Hepsiburada Updates on Extraordinary General Assembly Meeting
Effective immediately, Hepsiburada, a prominent Turkish e-commerce platform, recently wrapped up its Extraordinary General Assembly Meeting (EGM), where important decisions about its Board of Directors were made. These adjustments are expected to steer the company toward greater success as it continues its journey in the dynamic world of online retail.
Voting Results and Changes to the Board
The EGM attracted considerable attention as shareholders gathered to decide key matters concerning the governance of Hepsiburada. It was crucial for maintaining compliance with the Turkish Commercial Code and ensuring effective management.
The assembly successfully convened, allowing shareholders to take decisive votes on several pivotal points. Notably, the election of new Board members was among the significant outcomes:
- Approval of the election of Messrs. Mikheil Lomtadze, Tengiz Mosidze, Yuri Didenko, Pavel Mironov, Sandro Berdzenishvili, and Erman Kalkandelen as members of the Board.
- Messrs. Tayfun Bayaz?t, Ahmet Fad?l Ashabo?lu, and Stefan Gross-Selbeck were appointed as independent members.
- A strategic decision was made to reduce the total number of Board members from eleven to nine.
Additionally, Mr. Mikheil Lomtadze was appointed as Chairman, while Mr. Yuri Didenko assumed the position of Vice Chairman, reflecting the company’s commitment to strong leadership in its ongoing operations.
Transformations in Board Committees
Alongside the Board elections, significant changes were made to the composition of Board Committees. The restructured Committees were designed to enhance governance and oversight:
- Audit Committee: Messrs. Tayfun Bayaz?t, Ahmet Ashabo?lu, and Stefan Gross-Selbeck
- Early Detection of Risk Committee: Messrs. Tayfun Bayaz?t, Ahmet Ashabo?lu, and Yuri Didenko
- Corporate Governance Committee: Messrs. Tayfun Bayaz?t, Ahmet Ashabo?lu, and Yuri Didenko
The Board's duties will be divided into these Committees, ensuring more focused and specialized oversight. The decisions regarding the roles within these Committees, including chairmanships, will be agreed upon in future meetings.
Appointment of New General Counsel
In line with its strategic adjustments, Hepsiburada has also appointed Güne? Akman Özcan as the General Counsel and Corporate Secretary effective January 1, 2025. Özcan has been serving as acting General Counsel since early 2024, making this a seamless transition as she takes on these responsibilities officially.
About Hepsiburada
Hepsiburada operates as a hybrid e-commerce platform and plays a pivotal role in the Turkish digital landscape. By merging first-party direct sales with a third-party marketplace, it collaborates with approximately 100,000 merchants to deliver a robust shopping experience.
With a focus on pioneering the digital transformation of commerce, Hepsiburada ensures consumer satisfaction through offerings like last-mile delivery, advertising services, payment solutions, and more. Its fintech arm, Hepsipay, enhances the shopping experience with secure payment options and loan facilities, which has become increasingly vital in today’s market.
Hepsiburada is also committed to social responsibility, notably empowering women entrepreneurs in Turkey through initiatives that have supported thousands of women in business since its inception. The company's vision extends beyond financial success as it strives to make a tangible difference in the community.
Frequently Asked Questions
What were the main outcomes of the EGM?
The EGM resulted in the election of new Board members, reduction of Board size from eleven to nine, and the appointment of a new Chairman and Vice Chairman.
Who are the new members of the Board?
The new Board members include Mikheil Lomtadze, Tengiz Mosidze, Yuri Didenko, Pavel Mironov, Sandro Berdzenishvili, and Erman Kalkandelen, with independent members being Tayfun Bayaz?t, Ahmet Fad?l Ashabo?lu, and Stefan Gross-Selbeck.
What changes were made to the Board Committees?
Changes include the formation of Audit, Early Detection of Risk, and Corporate Governance Committees, each with distinct responsibilities handled by the Board members.
Who has been appointed as the General Counsel?
Güne? Akman Özcan has been officially appointed as the General Counsel and Corporate Secretary as of January 1, 2025.
What role does Hepsiburada play in the Turkish economy?
Hepsiburada is a leading e-commerce platform in Turkey, serving as a vital driver of digital commerce and helping to empower local entrepreneurs through its expansive offerings.
