It came out on Thursday evening Ministry of Economy and Finance list for the renewal of the top management of participating companies, probably the last "round of appointments" for the current government. The Ministry of Economy and Finance has made important confirmations, such as the tandem Flavio Cattaneo CEO and Paolo Scaroni President of Enel, but also announced news, such as the controversial change at the top of Leonardo, which collapsed on the stock market after rumors about the departure of CEO Roberto Cingolani, only to recover in yesterday's session following rumors that Lorenzo Mariani would replace him.
Leonardo and Enav announce new developments, with Descalzi confirmed at Eni.
And in the end it was like this: Lorenzo Mariani, currently head of MDBA Italia, is the new CEO of Leonardo., with Francesco Macrì as president. Enav also has a new top management: Sandro Pappalardo from Ita Airways will take over as president and Igor De Biasio (current president of Terna) will be the new CEO.Eni confirmation for the CEO Claudio Descalzi, while the presidency arrives Josephine of Foggia (current CEO of Terna).
Enel's top management has been confirmed as mentioned. Specifically, the Ministry of Economy and Finance's list for Enel's board of directors It is composed as follows: Paolo Scaroni (president), Flavio Cattaneo (CEO), Alessandro Monteduro, Johanna Arbib Perugia, Federica Seganti and Tiziana de Luca. At this point Terna is missing from the roll call, following Di Foggia's move to Eni: the top management of the company that manages the national electricity grid is still to be redefined, with the meeting scheduled for May 12th and the deadline for filing lists set for April 17th.
The Eni and Leonardo lists in detail
For Eni the names are: Giuseppina Di Foggia (president), Claudio Descalzi (CEO), Matteo Petrella, Cristina Sgubin, Benedetta Fiorini and Stefano Cappiello. For Leonardo The list is composed of: Francesco Macrì (president), Lorenzo Mariani (CEO), Elena Vasco, Enrica Giorgetti, Rosalba Veltri, Trifone Altieri, Cristina Manara, and Francesco Soro. For Enav: Sandro Pappalardo (president), Igor De Biasio (CEO), Stella Mele, Stefano Arcifa, Antonella Ballone, and Cristina Vismara.
Cingolani's exit However, it has shocked the market and, as mentioned, caused more than a few jolts in the stock, which lost ground coinciding with the first rumours about the intention to replace the CEO. The now outgoing CEO, however, leaves behind a group in excellent health, having contributed in three years to increasing revenues and orders by 35% and to transforming the company financially, thanks to improved cash generation and a significantly reduced debt that is now under control, with a market capitalization that has grown by almost 8 times compared to the level of the group before the start of his mandate.
Who is the new ENAV CEO Igor De Biasio?
Milanese, 49 years oldIgor De Biasio moves from Terna to lead the National Civil Aviation Authority. Appointed to the board of directors of FITT (Fondazione Innovazione e Transfer Tecnologico) in 2023, he was reappointed as CEO of Arexpo SpA for the three-year term 2022-2025, after taking office for his first term in 2019.
He started very young as a consultant and then became 35-year-old manager at Philips, where he assumed international responsibilities in the Mediterranean area and subsequently became Commercial Director for Europe, Africa, and the Middle East for Moleskine. From July 2018 to October 2024, following a parliamentary appointment, he served on the board of directors of RAI. In December 2022, he was appointed by the President of the Republic as an Officer of the Order of Merit of the Italian Republic.
