Michael Psaros, a member of Leadership 100 and Co-Founder and Co-Managing Partner of KPS Capital Partners, LP and a member of its Investment Committee was named 2014 Executive of the Year by The Hellenic American Bankers Association (HABA) on Thursday, May 1, 2014 at the Union League Club of New York City and was honored with the Humanitarian Leadership Award at the Hellenic Times Scholarship Fund (HTSF) 23rd Anniversary Gala at the New York Marriott Marquis Hotel on Saturday, May 10, 2014.
FOX 5 News Anchor Ernie Anastos, also a member of Leadership 100, opened the HABA event with remarks before a seated dinner at which Psaros was honored. Dignitaries were in attendance as guests of honor. HABA will be celebrating its 32nd anniversary. It was established in 1982 to promote the professional and educational interests of Hellenic-Americans in the banking and financial services industries.
The Hellenic Times Scholarship Fund honored Psaros along with International Classical Crossover Artist Mario Frangoulis and George Venizelos, FBI Assistant Director in charge of the NY Field Office. For 23 years the HTSF has awarded scholarships to over 850 students totaling over $2 million. It also endeavors to provide a once in a lifetime experience for these scholars by creating an unforgettable evening for them where they are recognized before a crowd of over 1200 people. General Chairs are humanitarians and business leaders Margo & John Catsimatidis, long-time members of Leadership 100.
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.
Psaros 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 and All Saints Greek Orthodox Church in Weirton, West Virginia.