A conversation with
George M. Logothetis,
Chairman & CEO, the Libra Group
Honorary Degree Recipient, Deree 2013
When: Friday, September 30, 15:00 – 17:00
Where: John S. Bailey Library, Upper Level
Organized by: Office of Development & Alumni Relations in collaboration with College Events.
Seats are limited so please register as soon as possible.
Submit your Questions until September 25
According to George M. Logothetis “… empowering people means giving opportunities to the ‘underdogs’ – that is people who have been “oppressed by hopelessness… We need to empower underdogs with empathy”
MC – Moderator
Haris Daskalothanassis, Executive Director
George M. Logothetis,
Chairman & CEO, the Libra Group Honorary Degree Recipient, Deree 2013
George Logothetis, age 41, is Chairman and CEO of the Libra Group, an international business group comprising 30 subsidiaries operating across six continents. The group is predominantly focused on shipping, aviation, real estate, hospitality and renewable energy but also has a growing portfolio of diversified investments.
George joined his family’s shipping company in 1993, becoming CEO in 1994 at the age of 19. In the ensuing years he presided over the company’s transformation from three vessels into a fleet of 55 before creating the Libra Group in 2003. Having previously focussed predominantly on shipping, the major expansion and diversification of the group was made possible by the sale of a total of 67 ships between 2004 and 2007.
Libra Group’s aviation leasing business has acquired aircraft with a value approaching $6 billion since its inception, most recently investing in a fleet of approaching 90 modern helicopters. During the current market downturn the group’s shipping company has acquired over 90 vessels, including orders for over 25 all-new fuel-efficient ships.
The group’s real estate interests are global and include four million square feet of residential and commercial property in South America plus a portfolio of real estate in many of the world’s leading economic hubs including Los Angeles, Miami, New York, London, Athens, Singapore and Bangkok.
Its hospitality interests comprise approximately 50 hotels on five continents including the critically acclaimed Grace Hotels group. Libra’s renewable energy division owns and operates a range of grid-connected wind, solar and biogas facilities across Europe and has a growing portfolio solar parks and alternative energy facilities across North, Central and South America as well as waste-to-energy production facilities in the USA.
Libra Group has invested in a number of companies that fall outside its core business sectors including a media company in Los Angeles, a financial services company based in London and New York and, most recently, a leading Greek manufacturer of sustainably-sourced mattresses and other natural sleep products.
The group undertakes numerous educational and philanthropic initiatives globally including The Hellenic Entrepreneurship Award, created by Libra with a $10 million commitment to provide funding and mentoring for start-up businesses in Greece. The Libra Internship Programme supports over 100 young people per annum, many of whom have suffered social or economic disadvantage. Interns are sourced through eight programme partners globally. Libra also supports Senator John McCain’s ‘McCain Institute’ by offering professional experience to participants in the institute’s Next Generation Leaders Program.
George and his wife, Nitzia, live in New York and have two sons and one daughter. Together they founded the Seleni Institute, a New York-based non-profit organisation that addresses women’s reproductive and maternal mental health.