Milli Louli elected its new Board of Directors, aiming to improve the practices of Corporate Governance, at the General Assembly that took place on Wednesday, June 22, 2022.
As stated in the relevant announcement, the new Board of Directors consists of renowned persons, both in the professional sector and on a personal level. The new Board of Directors of the company consists of:
• Loulis Nikolaos, Chairman, Executive Member of the Board of Directors
• Alexandri – Elizabeth Kapelanou, Vice President, Independent Non-Executive Member of the Board
• Fotopoulos Nikolaos, Chief Executive Officer, Executive Member of the Board of Directors
• Theodoropoulos Spyridon, Non-Executive Member of the Board of Directors
• Macheiras Konstantinos, Independent, Non-Executive Member of the Board of Directors
• Taniskidis George, Independent, Non-Executive Member of the Board
• Fabbri Gianluca, Non-Executive Board Member
At the same time, the General Assembly voted and approved the change of the company’s name from “Loulis Mills SA” to “Loulis Food Ingredients SA”.
Mr. Nikos Loulis, Chairman of the Board and a major shareholder of the company, said: “I am very proud and happy that our company is taking an essential step towards a better and more substantial corporate governance. I would like to thank the new members of the Board of Directors. who accepted my invitation, devoting their valuable personal time to supporting me and Loulis Food Ingredients in our business trip, and I would also like to thank the outgoing Board for their contribution over the years.
Also, the new name of our company, Loulis Food Ingredients, reflects the transformation that our organization has achieved in recent years, from a company that produces pure flour, to a company that produces and has a wide range of raw materials for the bakery and confectionery. This transformation has allowed us to be more exportable, but also closer to the modern requirements of the food industry, bakers and consumers through mixtures, flour improvers, and other raw materials that we produce and have today. The name Mills Loulis will continue to exist as the brand name of all flours intended for professional use “.
Source: Capital
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