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Michael Psaros HABA’s Executive of the Year
Michael Psaros, Co-Founder and Co-Managing Partner of KPS Capital Partners, LP, was named 2014 Executive of the Year by The Hellenic American Bankers Association (HABA) this past May, during a lavish gala held at the Union League Club of New York City. FOX 5 News Anchor Ernie Anastos opened the event with remarks before a seated dinner. Dignitaries were in attendance as guests of honor and numerous HABA members and friends showed up for the annual gathering which besides the honorees celebrates the end of another cycle of activities and reaffirms the organization’s status as the primary venue for people of Greek descent in the banking industry.
Mr. Psaros is the manager of the KPS Special Situations Funds, a family of private equity limited partnerships with over $6 billion of assets under management focused on making controlling equity investments in companies across a diverse range of manufacturing industries. KPS portfolio companies have aggregate annual revenues of over $8.6 billion, operate 104 manufacturing facilities in 26 countries, and employ approximately 40,000 associates, directly and through joint ventures worldwide. He received a BSBA from Georgetown University in 1989 and attended Sofia University in Tokyo, Japan. He and his wife, Robin, created The Robin and Michael Psaros Endowed Chair in Business Administration at Georgetown University’s McDonough School of Business, where Mr. Psaros presently serves as Vice Chairman of the Executive Board of Advisors. He also serves on the Board of Advisors of the Georgetown University Center for Financial Markets and Policy.
He is a frequent speaker on turnarounds and manufacturing, and has been featured in the Wall Street Journal, Financial Times, Buyouts, Private Equity International, M&A Magazine, CNBC and numerous other business and financial publications. He is a member of the Church of Our Saviour in Rye, New York, the All Saints Greek Orthodox Church in Weirton, West Virginia, and of Leadership 100. A few days after the HABA distinction, he was honored with the Humanitarian Leadership Award at the Hellenic Times Scholarship Fund (HTSF) 23rd Anniversary Gala at the New York Marriott Marquis Hotel.
Established in 1982, the Hellenic American Bankers Association, Inc. (HABA) is one of the premier Greek-American organizations in the New York metropolitan area, and its aim is to promote the professional and educational interest of Greek-Americans, Cypriots and Pan-Hellenes in the banking and finance industries. Current active membership consists of over 300 professionals representing more than 50 institutions across the financial spectrum.
Since its inception, HABA has sponsored lectures, seminars, receptions with guest speakers and other events such as book-signings, holiday celebrations and job-fairs.