Leonardo: the Board of Directors appoints Roberto Cingolani as CEO and General Manager, Lorenzo Mariani as General Manager and assumes some duties to the Chairman of the Board of Directors Stefano Pontecorvo

I met today, for the first time, under the chairmanship of the ambassador. Stefano Pontecorvo, Board of Directors of Leonardo Spa, appointed by the shareholder meeting held previously, also on today’s date.

The Board of Directors, within the framework of the new organizational structure that will be perfected in the next few weeks and which will lead to a significant rationalization of the structure, has granted the Chairman of the Board of Directors Stefano Pontecorvo, responsible for the legal representation of the company and the signing of the company in accordance with the law and the articles of association, and certain powers related to, among other things , with Institutional Relations, Group Security, and coordination of Soft Financing projects.

The Board also appointed Prof. Roberto Cingolani as Chief Executive Officer and General Manager, giving him all relevant powers to manage the company and the group, except for the specific powers that the Board of Directors has, in addition to those that cannot be delegated. According to the law, it has retained its jurisdiction.

The Board also approved, effective June 1, 2023, the establishment of the General Department of New Business and Operations in which Ing. Lorenzo Mariani with the role of Co-General Manager.

assessment of independence

Based on the statements issued by the members of the Board of Directors and the information available to the company, the Board of Directors affirmed in today’s meeting that all members of the Board of Directors possess the requirements of integrity and the absence of reasons for ineligibility and incompatibility, as required by the current situation. Legislation, in addition to having the independence requirements set forth in the law, referred to in the Articles of Association of the Company, by the Chairman of the Board of Directors Stefano Pontecorvo and the Directors Trifone Altieri, Giancarlo Ghislanzoni, Enrica Giorgetti, Dominique Levy, Francesco Macrì, Cristina Manara, Silvia Stefini, Elena Vasco, and Stephen Wood.

See also  Tax authorities can withdraw from the current account

The Board of Directors also verified the existence of the independence requirements stipulated in the Corporate Governance Code for all non-executive directors mentioned above, and therefore, with the exception of Director Marcelo Sala by virtue of his work relationship with the Ministry of Economy and Finance. .

In its assessment, the Board adopted the same standards and application criteria set out in the Corporate Governance Code and implemented in the Board Bylaws, along with the “Standards for assessing the importance of commercial, financial, professional and overtime relationships” (approved on January 27, 2022 and available in the Corporate Governance section of the Company’s website ). The Board of Certified Public Auditors has positively verified the correct application of the evaluation standards and procedures approved by the Board.

Thus, the company is largely in line with the indicators of the aforementioned law, referring to companies with the largest capital and implemented in the regulations of the board of directors, which stipulate that at least half of the board of directors is composed of independent directors.

The Board of Directors will proceed, on the occasion of the next meeting, to reconfigure the internal committees of the Board within it.

Appointment of the responsible manager

Finally, the Council proceeded to appoint the director responsible for the preparation of the company’s accounting documents in accordance with Art. 154 bis of the TUF and Articles 25.4 and 25.5 of the Articles of Association confirm in this office Alessandra Genco, Chief Financial Officer of the Company, until the expiration of the current Board of Directors

See also  Confcommercio: "Inflation and bills weigh on Christmas expenses. Reviving confidence and cutting taxes - the economy

Thelma Binder

"Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff."

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button