1. Vienna, January 2007
REFERENCES
Despina Savvaki is employed in the position of Financial Manager in a sister
company of YORK International Corporation, which is the largest independent
supplier of Heating, Ventilation, Air Conditioning and Refrigeration in the world.
Shares of YORK are quoted on the New York Stock Exchange (NYSE) and YORK is
in the middle of the Fortune 500 listings.
During the period of employment Despina has significantly improved the reporting
system and the NCE by decreasing receivables by around 48%. She was also
heavily engaged to re-organize the Finance Department in a very professional way.
Despina has optimized the business risks and she has also started with the
implementation of US GAAP rules and YORK Policies. Additionally she has
successfully implemented the Sarbanes Oxley Act 404. Despina permanently
improves the activities for her responsibility and supports other managers in their
strategic and daily jobs. On top of that Despina is a business partner and always
ready to state her own opinion even in a difficult environment.
Despina’s personal contribution, engagement, loyalty and commitment makes her a
very valued member of the team.
With regards
Robert Loidolt
Financial Director
YORK INTERNATIONAL
Austria & Central Eastern Europe
rloidolt@at.globalrefund.com
Mobile: +43 664 532 09 89.