Saipem, here’s how Eni and CDP commissioner Caio
Revolution at Saipem's top management: the two largest shareholders (Eni and Cdp) wanted Puliti and Calcagnini to be at the top, thus supporting Saipem's head of the company, Francesco Caio. All the details with the curricula of Puliti and Calcagnini
Revolution at the top of Saipem: the two largest shareholders – Eni and Cdp – in fact commissioned the head of Saipem, Francesco Caio, after the third profit warning and the tumbles on the stock market .
Here are all the details.
WHAT THE SAIPEM BOARD HAS RESOLVED
Saipem's board of directors approved the new organizational structure of the company, which includes the entry of two managerial figures, close to the large shareholders Eni and Cdp, who will have to accompany the company in the restructuring and relaunch process.
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The new organization, underlines a note, “is functional to improve the executive capacity of the projects and to complete the ongoing strategic review aimed at strengthening the equity and financial structure of the group”.
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The new features include "the establishment of a new general management with extensive operational and managerial powers": in this regard, the board of directors resolved to appoint Alessandro Puliti, currently general manager of Eni's Natural Resources, as general manager of the company.
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He also joins the management team of the company, reporting directly to the new CEO, Paolo Calcagnini, currently deputy CEO and chief business officer of Cdp (Cassa Depositi e Prestiti). He "will be entrusted with the new unit aimed at strengthening financial planning and control".
Saipem also reminds that it will present the results of the strategic review to the financial community on the occasion of the announcement of the preliminary consolidated results for 2021, or on 24 February.
THE NEW SAIPEM ORGANIZATION
In detail, Saipem's new organization envisages three points. First of all, the establishment of a new general management with extensive operational and managerial powers, whose leadership is entrusted to Puliti (Eni). Secondly, the establishment of a unit aimed at strengthening the planning and financial control of contracts and other management activities, led by Calcagnini (Cdp). And finally, the concentration of legal and negotiation activities in a company function within the new general management.
And after the de facto commissioner, the replacement of Caio will arrive at the meeting for the approval of the Saipem financial statements, according to the indiscretions of Startmag .
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THE CV OF ALESSANDRO PULITI FROM THE ENI WEBSITE :
Born in Florence on 23 June 1963, he has been General Manager Natural Resources of Eni since 1 July 2020. Experience In 1990 he was hired by Agip spa in the Reservoir Geologist as Reservoir Geologist to deal with the study of reservoirs in Africa and Italy. In 1998 he began an international career path by moving to Aberdeen to fill the Assistant Operated Asset Manager position at Agip UK where he gained operational experience in complex environments. After returning to Italy in 2002, he becomes Head of the Field and Area of the Well in the Val D'Agri project. In 2003 he moved to Egypt as Development and Operations Manager of IEOC and then held increasingly complex managerial roles first as General Manager and Managing Director of Petrobel and then as General Manager of IEOC. In 2009 he returned to Italy to cover the role of Vice President for the management coordination of the Northern Europe and Russia area. In 2010 he moved to Stavanger covering the dual role of Managing Director of Eni Norge and of management coordination for Northern Europe and Russia. In 2012 he returned to Italy at the Operations Department initially as Senior Vice President Petroleum Engineering, Production and Maintenance and then as Senior Vice President Drilling and Completion and Deputy Operations. In October 2015 he was appointed Executive Vice President of the Reservoir & Development Projects Department. In September 2018 he was appointed Chief Development, Operations & Technology Officer of Eni and from 1 July 2019 he was Chief Upstream Officer of Eni. He graduated with honors in Geology from the University of Milan and obtained the MEDEA master in Energy and Environmental Economics at the Scuola Mattei. He is the author of several papers presented in international conferences both in the field of reservoirs and drilling.
THE BIOGRAPHY OF PAOLO CALCAGNINI TAKENFROM THE SITE OF THE SUSTAINABLE DEVELOPMENT FESTIVAL
Paolo Calcagnini, since August 2020, has been Deputy General Manager and Chief Business Officer at the Cassa Depositi e Prestiti Group. Previously, starting from October 2018, he held the role of Chief Financial Officer and Manager in charge of preparing the company's corporate accounting documents, with responsibility for the areas of Finance, Asset and Liability Management and Treasury, Funding, Financial Statements and Supervisory Reporting, Tax, Planning and Management Control. Calcagnini joined the Cassa Depositi e Prestiti Group in 2015 as Head of the Planning and Management Control department.
CALCAGNINI'S CV FROM LINKEDIN
Experience
Cassa Depositi e Prestiti Group
6 years 4 months
Chief Financial Officer
Nov 2018 – Present3 years 4 months
Head of Group Planing and Control
Nov 2015 – Oct 2018 · 3 years
Principal
The Boston Consulting Group
Jun 2015 – Nov 2015
Director – Head of Strategic Planning, Budgeting and Control
Banca Popolare di Bari
Sep 2013 – May 2015
Associate Partner
McKinsey & Company
May 2002 – Sep 2013
Formation
Saïd Business School, University of Oxford
MBA, Business Administration
Sep 2004 – Sep 2005
Sapienza University of Rome
Bachelor's degree (4 years),
Economics
1997 – 2002
Score: 110/110 cum laude
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/saipem-ecco-come-eni-e-cdp-commissariano-caio/ on Fri, 04 Feb 2022 14:42:58 +0000.