The Board of Directors, which is elected by the General Meeting according to a slate voting procedure, is the body with collective responsibility for managing the Company and:

  • has sole authority and full responsibility for day-to-day and extraordinary management of the Company;
  • manages and coordinates the Group's subsidiaries.
 

The Annual General Meeting of 21 April 2016 determined in 15 the number of members of the Board of Directors . The Board of Directors currently  has 12(*) members, including 10 non-executive Directors and 2 executive Directors (the Chairman and the CEO).

The Board of Directors has verified the existence of the requisites of independence for n. 6 Directors in accordance with  the TUF and the Company’s Corporate Governance Code, which incorporates the principles contained in the Corporate Governance Code for companies listed on the Italian Stock Exchange.

 
Fabio Cerchiai Chairman
Giovanni Castellucci CEO
Carla Angela Independent Director
Carlo Bertazzo Director
Bernardo Bertoldi Independent Director
Gianni Coda Independent Director
Elisabetta De Bernardi di Valserra Director
Massimo Lapucci Independent Director
Lucy P. Marcus Independent Director
Giuliano Mari Independent Director
Valentina Martinelli Director
Marco Patuano Director

(*) Following the death of Director Gilberto Benetton on 22 October 2018, the resignations of the Independent Directors Lynda Tyler Cagni and Monica Mondardini, effective respectively on 16 November 2018 and 19 February 2019, the number of Directors has decreased to 12.