Yunpeng He is the new non-executive director of Terna. The board of directors of the Italian company, which met today with the chairmanship of Catia Bastioli, co-opted He, to replace the outgoing director Simona Camerano, on the proposal of the relative majority shareholder CDP Reti SpA, with a resolution approved by the Board of Statutory Auditors and taking into account the assessment positive opinion of the Appointments Committee.
Yunpeng He's entry into Terna's Board of Directors is a direct emanation of the Chinese presence in Cdp Reti, 35% owned by the Dragon giant State Grid. THEDirector He, who is a member of the Board of Directors of CDP Reti SpA and was found to meet the requirements for the office, declared that he did not meet the independence requirements.