Ottó Sinkó

Member of the Board, Co-CEO

Biography

Born in 1958. In 1982 he earned a degree in electrical engineering from the Technical University of Budapest.
From 1982 he works for Medicor as a software development engineer, from 1983 he is a development engineer at Műszertechnika, – the the largest private computer firm in Hungary – followed by a department lead position in hardware and software development at the same. Between 1988 and 1990 he is the resident director of Műszertechnika’s US affiliate. As uncommon as it was inside the former Soviet bloc this affiliate was responsible for the US merchandising of hardware and software products developed in Hungary and contract manufactured in Taiwan, ironically then subject to COCOM regulations. He continues to remain a shareholder (and supervisory board member) of Műszertechnika to this day.
Between 1991 and 1994 he earned an English MBA and completed an executive training program at Harvard University in 1996.
From December 1991, that is from the beginning of privatization, he is a shareholder and executive leader of VIDEOTON Holding plc and a member of the Board. Starting from 1996, in a capacity of a chief executive role shared with Mr. Peter Lakatos he is in charge of the day-to-day and strategic management and leadership of Videoton. In this role his primary focus is managerial finance, investment and treasury decisions, asset management and investments including operational control of VIDEOTON subsidiaries. Under their joint leadership VIDEOTON has, in the last two decades, continuously enjoyed the position of the single largest and locally owned manufacturing company in Hungary. Since the 2008 credit crunch VIDEOTON has achieved outstanding growth with revenues having been doubled since and in terms of added value it is continously ranked amongst the top three EU-based contract manufacturers.
Occasionally he enjoys engaging himself for the community and in social duties and is an active sportsman and finds pleasure in playing squash and cycling. His hobbies include reading and contemporary, turn-of-the-century Hungarian painting. He is a patriot of his hometown Székesfehérvár, his charitable work and donations are extensive and he has been a long-standing supporter of Friar Csaba Böjte’s foundation for 15 years. He has three sons two of whom work at VIDEOTON.