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Cosmos Holdings names agribusiness exec Vassos Efthymiadis to advisory board

Efthymiadis is president of the Hellenic Crop Protection Association

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Cosmos Holdings specializes in acquiring, developing, and commercializing medicines

Cosmos Holdings Inc (OTCQB:COSM) has added executive Vassos Efthymiadis to its advisory board.

Efthymiadis boasts considerable experience in the agribusiness sector and joins the board of the international pharmaceutical company, having served as Managing Director of K&N Efthymiadis SA and the vice-president of the Redestos Agrotechnology Group, two agribusiness companies in Greece.

READ: Cosmos Holdings pays off all its convertible debt

Efthymiadis is also president of the Hellenic Crop Protection Association and a board member of the Hellenic Association of Chemical Industries.

Grigorios Siokas, CEO of Cosmos, is bullish on Efthymiadis’s appointment, citing his expertise in European exports. “His experience with exports to various countries of Southeastern Europe will provide valuable insight as we expand. We are excited to welcome him to the Cosmos team,” Siokas said in a statement.

READ: Cosmos Holdings focuses on Europe as it expands its global wholesale pharmaceutical business

Efthymiadis is keen to start at Cosmos. “Coming from a not so dissimilar business segment, I feel confident my experience can contribute to the vision Greg and his great team are shaping regarding the future of the company and the best way to ensure its long-term growth,” he said in a statement.

Cosmos Holdings is a pharmaceutical wholesaler with offices and warehouses in Thessaloniki and Athens, Greece as well as the UK.

Cosmos shares traded 1.7% higher to hit $3.50 on Wednesday morning.

Contact Ellen Kelleher at [email protected]

Quick facts: Cosmos Holdings Inc

Price: 2.5 USD

OTCMKTS:COSM
Market: OTCMKTS
Market Cap: $32.72 m
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