Stromasys announces new shareholder and CEO

GENEVA: At the company's AGM on December 6, Stromasys announced George Koukis as the new shareholder and John Prot as the new CEO of the company. With these changes, Stromasys strengthens its ability to provide customers with the best legacy system virtualization solutions and positions itself for accelerated growth on a global scale.

George Koukis began his career at QANTAS in 1973, where he was heavily involved with the computerization of its Management Information Systems (MIS and Accounting). He then spent six years with Management Science America (MSA) in Australia, where he held various management positions including Managing Director. In 1986, Koukis introduced ROSS SYSTEMS, a VAX specialist software company, to the Asian region. In 1993, Koukis founded TEMENOS Group AG, taking the company public on the Zurich Stock Exchange in 2001. In July 2011, Koukis retired and is still a member of the Board of TEMENOS as a Non-Executive Director.

John Prot began his career at The Prudential in 1988 and has 25 years of experience in business development, operations, and finance. Before joining Stromasys, he managed the Hertz Greece car leasing business with a fleet portfolio of 15,000 vehicles. Prior positions include serving as restructuring CEO of two airport logistics companies with c. 1,000 staff, as an investment director at Global Finance, a leading private equity institutional investor in Southeast Europe, and as an equities analyst at ING Barings. He is a Chartered Financial Analyst (CFA) and has a degree in Philosophy, Politics and Economics from Oxford University.