Institutional

Chairman of the Board; All committees ex officio

Board Member since 1986
Albert H. (Chip) Elfner, III, Chairman of the Board of Trustees and CFA, is a former CEO of Keystone Investments and has more than thirty years’ experience in investment management. He currently serves as lead Director and Chairman of the Executive Committee for Unitil Corp. in Hampton, New Hampshire. Mr. Elfner is also the Director and Chairman of the Audit Committee of Main Street America Insurance Co. in Jacksonville, Florida, and a member of the Boston Security Analysts Society. Mr. Elfner is a former President of Mountain Lake Corporation. In addition to his involvement in the investment management field, Mr. Elfner has served as a Trustee for several educational institutions, including the New England Colleges Fund (former President), Middlesex School, and Middlebury College, his alma mater, where he served as Chairman of the Budget and Finance Committee. Mr. Elfner is currently a Trustee of the Trustees of the Donations of the Episcopal Diocese of Massachusetts. Mr. Elfner received his Bachelor’s degree from Middlebury College and completed the AMP program at Harvard Business School.

Executive – Treasurer; Finance – Chair; Audit

Board Member since 1992
Robert L. DeNormandie is an independent director of various fund and non-fund entities and lives in Lincoln, Massachusetts. Mr. DeNormandie founded the Directors Office in Luxembourg in 2004 until his retirement in 2016. Previously, he served as Chief Financial Officer at Pioneer Global Asset Management, Unicredit Bank Group (2001-2003). Mr. DeNormandie worked for PricewaterhouseCoopers LLP (previously Coopers & Lybrand) (1977-2001), where he was admitted to the partnership in 1992. He and Eliana spent three years in Algeria with a “Peace Corps-esque” mainstream religious development organization, where his responsibilities included obtaining support from organizations in Europe and the US for development projects, recruitment of teachers, doctors and engineers and support for recruits working in Algeria. Mr. DeNormandie received a BA cum laude in Economics from Harvard College (1966), and a Fulbright from the Swiss government to study in Geneva, where he obtained a license in International Studies from the Graduate Institute of International Studies, University of Geneva (1968). He passed the CPA examination after receiving an MS in Accounting from the Northeastern University Graduate School of Professional Accounting (1978).

Long-Range Planning; Institutional Advancement Regional Subcommittee – US

Board Member since 2013
Madeline Demoulas works at Demoulas & Market Basket Supermarkets based in Tewksbury, Massachusetts. She is on the Store Operations Team and oversees 77 checkouts. She also manages the customer service program throughout the chain. Prior to joining her family business, she worked in the Human Resources Department at Admirals Bank. Ms. Demoulas enjoys being involved in the Boston community, and she currently volunteers as the Auction Chair for a local non-profit organization, known as Runway for Recovery. During her spring semester of 2011, she studied abroad at The American College of Thessaloniki. Throughout her four years at Boston College, she was a member of the board and staff of the student newspaper, “The Heights”. Ms. Demoulas served as the Local Sales Advertising Manager and wrote a weekly column. She is an avid sailor, and spent several summers teaching sailing on Cape Cod during high school and college. Ms. Demoulas attended high school at the Middlesex School in Concord, MA and graduated from Boston College with a BA in English (2012).

Executive; Board Governance; High School Oversight – Chair; CTY & Ancillary Activities

Board Member since 2010
Constantinos S. Constantinidis (‘81) is Managing Director and Vice-President of PELOPAC S.A. in Thessaloniki, Greece, a company manufacturing Greek and Mediterranean specialty foods for export markets, especially the US and UK. Mr. Constantinidis has participated in the summerhouse residences development “Ktima Constantinidis” in Halkidiki, Greece, and in other real estate projects. He is the Vice President of the Federation of Industries of Northern Greece (FING) and a member of the board of various NGOs. Mr. Constantinidis received a BSC in Mechanical Engineering from Queen Mary College, University of London (1984), and an MBA from the Columbia University Graduate School of Business (1986).

Executive Committee; Investment Committee; Long-Range Planning Committee

Board Member since 1981
John H. (Jack) Clymer has practiced with the Boston law firm of Nixon Peabody LLP and previously with Hutchins, Wheeler & Dittmar since 1965. Mr. Clymer is a member of the Massachusetts, Boston and American Bar Associations, and has been active on committees focused on estate planning, probate and non-profit organization matters. He is named in Best Lawyers in America, Trusts and Estates field, and is a fellow of the American College of Trust and Estate Counsel and a member of its Practice and Charitable Planning Committees. Mr. Clymer is a contributor to The Handbook of Estate Planning (Crumbley, ed., Dow Jones-Irwin, 1988), Massachusetts Probate Manual (Massachusetts Continuing Legal Education, 2003-2011), Massachusetts Non-profit Organizations (Massachusetts Continuing Legal Education, 2007-2011), and with two of his partners has written Massachusetts Estate Planning and Administration, a two-volume practice guide for professionals, published and supplemented annually by Lexis Publishing. Mr. Clymer is a director of Boston Private Bank and Trust Company. He serves as a trustee of Sofia American Schools, Inc. (Sofia, Bulgaria), and is the President of the Boston Bar Foundation. Mr. Clymer lives in Concord, Massachusetts, and currently serves on the town’s Historic Districts Commission. Mr. Clymer received a BA degree in American Civilization from Princeton University (1962) and a JD from Harvard Law School (1965).

Facilities Committee

Board Member since 2010
Panayotis M. (Notis) Bernitsas has been the Managing Partner of M&P Bernitsas Law Offices since 1984 and continues to have an active, broad-based commercial practice. He is particularly well known for his EU and Competition practice and has represented clients in many high profile cartel cases before the Greek Competition Commission. Mr. Bernitsas leads the Project Finance & Public-Private Partnerships (PPPs) team and has been heavily involved in the majority of the concession projects undertaken in Greece since the opening of the market, including all six motorway projects, advising concessionaires, lending banks and contracting authorities. He also led the firm’s teams which contributed to the development of the first legislative structure governing Project Finance by preparing a draft of the law on the granting and operation of concession projects for works and services on behalf of the Ministry of National Economy and the new law on PPPs. His vast experience in privatizations includes an impressive track record of involvement in many of the major and groundbreaking transactions which have taken place in Greece. Mr. Bernitsas’ dispute resolution expertise comprises representing his clients before the High Courts and in numerous arbitrations. He also acts as an arbitrator at the International Chamber of Commerce. Mr. Bernitsas was Assistant Professor and subsequently Associate Professor of International Economic Law, the Law of International Business Transactions and European Community Law at the University of Thrace (1983-2007). He has also served as Counsel to the Prime Minister on EU matters (1989-1990).

CTY & Ancillary Activities; Institutional Advancement Regional Subcommittee – US; Ad-Hoc Wellbeing – Chair

Board Member since 2012
Maria Behrakis is a community activist focused on education and Greek American philanthropy. A mother of three children, she has served as PTO President of the General John Nixon School, and also as a member of the School Advisory Council. In addition, Mrs. Behrakis is a member of the Hellenic Women’s Club, an association founded in 1936, which supports Boston area charities, and along with her husband she is active in Leadership 100, a Greek American service organization committed to preserving Hellenism and Orthodoxy in America. She also does volunteer work in support of the Behrakis Family Endowment at Boston College which was founded in 2001 for the advancement of Hellenic Studies and the promotion of travel abroad to Greece. In her previous professional career, she was with Putnam Investments and Fidelity Investments (1990-1997). Mrs. Behrakis received a BA in Economics with a minor in Computer Science from Brandeis University (1990).

ACT Oversight; Finance; Institutional Advancement; Institutional Advancement Regional Subcommittee - Greece - Chair; Long-Range Planning

Board Member since 2015
Dimosthenis (Dimos) Arhodidis (‘87) is the Chief Country Officer for Deutsche Bank in Greece. He previously was the General Manager and member of the Executive Board of Eurobank until 2019, was appointed Head of Global Markets & Wealth Management in February 2015. He joined Eurobank in 2001 as Head of Global Markets Sales and was appointed Head of Group Private Banking in 2008. His banking career started at Bankers Trust London in 1997. After the acquisition of Bankers Trust by Deutsche Bank, he worked in the Structured Credit Derivatives Group of Deutsche Bank London. He has also worked for strategy consulting firm Monitor Company on projects in the U.S.A., U.A.E. and Greece in 1995-96. Dimos received the M.A. and Ph.D. degrees in Business Economics (Ph.D. and MBA) from Harvard University and Harvard Business School on a full fellowship. He graduated Summa Cum Laude from Hamilton College where he received a double major in Economics and Mathematics. He received honors in both fields leading to his admission to the Phi Beta Kappa (ΦΒΚ) Academic Honor Society for excellent academic performance. He also spent a year as a visiting student at the London School of Economics.

Board Governance Committee; ACT Oversight Committee; Facilities Committee; Long-Range Planning Committee

Board Member since 2003
Lambros G. Anagnostopoulos led the 2011 recapitalization and serves as CEO of the London Stock Exchange (AIM)-listed SECURE Property Development and Investment Plc (SPDI), an income producing property company currently active in Romania, Bulgaria, Greece and Ukraine. In 2007, he founded SECURE Investments, a private equity platform investing in property projects in the same region. In 2000, he set up LAMDA Development, a real estate developer listed on the Athens Stock Exchange, where he served as CEO and Director from the company’s inception until June 2006. In parallel, he was party to setting up GRIVALIA (then EFG Properties), the leading Greek REIT, listed on the ASE, where he served as the Vice Chairman of the board until 2007. In the 1990’s Mr. Anagnostopoulos was an executive of the Latsis Group, based in Geneva, Switzerland, where, among others, he was director of the Group’s business planning. Between 1988 and 1992, Mr. Anagnostopoulos worked as a management consultant with Pugh-Roberts Associates, a division of PA Consulting Group, in the USA and Great Britain. He is a graduate in naval architecture, marine and mechanical engineering from the National Technical University of Athens (1986) and received post-graduate degrees in shipping at MIT (1988) and in management from the MIT Sloan School of Management (1989).

Board Governance Committee; Long-Range Planning Committee; Institutional Advancement Committee

Board Member since 1987
Dr. Peter S. Allen retired from Rhode Island College in 2014 after 42 years of teaching and is now Professor Emeritus of Anthropology. He specializes in the study of modern Greek society and has published numerous articles on the topic. Research awards include three Fulbrights, a large NEH grant and several other grants and fellowships. Dr. Allen has been active in many professional organizations. He served as Treasurer and Vice-President of the Modern Greek Studies Association, Treasurer and President of the Society for the Anthropology of Europe (a sub-group of the American Anthropological Association), and has held various offices, including President, in the local chapter of the Archaeological Institute of America. In collaboration with Nikiforos Diamandouros, Dr. Allen produced a bibliographic newsletter, Modern Greek Society, for more than 20 years and served as Editor of the Journal of Modern Greek Studies for three years (2007-2010). He also serves on editorial boards of several publications, including the Cyprus Review. Dr. Allen is a trustee of the College Year in Athens (an independent study abroad program) and trustee of the Public Archaeology Laboratory of Pawtucket, RI. He served a six-year term (1992-1997) on the Rhode Island Committee for the Humanities and four years on the Executive Board of the American Anthropological Association (2003-2007). Dr. Allen received a BA from Middlebury College (1966), an MA in archaeology from Brown University (1968), and a PhD in anthropology, also from Brown University (1973).