Papastratos is moving forward with significant changes to its leadership team, announcing a new strategic role for Iakövos Kargarötos and the appointment of Alexandros Chatzopoulos as Vice President. The changes are part of the company’s broader plan to further strengthen its strategic initiatives both in Greece and across Southeast Europe. Iakövos Kargarötos, after more than 25 years of continuous service at the company, takes on the role of Senior Director Corporate Affairs Strategy, while Alexandros Chatzopoulos returns to Papastratos as Vice President and Senior Director Corporate Affairs, assuming overall responsibility for Corporate Affairs. The company emphasizes that these changes are grounded in continuity, growth, and trust in its people — values that have defined its long-standing journey.
Papastratos: Iakövos Kargarötos takes on new role
Iakövos Kargarötos now assumes the position of Senior Director Corporate Affairs Strategy, with a focus on coordinating critical strategic initiatives for Papastratos and Philip Morris International across the wider Southeast European region.

In his new portfolio, he will work closely with Giorgos Margonis, Vice President of Philip Morris International for Southeast Europe, contributing to the design and implementation of the company’s strategic initiatives in the region.
With more than 25 years at Papastratos, Iakövos Kargarötos has built an extensive professional career, holding a series of senior positions across both the Commercial Division and international markets. In recent years, he has led Corporate Affairs, and in his role as General Manager of Corporate Affairs, he played a key part in developing the team, supporting major strategic priorities, and positioning Greece as a reference market for the parent company during a period of significant transformation for both the organization and the broader industry.
Alexandros Chatzopoulos appointed Vice President
The company also announced that Alexandros Chatzopoulos is taking on the role of Vice President of Papastratos and Senior Director Corporate Affairs, assuming full responsibility for the company’s Corporate Affairs operations.

Alexandros Chatzopoulos already has an in-depth knowledge of the company, having previously served as Corporate & Regulatory Affairs Manager at Papastratos, where he contributed to shaping the company’s strategy on regulatory and corporate affairs matters.
He subsequently built a distinguished career at leading organizations, taking on senior executive roles in the fields of public policy and business strategy. Among other positions, he served as General Manager of the Hellenic Federation of Enterprises (SEV) and held the role of Chief of Strategy and External Affairs at an investment organization.
His return to Papastratos signals, according to the company, a strengthening of its leadership team with an executive who brings substantial experience in both the business environment and the management of strategic and institutional affairs.
Statement by Tina Davou
Papastratos CEO Tina Davou addressed the announced changes, highlighting the importance of continuity and the value of leveraging the expertise of the company’s senior executives.
“Papastratos has built its 95-year journey on continuity, growth, and trust in its people. Iakövos Kargarötos, with his years of experience, strategic thinking, and deep knowledge of the company, has made a fundamental contribution to shaping the role that Papastratos holds today — both in Greece and within the PMI organization. At the same time, we warmly welcome Alexandros Chatzopoulos, who takes on the role of Vice President of Papastratos and head of Corporate Affairs. His professional experience, strategic vision, and existing knowledge of the company are significant assets for this new chapter. I am confident that both will play a decisive role in continuing the company’s successful journey and in supporting our strategic priorities.”
With these new appointments, Papastratos is reinforcing its leadership structure by investing in experience, strategic thinking, and corporate continuity — with the goal of further developing its operations in Greece and across Southeast Europe.