Hassan Khosrowshahi

Chairman

Persis Holdings Ltd.

Hassan Khosrowshahi was born in Tehran, Iran in 1940. He was educated in Iran and England and obtained his degree in law and economics from the University of Tehran.

He joined his family company, the Minoo Industrial Group, in 1961. Minoo Industrial Group was a major manufacturer and distributor of food products, pharmaceutical and cosmetics with sales over US $350 million in 1978. Minoo Industrial Group produced products under its own brand names and under license for major international companies such as Beatrice Foods, Sandoz, United Biscuits, L’Oreal Group, Boots, and G.D. Searle. In addition, the Khosrowshahi family, through various companies which they controlled, had been the exclusive distributors for Nestle S.A. in Iran from 1954 until 1981.

Hassan immigrated to Canada in 1981 and founded the Inwest Group of Companies. Khosrowshahi is the Chairman of Persis Group of Companies. Khosrowshahi is married and he and his wife Nezhat have two children.