Dennis Malamatinas

Last updated
Dennis Malamatinas
Born
Dennis Malamatinas

(1955-04-04)April 4, 1955
Tanzania
Died4 March 2022(2022-03-04) (aged 66)
Education Roosevelt University (BS)
University of Chicago (MBA)
Known forformer CEO of Burger King and Smirnoff
Board member ofDiageo, Reuters
SpouseDanielle Mot
Children2

Dennis Malamatinas (born April 4, 1955) [1] is a Greek executive and former CEO of Burger King. He has also was CEO at a number of other companies, including Priceline Europe and Smirnoff. [2] [3] [4]

Contents

Career

Education and early career

Malamatinas was born to Greek parents. [5] As a child, his family lived in Tanzania and Greece before Malamatinas relocated to Chicago, where he worked in hospitality as a teenager. [5] He studied for a BSc in Economics at Roosevelt University before completing an MBA from the University of Chicago. [5]

In 1979, he started his career at consumer goods conglomerate Procter & Gamble, working at the company's international company headquarters in Geneva. [5] He also worked stints as a brand manager in P&G's Paris offices. [3] In 1986, he joined PepsiCo, working in their Middle East headquarters in Nicosia, Cyprus. [6] He later became President and CEO of Pepsi-Cola Italy. [5]

Between 1989 and 1997, he held various roles at leisure and drinks conglomerate Grand Metropolitan, including global CEO of the Metaxa Distillers brand and, subsequently, CEO of vodka brand Smirnoff. [2]

Burger King

In March 1997, Malamatinas was appointed global CEO of fast food chain Burger King. [7] While CEO, the company grew to 12,000 restaurants and revenues of $12 billion. [8] As CEO, he restructured the European business and doubled the company's investment in research and development. [7] In August 2000, he stepped down as CEO as Burger King was preparing for an IPO. [9] At the time, the then-owner of Burger King, Diageo, was facing unrest from franchisees after failing to gain market share against McDonald's. [9]

Priceline Europe

In 2000, Malamatinas became Founding CEO of Priceline.com Europe. [2]

His appointment coincided with the dot-com bubble, which saw the market capitalization of the global Priceline business fall from $17 billion to $1 billion in late 2000. [2] [8]

In 2001, Malamatinas assumed the role of chairman in addition to CEO. [10]

In 2002, Priceline Europe merged with Priceline USA. [11]

Later career

Since 2002, Malamatinas has also been a Director, Chairman, or adviser to various companies. [12]

He has held roles at EQT, MidOcean Partners, FocusVision, Melitas Ventures, IBANFIRST, LIQID Asset Management, and Saxo Bank. [5] [7] [13] [14] [15]

Personal life

In 1981, Malamatinas married Danielle Mot, who he met in Geneva Switzerland while working for Procter and Gamble. [5] They have two children, Alexander and Nathalie. [6] He lives in London. [5]

Malamatinas has lived in nine countries and speaks five languages, including English, French, Italian, Greek, and Spanish. [5] He has a passion for martial arts, including Krav Maga, tai chi, Wing Chun, Judo and Okinawa Karate.[ citation needed ] He holds a black belt in Karate. [6]

In 1997, he was appointed one of the five founding members of President Bill Clinton’s Welfare to Work Partnership. [16] [17] [18]

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References

  1. ↑ "Dennis Malamatinas - London - Chief Executive" . Retrieved 13 January 2022.
  2. 1 2 3 4 Jamie Doward (12 November 2000). "Dotcom price was right for Burger King". The Guardian. Retrieved 7 October 2021.
  3. 1 2 "An Evening With Dennis Malmatinas Former CEO of Burger King". 3 December 2019.
  4. ↑ "The Interview: Dennis Malamatinas". Index Articles. July 2021. Retrieved 6 February 2022.
  5. 1 2 3 4 5 6 7 8 9 "Keeping Your Ego and Values in Check with Dennis Malamatinas". The Ikonns. 27 August 2019. Retrieved 7 October 2021.
  6. 1 2 3 "Dennis Malamatinas". 6th Capital Annual Link Forum. 14 November 2002. Retrieved 21 December 2020.
  7. 1 2 3 "Business: The Company File Battle of the fries". British Broadcasting Corporation (BBC). 28 January 1999. Retrieved 7 October 2021.
  8. 1 2 "The Interview: Dennis Malamatinas". IndexArticles. 2021-07-01. Retrieved 2021-12-23.
  9. 1 2 Ernest Beck (23 June 2000). "Diageo Announces IPO of Burger King; Unit's CEO, Malamatinas, to Resign". The Wall Street Journal. Retrieved 7 October 2021.
  10. ↑ "Priceline wields the jobs axe in London". The Independent. 2001-10-12. Retrieved 2021-12-23.
  11. ↑ "Old economy defector quits Priceline". the Guardian. 2001-10-12. Retrieved 2021-12-23.
  12. ↑ "Board of Directors". Omega Healthcare Investors, Inc. 2023. Retrieved 2023-05-31.
  13. ↑ "Saxo Bank adds Dennis Malamatinas to board of directors". Fin Extra. 30 March 2007. Retrieved 7 October 2021.
  14. ↑ Gold News (22 May 2014). "Dennis Malamatinas: High Performance Culture" . Retrieved 7 December 2020.
  15. ↑ "'Big guns' join SSP Board". TR Business. 19 June 2006. Retrieved 7 October 2021.
  16. ↑ "The Gabby Awards Launched at Kick-off Parties in New York and Chicago" (PDF). Neo Magazine. 3 April 2009. p. 6. Retrieved 7 October 2021.
  17. ↑ Reuters Group PLC (11 November 2021). "Dennis Malamatinas to Join as Non-exec Director". Investigate. Retrieved 7 October 2021.{{cite web}}: |author= has generic name (help)
  18. ↑ "Welfare To Work Partnership". National Public Radio. 20 May 1997. Retrieved 7 October 2021.
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