Corporate Governance

BOARD OF DIRECTORS:

MELO HILI

Chairman

Melo Hili joined the family business in 1988 and was appointed managing director of Motherwell Bridge, then a joint venture with Motherwell Bridge Group of Scotland. Mr Hili later also headed the company’s Italian operation and was a board member of Motherwell Bridge Bhicam in the Bahamas. He was named developmental licencee for McDonald’s in Malta in 2005, for Estonia, Latvia and Lithuania in 2007, and for Greece in 2011. Mr Hili is also chairman of Motherwell Bridge Industries and is a member of the supervisory board of the Ronald McDonald Charity Foundation in Latvia.

VICTOR TEDESCO

Managing Director

Victor Tedesco joined the McDonald’s team in Malta before the first restaurant opened in Valletta in 1995. He was part of the team that opened the Valletta, St Julian’s and Sliema restaurants. He was St Julian’s store manager for three years during which time he won a Manager of the Year award. He became operations manager and moved to head office. In 2007, he was appointed director of operations for the Baltics and moved to Riga for three and a half years. In 2011, he was entrusted with leading the operation in Greece. He returned to Malta in 2014 as managing director for Malta and Greece. He was appointed board director of Hili Properties in 2014. He assumed responsibility for all of Premier Capital, Hili Ventures’ McDonald’s division, in 2014.

CHARLES J. FARRUGIA

Non-Executive Director

Charles J. Farrugia worked in the banking sector for 35 years and sat on a number of boards and executive committees within the HSBC Malta Group. Before his retirement from the bank, he held the position of Head Global Banking & Markets and was a senior executive director of HSBC Malta p.l.c. Mr Farrugia holds the position of non-executive director with a number of Maltese companies and is currently Chairman of Malta Plaza Centres p.l.c. and BPC International Ltd.

ANN FENECH

Non-Executive Director

Ann Fenech is the Managing Partner of Fenech and Fenech Advocates, and the Head of the Marine Litigation Department. After qualifying in 1986 she joined the shipping and commercial firm of Holman Fenwick and Willan in London where she stayed until 1991 prior to joining New Orleans firm of Chaffe, McCall, Phillips Toler and Sarpy. She is the President of the Malta Maritime Law Association and Vice-Chairman of the Yachting Services Trade Section at the Malta Chamber of Commerce and Enterprise.

TOMASZ NAWROCKI

Non-executive Director

After setting out in banking at Millennium Bank in Poland, Tomasz Nawrocki joined McDonald’s in 2001 as trainee manager at McDonald’s Poland. He joined Premier Capital as operations manager at McDonald’s Baltics in 2008. Mr Nawrocki became McDonald’s managing director in the Baltic States in 2011 and moved from McDonald’s Estonia where he was country manager for a year. He was appointed managing director of Hili Ventures’ Apple division PTL Holdings in 2015 – with overall responsibility for the leadership of the SAD Apple retail business and iSpot Apple Premium Reseller chain in his native Poland, and the iCentre APR stores in Hungary and Romania.

Massimiliano Lupica

Non-Executive Director

Massimiliano Lupica has been working in McDonald’s Operation and Field Service Department for more than 20 years. Mr Lupica is also the Director of Southern Italy. 

AUDIT COMMITTEE:

MELO HILI

Non-Executive Director & Chairman

TOMASZ NAWROCKI

Member

CHARLES J. FARRUGIA

Member

Charles J. Farrugia is an independent director knowledgable in accounting and auditing.
The Company Secretary is Dr Karen Coppini.
The Company Auditors are Deloitte.

Bond Issue