Italian state-controlled shipbuilding big Fincantieri introduced public finance knowledgeable Biagio Mazzotta has been appointed as chairman of its board of administrators. The transfer follows the premature dying of Normal Claudio Graziano, who had been appointed in Might 2022.
Mazzotta’s appointment comes on the suggestion of shareholder CDP Fairness S.p.A., which submitted Mazzotta’s candidacy for unbiased analysis in a letter dated August 1, 2024.
Mazzotta has beforehand served because the State Accountant Normal of Italy since 2019. He has an extended profession in public finance, holding numerous positions inside the Ministry of Financial system and Finance. In line with obtainable info, he doesn’t maintain any Fincantieri shares.
As chairman, Biagio Mazzotta will oversee institutional illustration, company safety, and the interior management and danger administration system. He’ll collaborate with Fincantieri CEO Pierroberto Folgiero to handle communication and institutional relations actions, develop nationwide and worldwide methods, and advance the corporate’s internationalization efforts.
One of many largest shipbuilders in Europe, Fincantieri is understood for its design and development of all kinds of vessels, together with cruise ships, naval vessels, offshore and specialised ships and luxurious yachts.
Fincantieri’s earlier board chairman Graziano, a former military normal, was discovered lifeless from a gunshot wound at his residence in June. He reportedly left a suicide notice, although an investigation into his dying is ongoing.
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