**Logicom Announces Board Member Appointment and Committee Restructuring**
Logicom Public Limited, a prominent technology company, has made significant changes to its board of directors, as announced on Tuesday. The company has appointed Ioannis Kosmas Eirinarchos as a non-independent, non-executive board member, effective immediately. This strategic move is part of a broader effort to enhance the governance structure of the company.
The decision to appoint Eirinarchos was made during a board meeting held on August 25, 2026. Following this appointment, the board also resolved to reconstitute its internal committees in alignment with the Corporate Governance Code. These changes are set to take effect on the same date as the appointment.
The restructured committee framework includes several key positions aimed at strengthening oversight and governance within the organization. The Nomination Committee will be chaired by independent non-executive director Christoforos Hadjikyprianou. He will be joined by executive non-independent director Varnavas Eirinarchos and independent non-executive director Giorgos Papaioannou.
The Audit Committee, which plays a crucial role in financial oversight, will be chaired by independent non-executive director Andreas Konstantinidis. The committee will also include independent non-executive directors Giorgos Papaioannou and Neoclis Nicolaou, along with the newly appointed Eirinarchos.
In addition, the Remuneration Committee will be led by Hadjikyprianou, with Papaioannou serving as an additional member. The Risk Management Committee will be chaired by Neoclis Nicolaou, who will work alongside members Papaioannou, Hadjikyprianou, and Eirinarchos to address potential risks facing the company.
Furthermore, Logicom has established an ESG Committee, focusing on environmental, social, and governance issues. This committee will be chaired by Andreas Konstantinidis and will include executive non-independent director Anthoulis Papachristoforou, Neoclis Nicolaou, and Ioannis Kosmas Eirinarchos.
These changes reflect Logicom's commitment to enhancing its governance practices and ensuring that its board is well-equipped to navigate the complexities of the technology sector. The appointment of Eirinarchos and the restructuring of the committees are expected to bring fresh perspectives and strengthen the company's strategic direction.
As Logicom continues to evolve in a rapidly changing technological landscape, these governance enhancements will be crucial in maintaining transparency, accountability, and effective decision-making within the organization.