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Telecom Italia SpA (TLITn.MI)

TLITn.MI on Milan Stock Exchange

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Summary

Name Age Since Current Position

Fulvio Conti

72 2018 Non-Executive Independent Chairman of the Board

Luigi Gubitosi

58 2018 Chief Executive Officer, General Manager, Executive Director

Giovanni Ronca

2019 Chief Financial Officer

Sami Foguel

2018 Chief Executive Officer TIM Brasil

Agostino Nuzzolo

51 2019 General Counsel, Executive Vice President - Legal and Tax, Secretary to the Board of Directors

Elisabetta Romano

56 2018 Chief Technology Officer

Stefano Azzi

2019 Chief Consumer Officer

Mario Di Mauro

48 2019 Head - Innovation & Customer Experience

Lorenzo Forina

2019 Chief Revenue Officer

Stefano Grassi

59 Head - Security

Daniele Gulinatti

48 Head - Audit Department

Luca Josi

2019 Head - Brand Strategy, Media and Multimedia Entertainment

Giampaolo Leone

Head - Compliance Department

Roberto Mazzilli

53 2012 Head - IT & Security Compliance

G Moglia

Chief Regulatory Affairs Officer

Carlo Nardello

55 2019 Chief Strategic, Development & Transformation Officer

F Rigoni

Head - Procurement

Francesco Russo

Head - Public Affairs

Luciano Sale

2019 Head - Human Resources & Organizational Development

Stefano Siragusa

43 2018 Chief Wholesale Infrastructures Network & Systems Officer

Anna Spinelli

2018 Head - Procurement Unit & Real Estate

Raimondo Zizza

55 Head - Information Technology and Digital Solutions

Dante Roscini

60 2018 Lead Non-Executive Independent Director

Amos Genish

58 2018 Non-Executive Director

Arnaud Roy de Puyfontaine

55 2018 Non-Executive Director

Alfredo Altavilla

56 2018 Non-Executive Independent Director

Paola Bonomo

50 2018 Non-Executive Independent Director

Giuseppina Capaldo

50 2018 Non-Executive Independent Director

Maria Elena Cappello

50 2018 Non-Executive Independent Director

Massimo Ferrari

58 2018 Non-Executive Independent Director

Paola Giannotti De Ponti

56 2018 Non-Executive Independent Director

Marella Moretti

53 2018 Non-Executive Independent Director

Lucia Morselli

63 2018 Non-Executive Independent Director

Rocco Sabelli

54 2018 Non-Executive Independent Director

Michele Valensise

67 2018 Non-Executive Independent Director

Carola Bardelli

2019 Head of Investor Relations

Biographies

Name Description

Fulvio Conti

Mr. Fulvio Conti serves as Non-Executive Independent Chairman of the Board of the Company. He is currently sole Director of FAS Partners S.r.l., a financial strategic investor and advisor. He is also Chairman of Innova Italy.1, a SPAC listed company, promoter and board director of the Fondo Efficienza Energetica SGR S.p.A., and serves as Chairman of SGI (Società Gasdotti Italiani). From 2014 he is Senior Advisor of the investment fund MIRA (Macquarie Infrastructure and Real Assets), Europe Ltd. He was Chief Executive Officer and General Manager of Enel from 2005 to 2014. He joined Enel in 1999 as Chief Financial Officer and led the most important financial transactions of the Group in the recent years, such as the IPO of Enel, Terna and Enel Green Power, and Enel 2 and Enel 3 Global Offerings. As CEO he led Enel’s international expansion. He finalized the successful takeovers of Endesa SA, the leading power company in Iberia and South America, of the genco OGK-5, the first company’s acquisition made in Russia from a foreign group, and of Slovenské elektráne, the Slovak power utility. He also finalized the formation and further listing of Enel Green Power. He held the position of President of Eurelectric in the years 2011 - 2013. He has broad international experience having worked in several industries for major international companies in Belgium, United Kingdom and USA. He started his career in 1969 joining Mobil Oil. In 1989 he was appointed Financial Director at Mobil Oil UK, in London, after holding different positions in oil, chemical and plastic sectors. In 1991 he covered the position of Chief of Administration, Finance and Control of Campbell in London and Brussels. In the same year, he moved to Montecatini, as Chief Financial Officer and in 1993 he was promoted to the role of Finance Director of the Holding Montedison-Compart, where he actively participated to the plan of restructuring Ferruzzi Group.

Luigi Gubitosi

Mr. Luigi Gubitosi serves as Chief Executive Officer, General Manager, Executive Director of the Company. He studied at the London School of Economics and obtained a Law degree at Naples University and a Master in Business Administration at I.N.S.E.A.D. Fontainbleau (France). He has been Vice Chairman of Confindustria Servizi Innovativi e Tecnologici (CSIT) and of Asstel and a member of the Tax and Corporate Governance Committee of Confindustria. He has been member of the Organising Committee for the Turin 2006 Chess Olympiade and member of the Board of Directors of Cometa (Pension Fund of metal workers), F2i Sgr e Maire Tecnimont. From 1986 to 2005 he held several offices within the Fiat Group: Chief Financial Officer, Administration Director and Group Treasurer; he has been Chairman of the Board of Directors of Fiat Partecipazioni and member of the Board of Directors of Fiat Auto, Ferrari, Iveco, Itedi, Comau and Magneti Marelli. In 2005 he joined Wind Telecomunicazioni as Chief Financial Officer, being appointed CEO from 2007 to 2011. From November 2011 to July 2012 he was Country Manager and Head of Corporate and Investment Banking of Bank of America Merrill Lynch Italy. From July 2012 to August 2015 he has been General Manager of RAI. He has been Chairman of the European Advocacy Committee of the CFA Institute and Independent Director of TIM S.p.A. from May to November 2018. In November 2018 he has been appointed Chief Executive Officer and General Manager of Telecom Italia.

Giovanni Ronca

Sami Foguel

Mr. Sami Foguel serves as Chief Executive Officer TIM Brasil of the Company. His latest professional challenges were as Vice-President of Costumer Operations and Cargo Chief Officer of Azul Airlines, since 2014, and as Chief Operating Officer at TAP Air Portugal, since 2017. In addition, he also served for five years as Vice-President of Products, Segments, CRM and Customer Experience of Banco HSBC in Brazil and for more than 10 years as Associate Partner and other positions at Mckinsey & Company. He is graduated in Engineering from Universidade Estadual de Campinas (Unicamp) and holds an MBA from the University of Michigan.

Agostino Nuzzolo

Mr. Agostino Nuzzolo serves as General Counsel, Executive Vice President - Legal and Tax, Secretary to the Board of Directors of the Company. From July 2016 to January 2017 he held the position of General Counsel, Operational Director and Secretary of the Board of Directors in Italmobiliare S.p.A. From February 2016 to June 2016 he was Human Resources, Organization and Information Technology Director (ad interim and in addition to the General Counsel position) in Italcementi Group. From September 2014 to June 2016 he was Legal, Corporate, Tax and Compliance Director (General Counsel) of Italcementi Group. From May 2008 to September 2014 he was Legal, Tax and Compliance Director of Italcementi Group and from May 2006 to May 2008 Tax Manager of Italcementi Group. From July 1986 to May 2006 he served in Guardia di Finanza (Bergamo) where he started as officer cadet at the Military Academy (1986-90). During his career he was in charge of managing and supervising the daily activities and inspections for the purpose of combating tax and finance criminal activities as well as training of military cadet and other personnel in the Academy, lately assigned both to national and international units and operations. In the last appointment he served as Lieutenant Colonel, Head of Analysis and Studies within the Commanding General. Adjunct Professor, in International Taxation at University of Bologna, Italy (School of Economics, Management and Statistics), for 2013/14, 2014/15 and 2015/16 academic years and adjunct professor in International Taxation at University of Roma Tre for 2010/2011 academic year, he took part in seminars and conventions organized by the main companies operating in the sector (Paradigma, Business International) in tax matters, criminal liability of legal persons and company law.

Elisabetta Romano

Stefano Azzi

Mario Di Mauro

Lorenzo Forina

Stefano Grassi

Daniele Gulinatti

Luca Josi

Giampaolo Leone

Roberto Mazzilli

Mr. Roberto Mazzilli serves as Head - IT & Security Compliance of Telecom Italia SpA since February 8, 2012. After getting a degree in Electronic Engineering, he started his professional career in Industrial Services in Bari in 1994, later joining Telecom Italia’s Business Division in Milan for Top Clients Planning. In 1998 he entered Omnitel, Information Technology, and in 1999 was appointed Head of the Software Factory and Client Management in Omnitel2000. From 2000 to 2001, he was in charge of OSS Systems in Albacom and Member of the OSS Steering Group in British Telecom. In 2001 he became Head of the Infrastructures Development Division in Sequenza SpA and in 2002 joined Fiat SpA as Vice-President Security & Telecommunications. He was also appointed to the Board of Directors of Atlanet SpA. He also undertook the operational roles of Chief Technology Officer and Information System Security Officer in Fiat Auto SpA. In 2005 he entered the Telecom Italia Group, where he was appointed to increasingly roles: as Head of IT Risk Management in the Group IT Governance, in 2007 he was appointed to Head IT Risk & Security Governance, among others.

G Moglia

Carlo Nardello

F Rigoni

Francesco Russo

Luciano Sale

Stefano Siragusa

Anna Spinelli

Raimondo Zizza

Dante Roscini

Mr. Dante Roscini serves as Lead Non-Executive Independent Director of the Company. Since 2008 Dante is a member of the Faculty of Harvard Business School in the “Business, Government and the International Economy” department. In 2011, Harvard awarded him the L.E. Simmons Fellowship. Before his academic career, he held for twenty years senior positions at three leading US investment banks. In such roles, he assisted companies and governments in numerous countries and sectors in planning and executing financial transactions such as capital increases, privatizations, initial public offerings, global equity and fixed income offerings and mergers and acquisitions. He was the first Italian Associate hired by Goldman Sachs where he worked in New York and London from 1988 to 1999. Promoted to Managing Director in 1996 he ran the European Capital Markets Division. In 1999, Merrill Lynch offered him the role of Head of the Global Capital Markets Division and of the Financing Group. In 2005, he accepted the position of Chairman of Capital Markets of Morgan Stanley, CEO of Italy, and board member of Morgan Stanley International Bank. He is currently Chairman of Credimi, an Italian FinTech startup; Board member and Chairman of the Remuneration Committee of Kairos, a Julius Baer Group company; President of the advisory board of IDeA Corporate Credit Recovery fund. He is a member of the Scientific committee of the Centro Studi Confindustria; International advisory board of Akbank; Strategic committee of Nevastar Finance; American Economic Association; National Association of Business Economics; Minda de Gunzburg Center for European Studies at Harvard; Strategic advisory board of the BIDMC Hospital Cancer Center. He has been a board member of SACE and of Promethean Group Ltd, a company formerly listed on the London Stock Exchange for which he was Chairman of the Remuneration Committee.

Amos Genish

Mr. Amos Genish serves as Non-Executive Director of the Company. From the beginning of 2017 through to July of the same year, he had the responsibility of Chief Convergence Officer in Vivendi. In this role he oversaw the convergence strategy between content, platforms and distribution. Until the end of 2016, Amos Genish was CEO of Telefonica Brasil / Vivo (over 20 bln€ market cap at time). During his tenure, Telefonica Brasil / Vivo has outperformed the Brazilian telecom market in revenue and EBITDA growth, as well as in total shareholder returns. In 2016, Amos was ranked as Latin America’s best CEO in the Technology, Media and Telecommunications industry by Institutional Investor. Amos joined Telefónica at the beginning of 2015, when it acquired GVT, an innovative and fast-growing telecom and Pay TV operator, of which he was CEO. Amos co-founded GVT. CEO since 1999, he led the successful bid for the “mirror” license of region 2 in Brazil. In 2007, Amos led GVT’s IPO in the Brazilian stock exchange. In 2009, he led the company’s sale to Vivendi (from 2011 to 2013, Amos was part of Vivendi’s Management Board). In 2014, he led the negotiations of GVT’s sale to Telefónica (7.45 € billions deal). Prior to this, Amos was CEO of GVT rural telecom operation, where he managed the initial fund raising to start the activities of the company and support the launch of services in Chile, Peru and Colombia. From 1989 Amos joined as CFO the young start-up Edunetics Ltd., which developed comprehensive curriculum multimedia-based systems mostly for the US school market. In 1992 he led jointly with the CEO the IPO of the company on Nasdaq. In 1995 he was appointed CEO of it. From 1986 to 1989 Amos worked in one of the largest accounting firm in Israel (KMPG Israel as of today), where he was involved in the audit and tax work of large holding companies.

Arnaud Roy de Puyfontaine

Mr. Arnaud Roy de Puyfontaine serves as Non-Executive Director of the Company. He is, since December 15, 2015, a member of the Board of Directors of Telecom Italia. In 1989, he started his career as a consultant at Arthur Andersen and then worked as a project manager at Rhône-Poulenc Pharma in Indonesia. In 1990, he joined Figaro as Executive Director. In 1995, as a member of the founding team of the Emap Group in France, he headed Télé Poche and Studio Magazine, managed the acquisition of Télé Star and Télé Star Jeux, and started up the Emap Star Division, before becoming Chief Executive Officer of Emap France in 1998. In 1999, he was appointed Chairman and Chief Executive Officer of Emap France, and, in 2000, joined the Executive Board of Emap Plc. He has led several M&A deals and concomitantly, from 2000 to 2005, served as Chairman of EMW, the Emap/Wanadoo digital subsidiary. In August 2006, he was appointed Chairman and Chief Executive Officer of Editions Mondadori France. In June 2007, he became General Head of all digital business for the Mondadori Group. In April 2009, he joined the US HEARST media group as Chief Executive Officer of its UK subsidiary, Hearst UK. In 2011, on behalf of the Hearst Group, he led the acquisition of 102 magazines from the Lagardère Group published abroad, and, in June 2011, was appointed Executive Vice President of Hearst Magazines International. In May 2012 he joined the Board of Directors of Schibsted. Then, in August 2013, he was appointed Managing Director of Western Europe. He was Chairman of ESCP Europe Alumni. From January to June 2014, he was a member of Vivendi’s Management Board and Senior Executive Vice President in charge of its media and content operations. Since June 24, 2014, he has been CEO and Chairman of the Management Board of Vivendi. He was appointed Deputy Chairman (2016) and Executive Chairman of TIM from June 2017 to May 2018.

Alfredo Altavilla

Mr. Alfredo Altavilla serves as Non-Executive Independent Director of the Company. He was Chief Operating Officer Europe, Africa and Middle East (EMEA) from November 12, 2012 to August 2018. He has also been a member of the Group Executive Council (GEC) and Head of Business Development since September 1, 2011. In 1990, he joined Fiat Auto, where he initially focused on international ventures in the area of strategic planning and product development. In 1995, he was appointed head of Fiat Auto’s Beijing office and in 1999 head of Asian Operations. He has been involved in Business Development since 2001, becoming responsible for coordination of the alliance with General Motors in 2002 and, in 2004, being assigned responsibility for management of all alliances. In September 2004, Mr. Altavilla was appointed Chairman of FGP (Fiat/GM Powertrain JV) and Senior Vice President of Business Development of Fiat Auto. In July 2005, he became CEO of Türk Otomobil Fabrikasil A.S. (TOFAS) – a 50-50 joint venture between Fiat Auto and Koç Holding listed on the Istanbul stock exchange – while retaining his role as head of Business Development. In November 2006, he was named Chief Executive Officer of FPT – Fiat Powertrain Technologies. In July 2009, he became a member of the Board of Directors of Chrysler Group LLC and in October 2009 was named Executive Vice President of Business Development for Fiat Group. From November 2010 to November 2012 he was President and Chief Executive Officer of Iveco. He was also a member of the Fiat Industrial Executive Council (FIEC) from January 2011 to November 2012. He is Board Member of Actuant Corp., Tim S.p.A. and Conceria Pasubio S.p.A. He is Vice Chairman of Recordati S.p.A.

Paola Bonomo

Ms. Paola Bonomo serves as Non-Executive Independent Director of the Company. She started her career at McKinsey & Company, where she was an advisor to top management teams at leading international companies on strategic positioning, growth, new markets, alliances and acquisitions. She then worked in leadership roles such as Senior Director, European Operations at eBay International; Head of Online Services, Commercial Operations at Vodafone Italia; and Regional Director, Southern Europe at Facebook. Since 2009 she has invested in technology startups with Italian Angels for Growth, where she focuses on investments in the digital space. In 2015 and in 2016, Paola was recognized as one of the Inspiring Fifty, the fifty most inspiring women in European Technology. In 2017, she was recognized with the Business Angel of the year award in Italy and the Golden Aurora award for the best woman business angel in Europe. Paola serves on the Boards of Directors at AXA Assicurazioni S.p.A., Piquadro S.p.A., Sisal Group S.p.A., Stefanel S.p.A. and FAAC S.p.A.. She is also the President of Stanford Club Italia, the local Stanford University alumni chapter. Paola holds an undergraduate degree in Business Administration from Bocconi University in Milan and an MBA from the Stanford Graduate School of Business.

Giuseppina Capaldo

Ms. Giuseppina Capaldo serves as Non-Executive Independent Director of the Company. Ms. Capaldo has a degree in Economics and a degree in Law from “La Sapienza” University of Rome, has been a licensed certified public accountant since 1992 and is listed in the Register of Independent Auditors (since 1999). In addition, Ms. Capaldo has been qualified to practice law in Italy since 2003. Ms. Capaldo is Full Professor of Private Law at “La Sapienza” University of Rome and she has been Deputy Rector for Resource Planning and Assets (since 2014). She currently serves as Independent Director of Salini Impregilo (2012 – present); Ferrari N.V. (2015 – present) and TIM S.p.A. (2018 - present). She served as Independent Director of the Board of Exor S.p.A. from 2012 to 2015; Credito Fondiario S.p.A. (2014-2017); Banca Monte dei Paschi S.p.A. (dicembre 2017 - aprile 2018). She was a member of the Board of Directors of Ariscom S.p.A. from 2012-2015 and A.D.I.R.- Assicurazioni di Roma (2006-2010). She collaborated with the Macchi di Cellere Gangemi law firm in the Banking and Finance, Corporate and M&A sectors (2004-2007). She served, at “La Sapienza” University, as Deputy Rector for Strategic Planning (2008-2014); Head of Department of “Law and Business (D.E.A.P.)” (2007-2013); Director of PhD “Contract Law and Business” (2007-2011); and Director of LLM “Financial Markets Law” (2009-2014). She authored several publications in the areas of contract law, insurance law, financial law and market legal theory.

Maria Elena Cappello

Ms. Maria Elena Costanza Bruna Cappello serves as Non-Executive Independent Director of the Company. In 1995, she completed an Executive Master's Degree in Strategic Marketing and Sales Techniques at Babson College, MA (USA) and in 1998 she obtained an Executive Master's Degree in Marketing Management from SDA Bocconi in Milan. In 1991, she joined Italtel S.p.A. as System Consultant in the Business Unit Switching OSS and in 1994 moved to Emc Italia S.p.A., where she was later appointed Manager of the Public Administration Division and Telecom Division. In 1998, she joined Compaq Computers (later Hewlett Packard in Munich (Germany), where she served as EMEA Storage Division Marketing Manager, EMEAS Storage Division Business Development Manager EMEA, Global Services Executive Director and EMEA Service Provider Group Executive Director. In 2002, she founded and developed the Milan-based European branch of MetiLinx Inc., an innovative U.S. software company. She was also a member of the Executive Committee of MetiLinx Inc. in San Mateo CA (USA) and was appointed its Chief Executive Officer for UK, Germany and Italy. In 2005, she took on the role of Senior Vice President of Sales in Pirelli Broadband Solutions S.p.A.. In 2007, she joined Nokia Siemens Networks (now Nokia), Milan and London offices, as Head of Global Strategic Marketing and from 2010 to 2013 she served as CEO, General Manager and Deputy Chairman of the Board of Directors of Nokia Siemens Networks Italia S.p.A. and Nokia Siemens Networks S.p.A. (real estate company). Since 2012 she is an independent Director of Prysmian S.p.A. Since 2015 she is independent Director of Saipem S.p.A. and Banca Monte dei Paschi di Siena. She has been independent Director of SACE S.p.A. until June 2014 and served on the Management Board of A2A S.p.A. where she was also member of the Board of Directors until 2017. From 2015 to 2018 she has been independent Director of Seat Pagine Gialle S.p.A. and Italia online S.p.A.

Massimo Ferrari

Dr. Massimo Ferrari serves as Non-Executive Independent Director of the Company. He has a role as Professor at Luiss Guido Carli University in Rome. He spent more than 20 years in the Asset Management industry as portfolio manager, head of investments and CEO in various companies (Fondinvest, Gestifondi, Romagest, Capitalia Asset Management, Fineco Asset Management). He has also served as Head of Issuer Division of CONSOB (Italian Market Authority). Past appointments saw him Board Member of Borsa Italiana S.p.A. (Italian Stock Exchange), member of Assogestioni, Assosim and Assoreti. Professional background and corporate appointments: he is currently General Manager Corporate & Finance Group CFO of Salini Impregilo S.p.A. and member of the Board of Directors of Lane Industries Inc. He is also Board Member of Tim S.p.A., Equita Group S.p.A. and Cairo Communication. He holds a Degree in Economics and Business Administration from the LUISS Guido Carli University of Rome.

Paola Giannotti De Ponti

Ms. Paola Giannotti De Ponti serves as Non-Executive Independent Director of the Company. She is a Board member of Terna S.p.A., Ubi Banca S.p.A., ICF Group S.p.a., EPS Equita PEP SPAC 2 S.p.A. and TIM S.p.A. In Tim and Ubi Banca she is Chairman of the Risk Committee. She has held various managerial roles throughout her thirty years of international experience in the financial sector, in the Corporate and Investment Banking area, working in corporate finance as well as in the capital-markets, extraordinary-operations and project-financing sectors. Through the years she held various operational and management positions in New York, London, Milan, Frankfurt and Paris in leading international companies as Morgan Stanley, Citigroup, Dresdner Bank e BNP Paribas where she developed the strategic Italian customer base (MEF, Telecom Italia, Eni, Enel, Terna, Ferrovie, Finmeccanica). She has been Director on the Board of Ansaldo STS S.p.A. and Dresdner Kleinwort Wasserstein SGR. In 2002 she was recognized with the Belllisario Foundation Award as Manager of the Year. From 2000 to 2012 she has been member of the Council for the United States and Italy under the honorary chairmanship of David Rockfeller. She has a degree cum laude in Political Economics from the Bocconi University of Milan. She attended some semesters at Universität zu Köln (Colonia, Germania) and New York University.

Marella Moretti

Ms. Marella Moretti serves as Non-Executive Independent Director of the Company. She started her career in 1988 as International Corporate Finance Analyst at Fiat SpA in Italy. From 1991 to 1996, she worked as head of Financial Planning and Control at Fiat France, in Paris. Ms. Moretti then went on to hold several successive positions at Fiat France: Head of Corporate Finance (1996-1998); Deputy Chief Financial Officer (1998- 1999) and Chief Financial Officer (2000-2005). Since 2005, she has been Chief Financial Officer of Fiat Chrysler Finance et Services in Paris. She also currently holds other positions within the Fiat Chrysler Automobiles and CNH Industrial groups in France. Since 2009, she has been Managing Director (Directeur General delegué) and Board member of CNH Industrial Financial Services, the captive finance company for CNH Industrial in Europe region, regulated by the French Central Bank Authority ACPR. Since 2011, she has been Chief Executive Officer and Board member of CNH Industrial Finance France and she has served as a member of the Board of Directors of Fiat Chrysler Finance Europe. From 2011 to 2014, she also served as an independent member of the Supervisory Board and of the Audit Committee of Unibail-Rodamco, Europe’s leading commercial property company, listed on the Paris Stock Exchange. She is a member of MEDEF Europe commission (French employers' confederation), of the NGO Care France and of the Women Corporate Directors organization (international chapter). Since 2017 she is Director of Telecom Italia SpA.

Lucia Morselli

Dr. Lucia Morselli serves as Non-Executive Independent Director of the Company. She started her career at Olivetti S.p.a as collaborator of the CFO in 1982; from 1985 to 1990 she has been Senior Manager of the Strategic and Manufacturing Service at Accenture; from 1990 to 1995 she has been CFO of the Aircraft Division Department at Finmeccanica S.p.A. Subsequently she has been Chief Executive Officer of Telepiu’ Group (1995-1998), of News Corporate Europe and Stream (Sky) S.p.A (1998-2003), of Tecnosistemi S.p.A (2004), of Mikado S.p.A. and Compagnia Finanziaria S.p.A., (2009), of Bioera S.p.A (2010-2011), of Berco Group (2013-2014) and of Acciai Speciali Terni (2014-2016). She also served as Chairman of the Board and Chief Executive Officer of Scorpio Shipping Group Ltd.and also Member of the Board of Directors of NDS and IPI S.p.A.. She has been Deputy Chairman of Ital Brokers S.p.A.. Ms. MORSELLI is Member of the Board of Snam S.p.A., Fondazione Snam, Sisal Spa, TIM S.p.A. and EssilorLuxottica (Paris). She Is CEO of Acciaitalia S.p.A. and Member of World Economic Forum for the Climate Change Chapter, Head of the Economy Department of Unilink Campus University (Roma) and member of the Advisory Board of Veneranda Fabbrica del Duomo di Milano. In 2003 she founded the consultancy firm Franco Tatò & Partner.

Rocco Sabelli

Eng. Rocco Sabelli serves as Non-Executive Independent Director of the Company. From 1981 to 1983 he served as Assistant to the Production Manager in an agri-food company. From 1983 to 1985 he joined GEPI (now Invitalia) as Junior Analist (company check-ups, Business Planning, Dealing) where he dealt with Mergers and Acquisitions in industrial and employment crisis areas (sale of assets or company branch/badwill, for new business initiatives). From 1985 to 1992 he held various positions within Eni Group. From 1993 to 2001 he joined Telecom Italia Group. He has been Head of Planning & Control Department of Regione Lazio and of the Central Department of Information Technology; Controller Deputy General Manager (Administration, Finance and Control – Purchasing and management of the goods and - Network – Information Technology) in Telecom Italia Mobile. He served as General Manager Wireline Services Fixed Network Services and Internet for the Italian market (Corporate customers, Small and medium enterprises, domestic customers); Public Telephony services and Directories; Wholesale services for the international market (phone traffic, Broadband and data service with companies as Mediterranean Nautilus, Latin America Nautilus, ecc,); Staff Functions (Purchasing, HR, Administration and Control, ecc.); Accountability on P&L and Capital allocation (revenues about 16 bil € and Net invested capital more than 11 bil €; 60.000 under management). In 2002 he was one of the founding partners of Omniainvest, holding of industrial investments where he has been appointed Chief Executive Officer. In 2003 he served as Chief Executive Officer of Immsi S.p.A. (acquisition of Piaggio, Cantieri Navali Rodriguez, ecc…), an industrial holding and real estate Company listed on the Milan Stock Exchange. From 2003 to 2006 he is appointed Chief Executive Officer of Piaggio S.p.A.

Michele Valensise

Mr. Michele Valensise serves as Non-Executive Independent Director of the Company. After various assignments at the Ministry of Foreign Affairs and abroad (Brazil, Germany, Lebanon, European Union), he was appointed Head of the Press Service, Spokesman and Chief of Staff of the Minister of Foreign Affairs. He was assigned as Italian Ambassador to Sarajevo, Brasilia and Berlin. From 2012 to 2016 he was Secretary-General of the Farnesina. Currently he is Vice Chairman of Astaldi S.p.A., leading company of the infrastructure sector. Since 2017 he is Chairman of the German-Italian Center for european excellence holding a close relationship with Germany. He is an editorialist of the Italian newspaper “La Stampa”. From May 2018 he is member of the Board of Directors of TIM S.p.A.

Carola Bardelli