Corporate boards

Corporate boards

The Group’s Board

The traditional model of governance and control adopted by Prysmian involves the presence of a Shareholders’ Meeting, a Board of Directors and a Board of Statutory Auditors. The Group’s Board comprises eleven directors, eight men and three women. Additionally, seven directors are considered independent pursuant to the Consolidated Finance Law (T.U.F.).

En - Investors - Corporate boards - Board of directors

 

Board of directors

 

He was born in Trento on August 22nd, 1964.

After receiving his degree in Business Economics in 1988 from the "Luigi Bocconi" University in Milan, he worked until 1993 in the Investment Banking division at Goldman Sachs London. From 1993 to 1994, he was personal assistant to the Chairman of the Istituto per la Ricostruzione Industriale [Industrial Reconstruction Institute] (IRI S.p.A.). In 1994, he returned to Goldman Sachs, where he became Partner Managing Director of the London Investment Banking Division and beginning in 2005, of the Milan Investment Banking Division. Between May 2006 and May 2008, he served as Undersecretary at Italy's Ministry of Economy and Finance. Having ended his service with the Ministry, he resumed his position as Partner Managing Director at Goldman Sachs London Investment Banking Division until July 2010. He is currently Chairman of ISA - Istituto Atesino di Sviluppo S.p.A. (since June 2012) and member of the Board of Directors of Italmobiliare S.p.A. (since June 2014). Among the main offices held in the past, there are those, of member of the Board of Directors of Sorin S.p.A. (since June 2010 to August 2015), Non-ExecutiveDirector of the London Stock Exchange Group (since September 2010 to August 2015), member of the Board of Directors – and then Chairman – of Borsa Italiana S.p.A. (since 2010 to August 2015), Chairman of the Cassa di Compensazione e Garanzia S.p.A. (since September 2013 to August 2015) and Chairman of Banca Monte dei Paschi di Siena S.p.A. (since September 2015 to November 2016),

He has been a member of the Prysmian Board of Directors since July 2010 and Chairman since April 2012. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

The Board of Directors has verified that Mr. Tononi meets the requirements set out in Article 148, paragraph 3 TUF to qualify as an independent director of the Company.

He was born in Arezzo on January 8th, 1957.

For five of over 17 years at Pirelli & C. S.p.A., he ran the Energy Cables and Systems business unit, including the 2002-2003 period when the Group went through a successful reorganization. Mr. Battista was awarded his degree in Mechanical Engineering at Florence University in 1981. In 1983, he began working at Uno A Erre Italia S.p.A. as Head of the Engineering Office. In September 1987, he joined the Operations Department in the Steel Cord business unit of the Pirelli Group in Figline Valdarno. In 1997, he was appointed Director of the Pirelli Tyre division's Steel Cord business unit, becoming divisional Purchasing Director in 2001. He became CEO of the Group's Energy Cables and Systems business unit in February 2002 and CEO of the Telecom Cables and Systems business unit in December 2004.

Since June 2014 he has been the Chairman of Europacable and since October 2015 he has been member of the Council Board of International Electrotechnical Commission.

He has been a member of the Prysmian Board of Directors since December 2005. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

He was born in Varese on August 1st, 1961.

He has a degree in Mechanical Engineering from the Polytechnic University of Milan and an MBA from SDA Bocconi. He started his career in the Pirelli Group in 1987 and held various positions in R&D and Operations over an 18-year period. After running the Business Development department between 2000 and 2002 covering the three Business Divisions of Tyres, Energy Cables and Telecom Cables, he was appointed as Operations Director of Energy Cables and Telecom Cables at Pirelli. In 2005 he was appointed as CEO of Prysmian UK and in January 2011 Chief Operating Officer of the Group, a post he held until 2014, when he became Executive Vice President Energy Projects and Chairman and CEO of Prysmian PowerLink S.r.l., where he is currently employed.

He has been a member of the Prysmian Board of Directors since February 2014. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

She was born in Milan on July 24th, 1968.

In over 20 years of her career in Italy and abroad, she gained significant management experience thanks to steadily increasing responsibilities, achieved by securing competitive advantages, market share, profits, sales growth and cost optimization for the businesses in which she has worked. She is skilled in managing mixed teams and complex business models, adapting them rigorously to local regulatory environments. Whilst studying Telecommunications Engineering at the University of Pavia with an Italtel scholarship, where she began work in 1991, she developed long distance transmission networks, moving between the AT&T Bell Laboratories in New Jersey and Milan. In 1994, she moved to EMC Italy. After an initial experience at the production facilities in Cork (Ireland), she initially managed and developed the Public Administration sales area, and then the Telecom area. In 1998, she was hired by Digital/Compaq/HP based in Munich, Germany, where she took on various responsibilities at the EMEA level, including that of Executive Director EMEA Global Services. In an entrepreneurial capacity, she started up and developed MetiLinx, a software company operating in Europe, opening branches in London, Milan and Munich in 2002. In 2004, Pirelli Broadband Solutions appointed her as Senior Vice President for global sales. She then joined Nokia Siemens Networks in 2007 as Global Head of Strategic Marketing. From 2010 to 2013 she was Deputy Chairman and Chief Executive Officer of Nokia Siemens Networks Italia S.p.A. and of Nokia Siemens Networks S.p.A., as well as Head of European Strategy and Business Development.

She has served as Vice Chair of the Executive Committee of the Global Mobile Supplier Association (GSA), and as a member of the Governing Council of Valore D. She has also chaired the Research and Innovation Group of the Foreign Investors' Committee in Confindustria (Italian industrial federation). She has earned an Executive Master’s degree in Strategic Marketing and Sales Techniques from Babson College, MA, USA, financed by EMC, and an Executive Master’s degree in Marketing Management from SDA Bocconi, financed by Compaq. In addition to a high school diploma in classical studies from LiceoParini in Milan, she has a High School Graduation diploma from Mount Pleasant High School in Wilmington, DE, USA.

She has been an A2A S.p.A. Management Board member from June 2012 to June 2014.

She has also served as an Independent Director of Sace S.p.A. since July 2013 to April 2015 and chairs its Compensation Committee.

She is currently a member of the Board of Directors of Saipem S.p.A., Banca Monte deiPaschi S.p.A., A2A S.p.A., Seat PagineGialle S.p.A. and FEEM (Fondazione Eni Enrico Mattei).

Since 2013, she has also served as a Global Female Leadership Summit Advisory Board member.

She has been a member of the Prysmian Board of Directors since April 2012. She was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

The Board of Directors has verified that Mrs. Cappello meets the requirements set out in Article 148, paragraph 3 TUF and in Articles 3.C.1 and 3.C.2 of the Code, qualifying her as an Independent Director of the Company.

He was born in Milan on July 31st, 1954.

He graduated in 1978 in Economics and Monetary and Credit at the University of Economics and Business "La Sapienza" of Rome. After graduation he began his work experience at Studio Boccolini, dealing with consulting in fiscal and tax matters. In 1979, Procter & Gamble is an experience in Italy at the Department Advertising and Budget Control. From 1979 to 1984 he worked at the Banca Nazionale dell’Agricoltura in the General Service Department of Marketing and Performance Branch. Subsequently, from 1984 to 1994, he worked for the Cassa di Risparmio di Roma Group, initially at Compagnia Internazionale Investimenti S.p.A. and then, in 1988, assuming the position of CEO of CominvestGestioni S.p.A., which specializes in asset management services. From 1994 to 2000, he worked at Citibank N.A. in Private Banking Group area, assuming the positions of Vice President responsible for Italy's Private Banking Group, and then CEO of Cititrust S.p.A.. In June 2000 he joined to Finaf S.p.A. (Holding of the Angelini Group) in which he holds the position of CEO with responsibility for Finance Area. Itisalso CEO of Angelini Partecipazioni Finanziarie S.r.l..

He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the shareholder Clubtre S.p.A., which obtained the second highest number of votes after the Board of Directors' slate.

The Board of Directors has verified that Mr. Capponi meets the requirements set out in Article 148, paragraph 3 TUF and in Articles 3.C.1 and 3.C.2 of the Code, qualifying him as an Independent Director of the Company.

She was born in Turin on July 20th, 1967.

Graduated in Electronic Engineering at the Politecnico of Torino in 1992 with honors.
In 1993 she joins Magneti Marelli as Production Engineer in the Electronics Division based in Pavia (Italy). In 1996 she joins the French Alternative Energies and Atomic Energy Commission (CEA) with the mission to develop collaborations with Italian companies. As a consequence of one of the most successful collaborations, with ST Microelectronics, in 2001 she joins STM as Business Development Manager for the Telecom Wireline Division based in Agrate Brianza (Italy).

In 2003 she becomes Strategic Alliances Director of Advanced System Technology Group and moves to the headquarters in Geneva. In 2004 she becomes Group Vice President in charge of the Systems and Business Development Division of the Wireless Group.

In 2006 she becomes General Manager of the Home Video Division and in 2007, in conjunction with the change of business model of the Wireless customers and the advent of the smartphone, she becomes General Manager of the Wireless Multimedia Division with a turnover of over one billion dollars, where she operates a successful transformation of the product portfolio and the business model. She is one of the architects of the acquisition of NXP-Wireless and the establishment of the joint venture with Ericsson.She leaves ST-Ericsson in 2010 and newly joins ST Microelectronics putting her business experience at the disposal of the Corporate programs first as Group VP Corporate Organizational Development and then as Corporate Strategy and Mergers and Acquisitions.

In 2015 she joins Infine on as Vice President Industrial Microcontrollers based in Munich (Germany) where she operates a turnaround of the business line.

End 2016 she joins Octo Telematics as Chief Operations Officer of the subsidiary Mobility Solutions providing services at the intersection of the new technology, the sharing economy and the automotive.

She served on the Board of Directors of several startups in the years 2010-2014.

In February 2016 she joins the Board of Directors of Stevanato Group and in April 2016 the Board of SNAM S.p.A.

She was elected to his current position of Director of Prysmian S.p.A. by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

The Board of Directors has verified that Mrs. de Virgiliis meets the requirements set out in Article 148, paragraph 3 TUF and in Articles 3.C.1 and 3.C.2 of the Code, qualifying her as an Independent Director of the Company.

He was born in Milan on September16th, 1962.

After graduating from the Luigi Bocconi University in Milan with a degree in Corporate Finance in 1986, he began his career at Ernst &Whinney in the UK. He then joined the Pirelli Group in 1988. After five years in the Group’s Treasury department, in 1993 he embarked on a long period of international experience in the Administration, Finance and Control areas of the Pirelli Group’s tyre subsidiaries in Brazil, Spain and Germany. In fact, between 1996 and 2000, he held the position of Chief Financial Officer of Pirelli Neumaticos S.A. in Spain and then of Chief Financial Officer of Pirelli Deutschland A.G. in Germany. In 2000, he became Director of Administration, Planning and Control at Pirelli S.p.A. In 2001, he was appointed General Manager of Administration and Control at Pirelli S.p.A., a role he has maintained in the holding company Pirelli & C. S.p.A. since its merger with Pirelli S.p.A. in August 2003. From November 2006 until September 2009, he was General Manager and Chief Operating Officer of Pirelli & C. S.p.A. and was also a member of the Board of Directors of Pirelli Tyre S.p.A. and Chairman of Pirelli Broadband Solutions S.p.A. In addition, from December 2008 to May 2010, he was Managing Finance Director at Pirelli Real Estate and from June 2009 to May 2010 Executive Chairman of Pirelli Real Estate Credit Servicing S.p.A.

He has sat on the Boards of Directors of RCS Media Group S.p.A and Assicurazioni Generali S.p.A. He has also been a member of the Management Board of Banca Popolare di Milano S.c.a.r.l. and a Senior Advisor to McKinsey.

Currently he is CEO of Artsana Group and Chairman of the Board of Directors of Star Capital SGR S.p.A. (formerly Efibanca Palladio SGR).

Between 2002 and June 2008, he was a member of the International Financial Reporting Interpretations Committee (IFRIC), set up by the International Accounting Standards Board (IASB). He has also been a member of the European Financial Reporting Advisory Group (EFRAG).

He has been a member of the Prysmian Board of Directors since July 2010. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

The Board of Directors has verified that Mr. De Conto meets the requirements set out in Article 148, paragraph 3 TUF and in Articles 3.C.1 and 3.C.2 of the Code, qualifying him as an Independent Director of the Company.

She was born in Rome on July 18th, 1960.

She graduated in Natural Sciences in 1984 at the University "La Sapienza" of Rome. After a first experience in research, she joins Rank Xerox where, from 1986 al 1989, she held technical and commercial roles. In 1989 she became marketing manager at Apollo Computer, until October 1989 when, as result of an acquisition, she joins Hewlett Packard, where she remains until December 2010. In Hewlett Packard she diversifies her experience, both in Italy and abroad, holding roles of increasing responsibilities in sales, marketing, services, software, general management.

In January 2011 she joins Philips as Vice President & General Manager Lighting Italy, Greece and Israel. In 2013 she is appointed Senior Vice President & General Manager Lighting Europe.

From 2011 till 2015 she is President of Luceplan and President of Iltiluce. From 2013 to 2015 she is also CEO of Iltiluce.

She was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

The Board of Directors has verified that Mrs. Mariani meets the requirements set out in Article 148, paragraph 3 TUF and in Articles 3.C.1 and 3.C.2 of the Code, qualifying her as an Independent Director of the Company.

He was born in Lugo (RA) on August 4th, 1967.

After receiving his degree in Business Economics in 1991 from the "Luigi Bocconi" University in Milan, his initial work experience was at Nestlè Italia, where from 1991 to 1995, he held different posts in the Administration and Finance area. From 1995 to 2001, he worked in several companies in the Panalpina Group, holding the position of Regional Financial Controller for Asia and the South Pacific and Head of Accounting, Finance and Control for Panalpina Korea (Seoul) and Panalpina Italia TrasportiInternazionali S.p.A. In April 2001, he was appointed Finance Director at Fiat Auto Consumer Services' business unit, leaving in 2003 to become CFO at the Benetton Group, a post he held until November 2006.

He has been a member of the Prysmian Board of Directors since February 2007. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

He was born in Rho (MI) on August 25th, 1955.

He earned his degree in Electronic Engineering at Milan Polytechnic University in 1979 and then an MS and later a Ph.D. in Electronic Engineering and Computer Sciences from the University of California, Berkeley, in 1986 and 1989 respectively. Mr. Romeo began his career in 1981 at Tema (part of the ENI Group) as a designer of control systems for chemical plants. He moved to Honeywell in 1982 as a Member of Technical Staff and later Technical Advisor to the Honeywell CEO. He became Innovation Manager at Magneti Marelli's Electronics division in 1989. In 1995, he was appointed Managing Director at Magneti Marelli's Rear-view Mirrors Division, where in 1998, he took over the same position at the Electronic Systems Division. In 2001, he moved to the Pirelli Group as Director of the Truck division at the Pirelli Tyre business. A year later, he took up the post of Utilities Director at the Pirelli Cables Division. In December 2004, he became Head of the Group's Power Cables and Systems Business Unit, a position he held until December 2013 when he assumed the role of Head of Corporate Strategy and Development.

He has been a member of the Prysmian Board of Directors since February 2007. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the Board of Directors, which obtained the majority of votes.

He was born in Rome on April 21st, 1954.

He graduated magna cum laude in Economics and Business from La Sapienza University in Rome. He is the founder and Chairman of TIP – Tamburi Investment Partners S.p.A., a company listed on the Italian Stock Exchange STAR segment and an independent investment/merchant bank focused on developing outstanding mid-size Italian listed corporations. He has been active in corporate finance since 1977, first at the Bastogi Group and then, from 1980, at Euromobiliare (Midland Group - Hong Kong & Shanghai Bank), later becoming Director and Deputy General Manager of Euromobiliare S.p.A., Director of Banca Euromobiliare S.p.A. and of other companies in the group and Managing Director of Euromobiliare Montagu S.p.A., the group's investment bank. Currently, in addition to his position as Chairman and Chief Executive Officer of TIP, he is a Director on the Boards of Amplifon S.p.A., Interpump S.p.A. and ZignagoVetro S.p.A. He was a member of the commission to study Law 35/92 set up by the Finance Ministry (the so-called Privatisation Commission) and a member of the advisory board for privatisations for the City of Milan. He was Professor of Corporate Finance at LIUC (Castellanza - Varese) and of Special Finance at LUISS University in Rome. He is the author of the textbook, “Comprare un'azienda, come e perché” [ Buying a Company, How and Why ] and the co-author of the textbooks: “Privatizzare, scelte, implicazioni e miraggi” [ Privatisation, choices, implications and mirages ], “Metodi e Tecniche di Privatizzazione” [ Methods and Techniques of Privatization ], “Privatizzazioni e Disoccupazione, i Poli di Sviluppo Locale” [ Privatisations and Unemployment, Local Development Clusters ],“Privatizzare con il Project Financing” [ Privatising with Project Financing], di “Azionariato dei dipendenti e Stock Option” [ Employee Share Ownership and Stock Options ], “Finanzad’impresa” [ Business financing ] and “Corporate Governance”. He is also a columnist for major national newspapers.

He has been a member of the Prysmian Board of Directors since April 2012. He was elected to his current position by the Shareholders' Meeting on 16 April 2015 from the slate submitted by the shareholder Clubtre S.p.A., which obtained the second highest number of shareholder votes after the Board of Directors' slate.

The Board of Directors has verified that Mr. Tamburi meets the requirements set out in Article 148, paragraph 3 TUF and in Articles 3.C.1 and 3.C.2 of the Code, qualifying him as an Independent Director of the Company.

EN - Corporate Boards - note

(1) Independent Director as for Unified Financial Act – Italian Legislative Decree no. 58/1998 (T.U.F.).

(2) Independent Director as for both Unified Financial Act – Italian Legislative Decree no. 58/1998 (T.U.F.) – and Self-Regulatory Code for Listed Companies by Borsa Italiana S.p.A.

EN - Investors - Corporate Boards - Board of statutory auditors

Board of statutory auditors

 

He was born in Milan on September 28, 1946.

He holds a degree in Economics and Business, obtained in 1970, from the University of Pavia. He qualified as a certified accountant in 1977 and has been an authorised statutory auditor since 1995. From 1970 to 1977, he worked as an auditor for Peat Marwick & Mitchell (now KPMG). From 1977 to 1981, he worked as an auditor for FIDIMI S.p.A., a company that merged in 1982 with Reconta Touche Ross, now known as Ernst & Young, where he held the position of auditor partner from 1982 until 2010, providing audit services to major listed and unlisted groups, such as Italgas, Edison, Gemina, Aem Milano, Campari, RCS Editori, SNIA, Mondadori and Pirelli. In this position, he was the author of important fairness opinions issued in accordance with the law and gained extensive experience in acquisitions of companies and/or businesses by Italian groups, as well as in the listing of Italian companies on the Milan Stock Exchange. From 2005 until 2010, he was Chairman of Ernst & Young S.p.A., as well as Country Managing Partner of the Ernst & Young Italian network and Ernst & Young Mediterranean Sub Area Managing Partner (Italy, Spain and Portugal). In July 2010, he was one of the founders of the Libroia Gallo D'Abruzzo firm of tax, legal and corporate advisors. Since January 2015, he has been a partner of the Leo Libroia e Associati firm of tax, legal and corporate advisors. Currently, among the more significant offices he holds are Chair of the Board of Statutory Auditors at Davide Campari Milano S.p.A., Ethica Corporate Finance S.p.A. and SELMABIPIEMME Leasing S.p.A., Standing Auditor at Alerion Clean Power S.p.A., COMPASS S.p.A., and Member of the Board of Directors at Duemme SGR S.p.A.

Elected to his current position by the Shareholders' Meeting on 13 April 2016 from the slate jointly submitted by a group of shareholders comprising asset management companies and institutional investors, which received the second highest number of votes at the Shareholders' Meeting.

Born in Reggio Emilia on October 18, 1968.

Graduated cum laude in Business (Bocconi University) and in Law (UniversitàStatale, Milan).

Admitted to the Italian Bar.

She is an Italian Chartered Accountant (“DottoreCommercialista”) and an Italian Accountant Auditor (“RevisoreContabile”).

Since 2004 she is equity partner of TremontiVitaliRomagnoliPiccardi e Associati, which she joined, as law and tax consultant, since 1998, after a five-year experience at Studio TributarioDeiure.

She is lecturer of Commercial Law at the faculty of Economics of Insubria University.

Elected to her current position by the Shareholders' Meeting on 13 April 2016 from the slate submitted by the shareholder Clubtre, which obtained the majority of votes in the Shareholders’ Meeting.

He was born in Milan on May 16, 1958.

He earned his degree in Economics and Business, with a specialisation in Business Administration, at the UniversitàCattolicadelSacroCuore (Sacred Heart Catholic University) in Milan. He is a registered professional accountant and a member of the Register of Auditors and has been a visiting lecturer at the faculty of Economics and Business of the University of Trento (from 1993 to 2001) and of the University of Pavia (since 1995). After beginning his career in his father's practice, he joined the law firm of "Paolo Maria Tabellini and Associates" in 1990 as an associate. In 2000, he founded a professional association, primarily serving companies and/or groups, including those under reorganisation, expansion and restructuring. He holds and has held positions as Director and Statutory Auditor in industrial and financial companies, including listed companies.

Elected to his current position by the Shareholders' Meeting on 13 April 2016 from the slate submitted by the shareholder Clubtre, which obtained the majority of votes in the Shareholders’ Meeting.

She was born in Fano (PU) on February 3, 1970.

She earned her degree in Business Economics in 1993 from the "Luigi Bocconi" University in Milan and a Master of Arts in Industrial/Organizational Psychology in 2002, from New York University's Graduate School of Arts and Science in New York, NY, in the United States.

 She has worked as a professional accountant since 1994, in Milan, where she owns her own practice, which provides accounting, corporate, and tax advisory services. She has been an authorised statutory auditor since 1999. She is also a UK Bylawsed accountant, having been admitted to the Institute of Bylawsed Accountants of England and Wales (London, United Kingdom) in January 2013. From 2010 to 2014 she was a member of global IFRS SME Implementation Group, instituted at the IASB in London, UK; since 2011 she has been a member of European EFRAG SME Working Group, instituted at the EFRAG in Brussels, Belgium; since 2015 she has been a member of the SME Reporting Task Force a part of the "Financial Reporting Policy Group" of the FEE in Brussels, Belgium; since 2015 she has been a member of the working group on national accounting standards at the OIC in Rome, Italy. She is Chairman of the Accounting Standards Commission of the Milan Professional Accountants Association. She also writes extensively about national and international accounting standards for several Italian publishers, including in particular IPSOA Wolters Kluwer, EGEA and Giuffre. She is currently in office as a member of the board of statutory auditors, among others as Chair at F.I.L.A. S.p.A., Carrara S.p.A. and Fultes S.p.A., and as an ordinary member at Inalca SpA, Synopo SpA, Pentagramma Perugia S.p.A., Sabre Italia Srl, and OttanaPolimeri S.r.l. She is also sole statutory auditor at GE Lighting Srl.She was Chairman of the Board of Statutory Auditors of Fiat Industrial S.p.A. until 30 September 2013 and a standing auditor with AnsaldoEnergia SpA until 3 December 2014.

Elected to her current position by the Shareholders' Meeting on 13 April 2016 from the slate jointly submitted by a group of shareholders comprising asset management companies and institutional investors, which received the second highest number of votes at the Shareholders' Meeting.