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Dennis Malamatinas

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Dennis Malamatinas
Born
Dennis Malamatinas

(1955-04-04)April 4, 1955
Tanzania
Died4 March 2022(2022-03-04) (aged 66)
EducationRoosevelt 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]

Career

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Education and early career

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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

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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

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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

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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

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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]

References

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  1. ^ "Dennis Malamatinas - London - Chief Executive". Retrieved 13 January 2022.
  2. ^ a b c d Jamie Doward (12 November 2000). "Dotcom price was right for Burger King". The Guardian. Retrieved 7 October 2021.
  3. ^ a b "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. ^ a b c d e f g h i "Keeping Your Ego and Values in Check with Dennis Malamatinas". The Ikonns. 27 August 2019. Retrieved 7 October 2021.
  6. ^ a b c "Dennis Malamatinas". 6th Capital Annual Link Forum. 14 November 2002. Retrieved 21 December 2020.
  7. ^ a b c "Business: The Company File Battle of the fries". British Broadcasting Corporation (BBC). 28 January 1999. Retrieved 7 October 2021.
  8. ^ a b "The Interview: Dennis Malamatinas". IndexArticles. 2021-07-01. Retrieved 2021-12-23.
  9. ^ a b 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.