Italy's Treasury on Wednesday appointed Flavio Cattaneo as chief executive of the country's biggest utility Enel , while confirming Claudio Descalzi at the helm of energy group Eni for an unprecedented fourth term.
Several shareholders had signalled to Rome that they did not want an abrupt change in Enel's strategy, in particular a drastic reduction in the group's international footprint. Some investors fear that Enel may come under government pressure to focus on its domestic market.to the ecological transition after her government rowed back on some of Italy's previous Green pledges.
Cattaneo's appointment was something of a surprise as Stefano Donnarumma, current head of Terna, had been widely touted in recent days as theUnlike Starace, Descalzi quickly won Meloni's backing. With another three-year mandate as CEO, he is on course to become the longest-serving company head at Eni since its foundation in 1953.
Descalzi is now expected to help the Meloni government in its flagship plan to turn Italy into a major energy hub, distributing gas from North Africa and the Mediterranean to the rest of Europe, the government officials said. At Leonardo, the new chief Cingolani has a background as a physicist, and was energy minister in the previous government led by Mario Draghi.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italy adopts state of emergency over migrantsItaly's cabinet on Tuesday announced a state of emergency on immigration following a 'sharp rise' in flows across the Mediterranean, a statement said, in a move aimed at better management of migrant arrivals and repatriation facilities.
Read more »
Chrissy Teigen channels ‘Seinfeld’ in lace bra: ‘Sue Ellen Mischke takes Italy’Just call her “The Not-So-Braless Wonder.” Teigen took cues from “Seinfeld” for her latest date-night look, wearing sheer black lingerie as a shirt.
Read more »
Italy plans hefty fines for vandalism to monuments, cultural sitesItaly’s Cabinet on Tuesday approved a bill to fine vandals who damage monuments or other cultural sites up to 60,000 euros ($65,559).
Read more »
'Book Club: The Next Chapter' Trailer Whisks the Ladies Off to ItalyJane Fonda, Mary Steenburgen, Diane Keaton & Candace Bergen return in the new trailer for BookClubTheNextChapter, coming to theaters this spring.
Read more »
ChatGPT can resume in Italy if meets data watchdog's demandsItaly's data protection agency set out a list of demands on Wednesday to address its concerns over ChatGPT and allow the chatbot service run by OpenAI to resume in the country.
Read more »
3 more countries pledge not to conduct destructive anti-satellite testsThe Netherlands, Austria and Italy are onboard, bringing the total number of nations to 13.
Read more »