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HomeLatest NewsFlavio Cattaneo, CEO of Enel, will occupy Starace's seat on Endesa's board

Flavio Cattaneo, CEO of Enel, will occupy Starace’s seat on Endesa’s board

Date: June 19, 2024 Time: 14:07:07

Flavio Cattaneo, current CEO of Enel, the largest shareholder of the Spanish energy company, reported the company to the National Securities Market Commission (CNMV)). Cattaneo, who will also be vice president of the Spanish electricity company, will fill the vacancy on Endesa’s governing body produced by the resignation of Francesco Starace, his predecessor as Enel’s top executive.

On May 12, Cattaneo was appointed the new CEO of Enel, within the replacements that were carried out by the Government of Giorgia Meloni, since the Italian State controls 23.6% of the capital, in transalpine energy, to despite the opinion of some funds.

Along with Cattaneo, Paolo Scaroni, former CEO of Enel and Eni, Chairman of the Enel group, was appointed, and Johanna Arbib, Mario Corsi, Dario Frigerio, Fiammetta Salmoni were chosen as independent directors of the Italian company, along with Scaroni himself. , Alessandra Stabilini and Alessandro Zehentner.

Until now Vice President of Italo

FOR HIS PART, CATTANEO, 59 YEARS OLD AND EXECUTIVE VICE PRESIDENT OF THE ITALO RAILWAY OPERATOR, Succeeded as Head of ENEL ALA ANEL AL After Having Been Its CEO Since 2014. ENEL The Largest Shareholder of Endesa With a 70% stake in its capital , for which reason it was already assumed that the changes in the leadership of the Italian group would also entail some changes in the Spanish energy.

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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