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Giavazzi against Giavazzi

2 years ago babelfish

Giavazzi against Giavazzi

Mister Francesco and Doctor Giavazzi.

IF GIAVAZZI (C0NSULENT OF DRAGHI AT PALAZZO CHIGI) DOESN'T DO WHAT GIAVAZZI (EDITORIALIST OF CORRIERE DELLA SERA) WRITTEN ON STATE APPOINTMENTS AND NOT ONLY

APPOINTMENTS AND GIAVAZZI. EXTRACT FROM AN ARTICLE FROM THE SUN 24 HOURS OF LAST FEBRUARY:

For Domenico Arcuri there is the proof of appeal with the government of Mario Draghi. The Calabrian manager who at the time of the former premier Giuseppe Conte was very launched towards the leadership of the most important public companies, such as Cdp, shortly after the inauguration of Draghi was relieved of the post of commissioner for the Covid emergency conferred on him by Conte, for the controversy over the supply of masks.

It was March 1, 2021 when the baton passed to General Francesco Paolo Figliuolo. Arcuri, however, remained in office as CEO of Invitalia, a public agency (100% Mef) for the attraction of foreign investments whose tasks have expanded over time. The five-member Invitalia board of directors will expire with the shareholders' meeting which in a few months will have to approve the 2021 financial statements.

Arcuri will thus have to face again the judgment of the former president of the ECB and his advisor Francesco Giavazzi . He arrived at the helm of the company, it was called Sviluppo Italia, at the age of 43, in March 2007. He was appointed by the government of Romano Prodi, who would have preferred Maurizio Prato to relaunch the bandwagon. Arcuri was confirmed at each deadline by all governments, the last time by the Conte-bis in the assembly of 5 December 2019. Flanked by a president of the Democratic Party, Andrea Viero, former director general of the Municipality of Trieste and the Friuli Venezia Region Giulia, manager of Fincantieri since 2016.

Last October Arcuri was investigated for embezzlement and abuse of office in the investigation into the supply of masks to the state from China, in which the main accused is former Rai journalist Mario Benotti.

There are 49 investee companies of the Mef or its subsidiaries whose board of directors or top management is due to expire with the meetings scheduled for spring, for a total of 230 seats. In addition, there are 41 companies, which only partially coincide with the previous ones, in which the board of statutory auditors, the supervisory body, expires for a further 120 seats. In total there are 350 seats to be assigned.

This emerges from a survey made by the Sole 24 Ore with the list that the Mef has published on the site in recent days. However, Daniele Franco's ministry forgot to include leading companies such as listed companies Snam (9 directors), Italgas (9) and Fincantieri (10), whose seats are about to expire. Banca Mps will be added if, as requested by the Mef, the CEO will be torpedoed. Guido Bastianini, appointed in 2020 on the recommendation of the M5S.

Candidate for the third term of the CEO by Snam Marco Alverà, born in 1975, brought by Paolo Scaroni to Enel in 2002 as director of corporate strategy at a very young age and then to Eni from 2005 for ten years.

The board of directors led by Paolo Gallo, former CEO of Acea and Grandi Stazioni, expires at Italgas, in which it was commissioned by the private shareholders Caltagirone, Benetton and Pirelli, who owned 40% of the FS real estate. The spotlight is on Fincantieri, the group that is growing in the defense industry by clashing with Leonardo, formerly of Finmeccanica. Giuseppe Bono, the longest-serving public top manager in office, has been at the helm of the company since April 29, 2002, when Pier Francesco Guarguaglini took his place at Finmeccanica. Born in Pizzoni (Vibo Valenzia) in 1944, Bono will turn 78 on 23 March. He does not intend to step aside for personal reasons.

The game is on. There is also the hypothesis that Bono could become president, a position occupied by ambassador Giampiero Massolo, former director of Dis (secret services), who was appointed president of the promoting committee of Rome Expo 2030. The chair of ad is contested by two managers hired by Bono in Fincantieri, the dg Fabio Gallia (ex Capitalia, ex Bnl, ex CEO of Cdp) and the director of the military ships division, Giuseppe Giordo, defense industry expert. The decision rests with Dario Scannapieco , the new CEO of the parent company CDP, wanted by Draghi to replace Fabrizio Palermo, who remained on the Fincantieri board.

The board of directors of Sace is about to expire. On January 19, the president, the Dalemian lawyer Rodolfo Error, resigned. The board has already appointed Mario Giro as successor, a member of the Sant'Egidio community, former undersecretary and former deputy foreign minister, not elected to politics in 2013 with the Monti list. But with the assembly, the entire board of nine members must be appointed, including the former senator Pd Roberto Cociancich, touched (not investigated) by the investigation for influence trafficking concerning the shipowner Vincenzo Onorato and Beppe Cricket. Simest's board of directors also expires, president of the former ambassador to Qatar Pasquale Salzano (he is also president of the Cdp Foundation), to Mauro Alfonso.

The new board of Sport and Health, the Spa that manages public funds for Italian sport, formerly Coni Servizi, is to be decided. The president and CEO is Vito Cozzoli, appointed at the beginning of 2020 on the recommendation of Minister Vincenzo Spadafora (M5S) in place of Rocco Sabelli, who had been chosen by the League with Giancarlo Giorgetti. Former parliamentary official, Cozzoli was head of cabinet at the Mise of the ministers Federica Guidi in the Renzi government and of the Cinquestelle Luigi Di Maio and Stefano Patuanelli with Conte.

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/giavazzi-contro-giavazzi/ on Sun, 20 Mar 2022 10:35:21 +0000.