Summary
Overview
Work History
Education
Skills
Affiliations
Interests
Timeline
Generic
MICHAEL STEFANIDIS

MICHAEL STEFANIDIS

Global Business Development Manager
Athens

Summary

Top 1% Global Business Development Executive with a proven track record in commercial maritime, naval and defence industries.

In my current role Increased Sales by 38% year-on-year, rising from $7.8 million 2024 to $11 million in 2025. Responsible for the business development of the company globally, closing 7-figure ($1M+) strategic deals from inception to execution. Excel at building and maintaining trusted C-suite and ministerial-level relationships with governments, defense organizations, and Fortune 500/A-tier multinationals across EMEA, North America, Asia-Pacific, and the Middle East.

Expert in drafting and negotiating complex 100+ page commercial, framework and consortium agreements and representation/agent agreements, with tier-1 global players such as Voith Group Germany, CSBC Corporation Taiwan, Naval Group France, Bertin Environics Finland, etc.).

Consistent ability to win preferred-partner status on flagship Hellenic and International Navy programs (FDI Belharra, MEKO MLU, Minehunters propulsion, CBRN, submarine battery cooling.

Repeatedly pioneered entry into new markets from zero, establishing local entities and generating revenue within months.

Design and deliver commercial strategies that consistently achieve substantial growth in new markets.

Involved and maintain an extensive network of 300+ ship-owning and management companies and senior maritime executives. Consistently exceed targets, drive profitability and create sustainable business opportunities through proactive, collaborative, and strategic execution.

Overview

12
12
years of professional experience
3
3
Languages

Work History

Global Business Development Manager

FARAD S.A
Athens, Greece
02.2023 - Current

Key Achievements (2024–2025)

Increased Sales by 38% year-on-year, rising from $7.8 million 2024 to $11 million in 2025.
Secured exclusive representation of Voith Schneider Propellers & Voith Turbo Universal Joint Shafts (Voith Group – €40 bn turnover) for Greece & Cyprus; appointed sole authorised partner for Hellenic Navy MEKO-class propulsion shaft refurbishment program (Nov 2025)
Single-handedly negotiated and signed €3 million contract with CSBC Corporation Taiwan for 2+2 shipsets of titanium battery cooling systems for submarines (50-page contract, Nov 2025)
Won 5-year repair & maintenance contract with Naval Group (France) for cooling systems on Hellenic Navy FDI Belharra-class frigates (Jul 2025)
Closed exclusive representation agreements with Bertin Environics (Finland – CBRN defence), Aginode Defence (France – military cables), WEKA Marine (NL), R.W. Fernstrum & Company (USA – keel coolers), becoming tier-1 supplier to Hellenic Armed Forces and shipyards
Turned ONEX Shipyards & Spanopoulos Group into strategic clients; currently bidding €11 million (heat exchangers) + €7 million (HVAC) for tugboat production lines and €1.5 million cooling package for Greece’s first 50 m hybrid yacht
Signed cooperation agreement with ASYAD Shipyards (Oman) – delivered 5,000+ technical inquiries and multiple firm orders within first year

Doubled FARAD’s global representative network (+6 countries in €500 k revenue and opened first-ever refinery business (Ashdod & Haifa)
Closed strategic cooperation with Quantum Europe (Spain) for small/medium desalination projects after delivering Board-level global market entry strategy
Leading advanced negotiations with SMS Group (Germany) for full heat-exchanger package on three e-fuel refineries in Finland and with MAN Energy Solutions France for nuclear aircraft carrier cooling systems

BUSINESS DEVELOPMENT EXECUTIVE

NEW HELLENIC SHIPYARDS, SALAMIS
09.2021 - 03.2023
  • Recruited to jumpstart the establishment of repairs and maintenance services for ocean-going vessels (Bulk carriers & Tankers up to 75.000MT) at the shipyard, which were previously non-existent
  • Over 60 vessels for repairs & maintenance in 2 two years
  • Establish new partnerships and attract ships to the yard for repairs by communicating and connecting with more than 200 potential clients and shipping companies.
  • Thyssen Krupp - Project leader & main contact person for the upgrade program of the frigates of Hellenic Navy. In contact with the multinational company, 80 Million project for the shipyard over 7 years
  • Israel Shipyards to co-produce OPV military vessels
  • Stadler Rail – To produce metal tanks, 2 Million project
  • Kewatec - Establish partnership to co-produce patrol boats for the Hellenic coast guard
  • Creating all marketing and communication materials including texts for presentations, website content, reference letters highlighting our projects
  • Drafted the contract for the utilization of our Panamax size floating dock from scratch and oversaw all cooperation contracts with our clients
  • Conducting the Cost analysis for all our projects in order to monitor profits
  • Delivering speeches in front of international maritime audience, for the KOREA MARINE EQUIPMENT ASSOCIATION

COMMERCIAL MANAGER

EXCELLENT YACHTING, MILOS
06.2019 - 08.2021
  • Developing and implementing commercial strategies to attract clients and increase revenue.
  • Overseeing the sales process, including negotiations, and closing deals.
  • Collaborating with other departments, such as sales/marketing and operations, to ensure seamless service delivery to clients.
  • Conducting market research and analyzing industry trends to stay up-to-date with the competition

SALES MANAGER

PATRIOT RISK MANAGEMENT, GLYFADA
09.2017 - 05.2019
  • My responsibilities involved meeting quarterly and annual goals related to maritime security services for a sizable international clientele comprising 200 shipping companies. I liaised with key account customers to identify sales opportunities, presented business proposals, and negotiated pricing. Additionally, I managed and supported customers, contracts, and database resources to ensure smooth operations.

COMMERCIAL & BUSINESS DEVELOPMENT DIRECTOR

EP MARINE GROUP, PIRAEUS
09.2015 - 09.2017
  • Within the first year, I established a thriving Rope Access Department by strategically planning and introducing innovative products and services. I focused on maximizing client retention and cross-selling opportunities while identifying niche markets and diversifying the range of innovative services offered. To ensure our competitive edge, I conducted regular market analyses and closely monitored our competition.

BUSINESS DEVELOPMENT MANAGER

PREMIUMFOCUS NAUTILUS, VOULA
05.2014 - 09.2015
  • Offered maritime security services to established shipping companies.
  • Developed solid business relationships with ship owning/managing companies.
  • Created and presented business proposals and negotiating pricing. Examined Competition. Monitoring and analysis of competition

Education

Tanker & Dry Bulk Chartering, S&P Ship-broking, Operations

INSTITUTE OF CHARTERED SHIPBROKERS
Piraeus
05.2016

BA - Business Studies

UNIVERSITY OF EAST LONDON
London
06.1997

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LONDON INTERNATIONAL COLLEGE
London
06.1993

Skills

Independently structured and closed 9-figure ($100M) strategic deals from inception to signatureBuilt and maintained long-term C-suite and ministerial-level relationships with governments, defense/military organizations, and Fortune 500 / A-tier multinational corporations across EMEA, North America, Asia-Pacific and the Middle EastDrafted, redlined, and negotiated complex 100 page commercial, framework, and consortium agreements (including NDAs, MoUs, EMAs, Regpesentation/Agent Agrements etcPioneered market entry into new countries from zero baseline, partner selection, local entity setup, and first-revenue generation within 12–18 monthsDesigned and executed multiple commercial strategies that consistently and market leadershipLed cross-functional teams in different global markets involving prime contractors, local partners and government entities

Affiliations

Member of “The International Propeller Club”, Port of Piraeus, Greece

Interests

Powerboat & Sailboat Skipper, Traveller, Mountaineering

Timeline

Global Business Development Manager

FARAD S.A
02.2023 - Current

BUSINESS DEVELOPMENT EXECUTIVE

NEW HELLENIC SHIPYARDS, SALAMIS
09.2021 - 03.2023

COMMERCIAL MANAGER

EXCELLENT YACHTING, MILOS
06.2019 - 08.2021

SALES MANAGER

PATRIOT RISK MANAGEMENT, GLYFADA
09.2017 - 05.2019

COMMERCIAL & BUSINESS DEVELOPMENT DIRECTOR

EP MARINE GROUP, PIRAEUS
09.2015 - 09.2017

BUSINESS DEVELOPMENT MANAGER

PREMIUMFOCUS NAUTILUS, VOULA
05.2014 - 09.2015

BA - Business Studies

UNIVERSITY OF EAST LONDON

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LONDON INTERNATIONAL COLLEGE

Tanker & Dry Bulk Chartering, S&P Ship-broking, Operations

INSTITUTE OF CHARTERED SHIPBROKERS
MICHAEL STEFANIDISGlobal Business Development Manager