GULER SABANCI IS APPOINTED AS THE NEW CHAIRPERSON

18.05.2004
The Board of Sabancı Holding unanimously decided to appoint Ms. Guler SABANCI, as the new chairperson and the managing director of the Sabancı Holding.

Ms. Guler SABANCI said ; ‘After the unfortunate loss of Mr. Sakıp SABANCI, his brothers Mr. Sevket SABANCI and Mr. Erol SABANCI decided to pass the leadership of the Group, to the third generation of the family. I would once again extend my sincere thanks for their trust and support, and appreciate their foresight.

In addition to its remarkable economic success and its commitment to social responsibilities, along with its strong corporate values, Sabancı Holding, is one of the most respected global institution.

As we clearly demonstrated in the past, we will continue to create value for our shareholders, business partners, employees and other stakeholders. In pursuing these objectives, we will continue to develop our human resources, strengthen strategies and live by our well-established corporate values. In so doing, we will achieve new successes.’

Ms. Guler SABANCI, after graduating from Bosphorus University, started to work for LASSA Tyre Manufacturing and Trading Company in 1978. In 1985, she became the General Manager of KORDSA Tyre Cord Manufacturing and Trading Company and ran this company for 14 years as General Manager and Board Member. While she was working for KORDSA, she was the leader of the teams to set-up a number of JV’s for Sabancı Group and the part of the operations of these JV’s such as Brisa, Beksa and Dusa International LLC.

Presently, Ms.Guler SABANCI is the President of Tire and Reinforcement Materials Group and chairs the Boards’ of these JVs, and the head of the Human Resources Committee of Sabancı Holding.

Besides the industrial and business world, she is active in the educational and academic world. She is the founder and Chairperson of the Board of Trustees of Sabancı University and the chairperson elect of the Sabancı Foundation, VAKSA.

She, as a hobby, also runs a wine yard to produce wine with her own brand.