Demetri Paneras

Global CIO at IPG Mediabrands

Demetri Paneras is the current Global CIO at IPG Mediabrands. Prior to this, they were with Velti from October 2009 to January 2014, where they held various positions including SVP of the Performance Marketing Business Unit, General Manager of Velti Athens, and Global CIO.

Under their leadership, the Performance Marketing Business Unit grew from 250 employees and $90m revenue to a peak of 1,400 employees and $270m revenue. This included a successful IPO on the NASDAQ in 2011. Demetri was also responsible for the due diligence and integration of seven companies that were acquired in the US, UK, India, and China.

As VP of IT and then SVP and finally Global CIO, they built and managed an IT team of 100 spread across North America, Europe, and Asia operating in 16 countries and delivering services across 18 time zones. Demetri established SOX compliance and successfully passed Audit for all of IT and infrastructure, including Financial Systems.

In their role as General Manager in Athens, they were responsible for 500 employees from all business and corporate service units. Demetri managed facilities, administration, and HR for the site, as well as downsizing by 40% in 2013.

Demetri Paneras holds a Master of Science in Electrical Engineering from Boston University and a Bachelor of Science in Electrical Engineering from Clarkson University.

Demetri Paneras works with Scott Russell - U.S. COO, Mediabrands & Global President, Rapport, Marlene Pelage - Global CFO, and Thea Winarsky - EVP, Global Legal & Business Affairs. Their manager is Daryl Lee, Global CEO.


  • Global CIO

    Current role