and Demirbank between 1992 and 1998. In May 1998, he joined Disbank as Executive Vice President, and later that year, he was appointed as an executive director responsible for the coordination and communication between the Board of Directors and business units. Having started to function as a member of the Credit Committee at the same time, Acikalin assumed the roles of Deputy Chief Executive Officer and Board member of Disbank in June 1999. Appointed as CEO and Executive Director in December 2000, he continued to serve as CEO of Disbank when it was renamed Fortisbank following the acquisition of Disbank by Fortis Group. In the same period, he also began assuming roles in the international management of Fortis. In October 2007, he resigned from his duties at Fortisbank and became Chief Executive Officer at Dogan Gazetecilik, a media holding company, before being appointed as an Executive Director of Yapi Kredi Board of Directors and Chief Executive Officer in April 2009. After serving as the CEO of Yapi Kredi from May 2009 until December 2017, he was assigned as Managing Director and CEO at Koc Finansal Hizmetler in 2010, in tandem with his ongoing roles. In addition to his existing functions, he was brought to the position of Koc Holding Banking and Insurance Group President in August 2011. He is Chairman of the Corporate Governance Committee, Member of the Early Detection of Risk Committee of the Company.

Sevki Acuner

Mr. Sevki Acuner serves as Independent Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. After receiving his degree in business administration from Bogazici Universitesi in 1976, he got a Graduate Diploma from Stockholms universitet and then an MBA from the Concordia University, Montreal. Having started his banking career at the Central Bank of the Republic of Turkey, he then worked at the Bank of Montreal in Canada and later at the Royal Bank of Canada in various countries. He has been functioning in various roles at the European Bank for Reconstruction and Development (EBRD) since 1996. Having played a key role in the launch of EBRD’s Turkey operations in 2009, he served as Deputy Country Director for Turkey at EBRD until 2013, during which post he was based in Istanbul. He has been serving as EBRD’s Director for Ukraine based in Kiev since 2013. He has fulfilled Board of Directors member role as the Bank’s representative in a number of EBRD’s equity investments. Having served as the President of the Turkish Bankers Association – United Kingdom (TBA) for many years during his career in London, he led the EBRD’s growth in our country within the frame of his position in Istanbul. He takes place among the leading supporters of the country’s economic transformation and the leaders of the finance world in Ukraine. Among his many responsibilities are functioning as the Chairman of the Board of the Business Ombudsman Council, board member at public companies and Head of the Nomination Committee responsible for appointment of CEOs, and Deputy Chairman of the Board of the American Chamber of Commerce in that country. He is Member of the Audit Committee of the Company.

Jacob de Jonge

Tom Heidman

Mr. Tom Heidman serves as Independent Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. He received his degree in business administration and economics from Erasmus Universiteit Rotterdam (Erasmus University Rotterdam), followed by an MBA from the Delft University of Technology. He began his professional life in 1987 at Albert Heijn, one of the largest supermarket chains in the Netherlands. He joined the Gall & Gall company in 1990, where he served as General Manager between 1994 and 1997. Tom Heidman functioned in various roles at Albert Heijn between 1997 and 2002. Having joined Retail Network company in 2002 as CEO, Heidman was named the CEO of Logo International in 2006. Having assumed the position of CEO at Schuitema B.V. from 2009 to 2012, Heidman worked as CEO of Vion N.V. company from February 2015 until August 2015. He is Chairman of the Early Detection of Risk Committee of the Company.

Izzet Karaca

Mr. Izzet Karaca serves as Independent Non-Executive Member of the Board of Directors of MIGROS TICARET ANONIM SIRKETI. He received his degree in industrial engineering from Bogazici Universitesi in 1977. He started his professional career the same year at Koç Research and Development Centre. He held Industrial Engineer and IT Manager position until 1985. From 1985 to 1988, he served as Systems and Organization Director at Ford Otosan. From 1988, he held several positions at Unilever in Germany, Turkey and Baltic States including Internal Audit Group Manager, Logistics Manager, Commercial Director and Managing Director. From 2011 to 2013, Mr. Karaca served as Chairperson of International Investors Association. After serving as the Executive Chairman at Unilever Turkey and Unilever NAMET RUB (North Africa, Middle East, Russia, Ukraine and Belarus) region, and as member of Unilever CEO Forum, he retired on 31 December 2013. In 2015, he published his first book titled “The New CEO is... You”. He is Chairman of the Audit Committee of the Company.