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Fincantieri SpA (FCT.MI)

FCT.MI on Milan Stock Exchange

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18 Oct 2018
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Summary

Name Age Since Current Position

Giampiero Massolo

64 2016 Chairman

Giuseppe Bono

74 2017 Chief Executive Officer, Senior Executive Vice President Merchant Ships (ad interim), Director

Giuseppe Dado

48 2014 Chief Financial Officer

Alberto Maestrini

59 2016 General Manager, Senior Executive Vice President Naval Vessels Business Unit

Giorgio Rizzo Di Grado E Di Premuda

67 2009 Senior Executive Vice President Ship Repair and Conversion Business Unit

Giovanni Romano

72 2006 Senior Executive Vice President Mega Yachts

Angelo Fusco

65 2016 Senior Vice President Naval Vessels Unit

Pier Ragni

47 2016 Deputy General Manager

Felice Bonavolonta

48 2018 Head of Group Accounting and Administration

Umberto Baldi

2016 Secretary

Fabrizio Palermo

47 2016 Director

Gianfranco Agostinetto

66 2016 Independent Director

Simone Anichini

57 Independent Director

Massimiliano Cesare

51 2014 Independent Director

Nicoletta Giadrossi

52 2016 Independent Director

Paola Muratorio

69 2016 Independent Director

Donatella Treu

61 2016 Independent Director

Cristiano Pasanisi

2016 Investor Relations Officer

Biographies

Name Description

Giampiero Massolo

Mr. Giampiero Massolo has served as Chairman at Fincantieri S.p.A. since May 19, 2016. He is Knight of the Grand Cross of the Order of Merit of the Italian Republic, Central Councillor of the “Dante Alighieri Society”, Member of the Board of the Italian Society for International Organisation (SIOI), the Steering Committee of the Institute of International Affairs (IAI), the Board of “LUISS” University and of the strategic policy group of the LUISS School of European Political Economy (SEP), Chairman of the Strategy Committee of the degree course in “Global Governance” of the University of Rome Tor Vergata, Member of the Executive Committee of Aspen Institute Italia and Chairman of the Scientific Committee of “Diplomatia”. In 1977-78 he worked at FIAT in Turin, in the Economic and Social Relations Department and subsequently in the Department for Community and International Affairs. He entered the diplomatic service in May 1978, at 23 years old. From 1980 to 1982 he served at the Embassy to the Holy See and then from 1982 to 1985 at the Embassy in Moscow as First Secretary in the trade sector. From 1985 to 1988 he was First Secretary at Italy’s Permanent Mission to the European Community in Brussels, where he was the spokesman for the Italian Delegation on the working groups responsible for environmental and energy policies, State aid and industrial policy. From 1990 he served at the Office of the Diplomatic Advisor to the Prime Minister, and was appointed Deputy Diplomatic Advisor to the Prime Minister from October 1993 (Ciampi government). In 1994 he was appointed Principal Private Secretary to the Prime Minister in the first Berlusconi government and then in the Dini government. In June 1996 he returned to the Ministry of Foreign Affairs as Head of the Press and Information Office and Ministry Spokesman. He graduated in Political Science, specialising in international politics, at the Libera Universita Internazionale degli Studi Sociali Guido Carli in Rome in 1976.

Giuseppe Bono

Mr. Giuseppe Bono serves as Chief Executive Officer, Senior Executive Vice President Merchant Ships (ad interim) and Director at Fincantieri S.p.A. He has served as Chief Executive Officer of the Company since since April 2002. In 2013 he was appointed Chairman of Confindustria Friuli Venezia Giulia. Since 2015 he has been a member of the General Council of Confindustria. Since March 2013 he has been Chairman of Vard Holdings Limited and since January 2013 of Vard Group AS. From October 2000 to April 2002 he was CEO of Finmeccanica, and since 1997 General Manager and acting head of some of the Group’s companies, such as Alenia Difesa and Ansaldo. From 2014 to March 2016 he was Director of the Italian Strategic Fund. From 2012 to 2014 he was Chairman of Confindustria Gorizia. In 1963 he took a course in training and education in administration and management control at Fiat- Finmeccanica. From 1963 to 1971 he was at OMECA (a company jointly owned by Fiat and Finmeccanica and acquired by EFIM in 1968) with managerial responsibilities for accounts, budgets, business planning and control. From 1971 to 1993 he was at EFIM, where he held positions of increasing responsibility: Co-Director for Control Programmes and Management; General Manager of SOPAL (food industry), CEO of Aviofer, (defence and transport sectors) until in 1991 he became the General Manager of the body itself. He graduated in Business Studies from the Universita degli Studi di Messina in 1970 with a thesis on “Budgets and Long-term Plans in a Large Company”. In 2006, he received an honorary degree in Naval Engineering from the Universita degli Studi di Genova. He was professor of “Management Control Systems (Planning and Control)” at the Libera Universita Internazionale degli Studi Sociali (LUISS) in Rome until 2010. He is enrolled in the RUC (Senior Auditors Register). In 2014 he received the honour of “Cavaliere del Lavoro”.

Giuseppe Dado

Mr. Giuseppe Dado has served as Chief Financial Officer at Fincantieri S.p.A. since October 8, 2014. He holds a degree in Business Administration and has been Vice President of Group Treasury and Corporate Finance of Fincantieri since 2008. He started his career in 1997 in the Management Control department at Electrolux Home Products Italy S.p.A.. In 1999, he then moved to Ernst & Young S.p.A. where he held various positions in the Transaction Advisory Services division. In 2003, he joined Permasteelisa Group, in the United States, with responsibilities in the Financial Control and Treasury area. In 2005, he joined Fincantieri as Head of Financial Planning, within the Treasury and Finance function.

Alberto Maestrini

Mr. Alberto Maestrini has served as General Manager, Senior Executive Vice President Naval Vessels Business Unit of Fincantieri S.p.A. since September 2016. He is Member of the Board of Directors of Marinette Marine Corporation, LLC as Inside Director. He started his career in 1985, dealing with research on technologies for integrated circuits for the Hirst Research Centre (GEC group). From 1986 to 1996 at Marconi S.p.A., he was Head of Research and Development of Access Systems in Italy and England, while from 1996 to 2001 he assumed the role of Sales Manager initially for Western Europe and North America, so for Spain and Latin America. In 2001 he became Head of Product Line Access System Division for the business in Europe, Middle East and Africa (EMEA) and, in the same year, he was appointed Managing Director of Marconi S.p.A. In 2003, he assumes the role of Chief Executive Officer of Telindus S.p.A. He obtained degree in Electronic Engineering in 1983.

Giorgio Rizzo Di Grado E Di Premuda

Mr. Giorgio Rizzo Di Grado E Di Premuda has served as Senior Executive Vice President Ship Repair and Conversion Business Unit of FINCANTIERI S.P.A. since 2009. He graduated in Naval and Mechanical Engineering. From 2004 he became Head of Product Development in the Cruise Ships division, directly coordinating the Basic Design, Functional Design and Purchasing departments. In July 2006 he was appointed Deputy Director of Merchant Ships. From September 2008 he was Head of Ship Repairs and Conversions. Currently he is also on the boards of directors of Bacini di Palermo S.p.A. He started his career in 1976 at Cantieri Navali Riuniti of Genoa, where he worked at the headquarters for the Military Ships Methods and Design department and at the Palermo plant in the Ship Repair area, where in 1983 he was appointed director and head of the Commercial department. From 1986 to 1990 he worked in Naples at Società Esercizio Bacini Napoletani as Deputy Manager and Head of Production. From 1990 to 1995 he returned to the Palermo shipyard as Head of the Ship Repair Line.

Giovanni Romano

Mr. Giovanni Romano has served as Senior Executive Vice President Mega Yachts of FINCANTIERI S.P.A. since 2006. From 2000 to 2005 Managing Director Merchant Ships Business Unit. He graduated in Naval and Mechanical Engineering in 1971. He joined FINCANTIERI S.P.A. in 1973 where he held different positions.

Angelo Fusco

Mr. Angelo Fusco has served as Senior Vice President Naval Vessels of FINCANTIERI S.P.A. since October 2016. Since April 2011, he has been the head of the Italian division of the Naval Vessels business unit. He is also member of the Board of Directors of Etihad Shipbuilding, a subsidiary of Fincantieri registered in Abu Dhabi (UAE). He started his career in 1978 at Cantieri Navali Riuniti, firstly in the engineering area where he was responsible for basic design and for the outfitting department, and then in Cantiere di Muggiano S.p.A. as responsible for the tests and trials of the frigates ships “Sucre” for the Venezuelan navy. In 1984, following the establishment of the operating company Fincantieri – Cantieri Navali Italiani S.p.A., he moved to the commercial department of the Naval Vessel unit, at the beginning as Manager of the Africa Middle and Far East area, then as Product Sale Manager for Surface combat ships and, in 1991, as Sales & Marketing Director of the Naval Vessel business unit. In 1996, he was appointed as responsible of Auxiliary and Special Vessels with focus on acquisition, development and performance of the orders. In 1999, he was appointed as responsible of Surface Combat Naval Vessels, and in this area was responsible for various programs including corvettes “Cigala Fulgosi”, patrol ships “Sirio” for the Italian Navy, corvettes “Laksamana” for the Malaysian Navy and for the acquisition of the “Cavour” aircraft carrier contract for the Italian Navy. From December 2002 until March 2016, he was CEO of Orizzonte Sistemi Navali S.p.A., a JV set-up in 1991 between Fincantieri (51%) and Finmeccanica S.p.A. (49%), where he also worked for several important modernization programs, including those related to destroyer “Admirals”, FREMM frigates ships for the Italian Navy and BDSL landing ships for the Algerian Navy. He graduated from the Universita degli Studi di Genova in Naval and Mechanical Engineering in 1977.

Pier Ragni

Mr. Pier Francesco Ragni has served as Deputy General Manager of FINCANTIERI S.P.A. since February 2016. From 1997 to 1999, he worked in the Corporate Valuation Consulting department of PricewaterhouseCoopers (Milan, Italy) focusing on corporate valuations. From 2000 to 2001, he was an investment banker in the Corporate Finance and Equity Capital Markets department of Banca IMI S.p.A. (Milan, Italy) focusing on M&A and ECM transactions. From 2002 to 2005 he worked, as Head of M&A, in Banca Nazionale del Lavoro S.p.A. (Wholesale & International Banking division), focusing on M&A and ECM transactions and corporate debt restructuring. He began his Fincantieri career in 2005, as manager in the Business Development and Corporate Finance department. In April 2006 he was appointed Head of Business Development, reporting from 2008 directly to the Chief Executive Officer. In April 2011 he was appointed Deputy Chief Financial Officer, maintaining the position of Head of Business Development.

Felice Bonavolonta

Mr. Felice Bonavolonta has served as Head of Group Accounting and Administration of FINCANTIERI S.P.A. since June 22, 2018. He holds a degree in Economics and is a certified accountant. He began his professional carrier in 1998 in PricewaterhouseCoopers S.p.A., where in 2004 he became Manager and in 2007 Senior Manager, responsible for the auditing of several large Italian industrial clients. He has been in Fincantieri since 2012, where he was head of the Group Financial Statement and Accounting Principles office.

Umberto Baldi

Fabrizio Palermo

Mr. Fabrizio Palermo has served as Director of FINCANTIERI S.P.A. from May 19, 2016. He began his career in London as a financial analyst in the Investment Banking Division of Morgan Stanley. From 1998 to 2005 he worked as a strategic consultant at McKinsey & co., specialising in restructuring, transformation and relaunch operations for Italian and European industrial and financial groups (including banking and insurance, telecoms, utilities, mechanical and electronics and postal services). In 2005, he arrived at Fincantieri as Director of Business Development and Corporate Finance reporting to the CEO. He was Deputy General Manager of the Fincantieri Group from 2011 to 2014 as well as Chief Financial Officer from 2006 to 2014. In October 2014 he joined Cassa Depositi e Prestiti as Chief Financial Officer and Manager in charge of preparing group financial reports. He is also a member of the Investors Committee of the Atlante Fund.

Gianfranco Agostinetto

Mr. Gianfranco Agostinetto has acted as Independent Director of FINCANTIERI S.P.A. since May 20, 2016. He obtained a professional license through public examination in Venice in April 1978 and is a member of the Order of Architects P.P.C. of Belluno. During his career he has carried out numerous architectural and urban design projects, and design and supervision of works for public and private organisations in the provinces of Belluno, Treviso, Udine and Verona. Since 2010 he has been a member of the Board of Directors of INARCASSA. He was President of the Order of Architects of Belluno from 1998 to 2000, Provincial Delegate of INARCASSA from 2000 and a Member of the General Council of the Cariverona Foundation from 2005 to 2015.

Simone Anichini

Mr. Simone Anichini serves as Independent Director at Fincantieri S.p.A. He is graduated in Business Studies and is a Certified Public Accountant. He started his career in 1985 at Vico Florence S.p.A. as Assistant to the Administrative Director until 1988. From 1988 to 1989 he was Chief Financial Officer of the All.Co. S.p.A. Group, and was then appointed Head of Administration and Control of the Italian and Foreign Trade Areas at Marchesi Antinori S.r.l., a position he held for one year. Later, from 1990 to 1993, he was Financial Director of the All.Co. S.p.A. Group and Assistant to the Chairman with responsibility for Group strategies. From 1993 to 1998 he was Head of Administration, Finance, Control and IT systems for MALO Manifatture Associate Cashmere. From 1998 to 2004 he was Chief Financial Officer at Fingen S.p.A. with responsibility for administration, finance, control and organization of the Holding company and its subsidiaries (84 companies worldwide). From 2004 until 2009 he was CEO and assistant to the Chairman of Nautor Holding - Firenze/Gosport (GB)/ Petersaari (Finland) with financial responsibilities for all the Group companies: Nautor’s Swan, Camper & Nicholsons and Marina Management. He was also Chairman and Chief Executive Officer of the latter and Chairman of Marina Yacht Service S.r.l.; he was Chairman and CEO of Marina di Viareggio S.p.A. and PROMOMAR S.p.A.; CEO of Lavoratori del Mare S.r.l. and Vice-Chairman of SEAM S.p.A. Società Esercizio Aeroporto Maremma.

Massimiliano Cesare

Mr. Massimiliano Cesare has served as Independent Director at Fincantieri S.p.A since May, 2014. He graduated in Law at the University of Naples “Federico II". During his career he has built up an experience in acquisitions of companies and stakes, leveraged buy-outs, acquisition finance and structured finance, mergers, joint ventures, corporate reorganisation transactions, debt restructuring and extraordinary transactions in the real estate sector. He also has experience in the management and administration of corporate and real estate assets subject to seizure and/or preventive measures. In this context, he administered the corporate and real estate assets of the Cesarano criminal family and worked with the organised crime investigative group of Naples to implement such measures. He is also a trustee member of Boards of Directors, receiver of corporate and financial assets for the Court of Naples and the Public Prosecutor’s Office as well as legal trustee of the bankruptcy and corporate section of the Court of Naples. He has worked on behalf of the Government with the Garofoli Commission, set up to develop proposals, including of a financial nature, to fight organised crime. As economic and legal Advisor to the Presidency of the Council of Ministers for the Letta Government, he represented the Presidency in dealings with undersecretaries and economic ministries, gaining direct experience in the legislative process and administrative measures. He has also contributed to government decisions on privatising some of publically owned companies in Italy and managed, at one of the Ministries concerned, the Alitalia, ILVA industrial crises.

Nicoletta Giadrossi

Ms. Nicoletta Giadrossi has acted as Independent Director of FINCANTIERI S.P.A. since May 19, 2016. She began her career in 1988 as a Consultant at The Boston Consulting Group, where she remained until 1994. In 1995 she joined the General Electric Company, holding strategic management positions in the group’s various divisions until 2005. From 2005 to 2006 she was Operating Partner at LBO France in Paris, a private equity fund focusing on small and mid cap companies in the construction, engineering and plants sectors, where she was responsible for the management of the portfolio companies. In 2006 she founded H.F.M., a private equity holding company through which she managed the restructuring and divestment of two small businesses. From 2009 to 2012 she was Vice President & General Manager, Europe, Middle East and Africa of DresserRand, a company operating in the machinery sector for the oil and gas industry and renewable energies industries, where she was responsible for a budget of USD 1.7 billion. From 2012 to 2014 she was Executive Vice President/Head of Operations and member of the Board of Directors of Aker Solutions ASA in Oslo, a global operator in offshore oil and gas services and facilities, with responsibility for nine business units. Since 2014 she has been President Region A (Europe, Africa, Middle East, Russia, India) of Technip, an engineering group for energy and infrastructure.

Paola Muratorio

Ms. Paola Muratorio has acted as Independent Director of FINCANTIERI S.P.A. since May 19, 2016. She is a member of the Order of Architects since February 1974. During her career she has worked on many urban, infrastructure and commercial building projects, including the project for the marina of Santo Stefano al Mare (IM), which can dock 1000 boats. In the area of professional associations and social security, from 1985 to 1996 she was President of the Order of Architects of Imperia and elected INARCASSA delegate for Liguria region in 1990. In 1995, she was appointed Deputy Chairman of the Board of Directors of INARCASSA. She was President of INARCASSA between 2000 and 2015, for three consecutive mandates. With the adoption of financial management based on risk control she obtained impressive results in terms of investments in securities. She steered through reforms that will ensure the financial sustainability of INARCASSA for 50 years as required by the so-called “Save Italy” Decree. She was also a member of Executive Council of ADEPP, the private pension industry trade association. She has been a speaker at many conferences on social security and financial issues. She has participated in refresher courses at Assogestioni, on transactions with related parties, compensation and responsibilities of directors and auditors in listed companies.

Donatella Treu

Dr. Donatella Treu has acted as Independent Director of FINCANTIERI S.P.A. since May 19, 2016. She began her career at Ipsoa Editore in 1982. A few years after the company joined the Wolters Klower group, she was appointed Editorial Director, General Manager and then CEO. In 2009 she was appointed Regional Manager for Central Europe and Russia and subsequently Chief Executive Officer of the Legal Division at world level. From March 2010 to April 2016 she was CEO of the 24 ORE Group, where she initiated a policy seeking to strengthen the internal synergies between the newspaper, radio, professional publishing, and online branches of the business. She developed the 24 ORE Business School and the many cultural and exhibition activities of 24 ORE Cultura. She is a Commander of the Italian Republic. In addition, she personally received the Ambrogino d’Oro award from the City of Milan and is Lombardy area manager of the Marisa Bellisario Foundation, which awarded her the Marisa Bellisario Prize (“Mela d’Oro”) in 2007.

Cristiano Pasanisi