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ITEN

The management

Carlo Malacarne

Carlo Malacarne

Chairman

Carlo Malacarne has been appointed Chairman of the Board of Directors of Snam on April 2016.

He was Chief Executive Officer of Snam from 2006 to 2016.

With a degree in Electronic Engineering and after a brief period in the company Selecontrol, Carlo Malacarne began his career in Snam in the gas transport technical service. In 1990, he took on a managerial position as operations manager of a natural gas transport district, ensuring the construction and operation of pipelines and promoting commercial initiatives to support the sale of natural gas.

Subsequently, as Director of Telecommunications and Process Systems, he contributed to the achievement of the reorganization objectives for the telecommunications systems of the Eni Group and, in particular, he participated in the transfer of the Snam telecommunications branch, with the creation of a New Telecommunications Company, of which he was named Managing Director.

In March 1998, he was appointed Constructions Director, with the responsibility of ensuring the realization of investments both in Italy as well as abroad. During the same period, he was a member of the construction committees in TENP, the pipeline which transports gas from the North Sea to Italy, and TAG, which transports the Russian gas to Italy via Austria, taking part to the implementation of strategic infrastructure for gas transportation along the main European energy corridors.

In July 1999, he was appointed Italian Network Director, with the task of overseeing the management of the gas transport network in Italy and of the GNL Italia regasification system.

In July 2001, ahead of the IPO, he was appointed General Manager of Operations in Snam Rete Gas, and President of the Board of GNL Italia, the company managing the LNG terminal in Panigaglia.

From December 2005 to the beginning of May 2006 he was Chief Operating Officer of Snam Rete Gas with the task of supervising, together with management functions, commercial activities, planning, management of the transport network and the dispatching service.

From November 2012 to April 2016 he has been Chairman of the Board of Snam Rete Gas, a Snam's subsidiary company that operates in natural gas transportation and dispatching.

He is currently member of the executive committees of Confindustria and Assolombarda and of several technical bodies such as the Presidential committee of CIG (Italian Gas Committee) and the steering committee of ATIG (Technical Gas Association). From 1997 to 2000 he has been Chairman of the Transport committee of IGU (International Gas Union).

From November 2013 to October 2015 he has been Chairman of Confindustria Energia.

He has been also CEO of Mariconsult and board member of several international gas companies such as Transitgas, which manages the gas transportation system from Northern to Southern Switzerland, and the companies Sergaz and Scogat, which manage the Tunisian part of the Transmed pipeline. 

Related material:
 

> Latest presentation

> Latest press release

> Webcast

> Photos and video

> Shareholdings if held

> Internal dealing

Marco Alverà

Marco Alverà

Chief Executive Officer

Marco Alverà is Chief Executive Officer of Snam since April 2016. Previously he was Chief Operating Officer from January to April 2016.

Since April 2016 he is also Chairman of the Board of Snam Rete Gas, a Snam's subsidiary company that operates in natural gas transportation and dispatching.

With a degree in Philosophy and Economics from the London School of Economics, Marco Alverà began his career in London working in Private Equity and M&A. In 2000 he founded Netesi, Italy’s first broadband ADSL company.

In 2002, he joined Enel as Director of Group Corporate Strategy and member of the management committee, contributing significantly to the development of the company's gas strategy and participating in the listing of Terna.

In 2004 he became Chief Financial Officer of Wind Telecom and oversaw the sale of Wind to Orascom.

In 2005, he joined Eni as Director of Supply & Portfolio Development at the Gas & Power Division, successfully managing the outcomes of the gas crisis between Russia and Ukraine in the Winter of 2006, and taking part in the negotiation of the international agreement on gas supplies.

In that role, he also oversaw the acquisition of Belgium’s Distrigas in the delicate unbundling process from Fluxys. During the same period, he was appointed Chief Executive Officer of Bluestream and Promgas and was in charge of the development of new routes for natural gas towards Europe from the Caspian area, Iran, the Middle East and Africa.

In 2008 he moved to Eni’s Exploration & Production Division as Executive Vice President for Russia, North Europe, and North and South America. In these countries, he managed operations and led negotiations with governments and other international oil companies.

In 2010 he was appointed Chief Executive Officer of Eni Trading and Shipping, which manages all commodity Trading and Shipping activities for the company, and in 2012 he became Senior Executive Vice President Optimisation and Trading. In 2013, he took on responsibility for the business unit Midstream, which consolidates the results of Eni’s Gas & Power Division and brings together all of the supply, logistics and trading activities of the energy commodities. From July to September 2015 he was the Chief Retail Market Gas & Power Officer.

He has been a board member of Gazprom Neft, the Performance Theatre, the Global Leadership and Technology Exchange, and Eni Foundation. He was also the Operating Vice President of EUROGAS, the European association that brings together the leading international operators in the natural gas sector, and founding member of the ginger group, which promotes natural gas in Europe, together with Shell, BG, Total and Statoil. 

Related material:
 

> Latest presentation

> Latest press release

> Webcast

> Photos and video

> Shareholdings if held

> Internal dealing

Paolo Mosa

Paolo Mosa

Chief Commercial, Regulation & Development Officer

Paolo Mosa leads the Commercial, Regulation and Development Business Unit of Snam.

A graduate in Mechanical Engineering from the Polytechnic of Milan in 1985, he began his career in the Snam Group in 1987.

Over the years he held various positions with increasing levels of responsibility in the Foreign Business and Planning and Control Units focusing, in particular, on the economic evaluation and control of significant investment projects both in Italy and abroad, and developing the third parties access model to the Italian natural gas transport network.

Between 2000 and 2001 he was responsible for coordinating foreign companies participated by Snam owning transport infrastructure to import natural gas in Italy. During this period, he was CEO of TMPC Ltd and board member of TAG GmbH, TENP GmbH, TTPC Ltd and Transitgas SA. Until 2002 he was also a member of the board of Tigáz, one of the major gas distribution companies in Hungary.

In 2001 he was appointed Director responsible for the investment planning of the gas network development and for the management of gas transport contracts at Snam Rete Gas, for which he was also Responsible for regulatory affairs with Italy’s Authority for Electricity and gas.

From 2009 to 2012 he was board member of Entsog (the European association of gas transport companies). Until 2008 he was also a member of the board of GNL Italia, the company operating the LNG regasification plant in Panigaglia (La Spezia).

From 2010 to 2014 he was CEO of Italgas, the leading company in Italy in the urban distribution of natural gas.

From 2014 to 2016 he was CEO of Snam Rete Gas.

In the course of his professional experience, Paolo Mosa has developed a deep knowledge of the regulated businesses in the natural gas industry, both at national and European level, with particular focus on the models of access to infrastructure and carry-out of transportation service, on the tariff systems as well as on the development of new infrastructure.

Related material:
 

> Shareholdings if held

> Internal dealing

Luca Schieppati

Luca Schieppati

Chief Industrial Assets Officer

Luca Schieppati leads the Industrial Assets Business Unit of Snam.

He holds a degree in Nuclear Engineering from the Polytechnic University of Milan. He joined Snam in 1991 holding operations management positions with increasing responsibilities.

After holding positions in technical and technological development units, he joined the Construction Department where he worked as a Plant and Station Development Project Manager from 1998 to 2000.

From 2000 to 2001 he became a Program Manager for the Gestione Rete Italia project area, responsible for adapting the organisational and operating structure of the decentralised gas transmission structures, redesigning the operating procedures, creating an engineering database, developing an integrated information system and automating the data recognition operations of the electricity protection plants.

In 2001 he became Head of the South Western District in charge of the National and Regional transmission network for Companies located in Calabria, Campania and a part of Basilicata.

From 2003 to 2009 he was Compression Plant Manager. This unit manages the operations and maintenance of the Plants, and also carries out all the relevant maintenance work.

In 2009, he was appointed Head of the “Plants” Worksite and member of the project core team of the Energy Project.

From 2010 to 2011 he was Head of Network Management, reporting to the General Manager of Operations, in charge of ensuring the management and operation of the gas pipelines and the related plants and adequate service, safety , environmental protection and cost levels, within the set budgets.

From 2012 until April 2014, he was the General Manager of Operations of Snam Rete Gas S.p.A. in charge of defining guidelines, methodologies, operating procedures and instruments for the Operations area and supervising the operation, maintenance and realization of the transmission infrastructures, the gas dispatching activities, and the gas metering operations.

From April 2014 to September 2016 he was Chief Executive Officer of Italgas.

From October 2016 he is Managing Director of Snam Rete Gas.

Related material:
 

> Shareholdings if held

> Internal dealing

Federico Ermoli

Federico Ermoli

Chief International Assets Officer

Federico Ermoli leads the International Assets Business Unit of Snam.

A graduate in Business and Economics with a Master’s degree in Corporate Finance from Bocconi University in Milan, he began his management career in Snam’s Finance department in 1984.

He later acquired further international experience as coordinator of International Business at Eni Gas & Power covering numerous positions of responsibility at overseas companies in Germany, Switzerland, Spain, Portugal, Tunisia and the Netherlands. These roles included those of CEO of GALP Energia and CEO of Transgas, from 2001 to 2004.

He also carried out project management roles in industrial projects such as the development of the Blue Stream underwater gas pipeline between Russia and Turkey, and for M&A operations such as the acquisition of French company TIGF.

CFO of Italgas between 2006 and 2011, he returned to Snam in January 2012 as Director of Planning, Insurance and Finance to guide the start-up of the company’s financial activities.

Related material:
 

> Latest presentation

> Webcast

> Shareholdings if held

> Internal dealing

Alessandra Pasini

Alessandra Pasini

Chief Financial Officer *

Alessandra Pasini has been Chief Financial Officer at Snam since November 2016.

With a degree in Business Administration at Università Bocconi, she began her career at Kraft Jacobs Suchards working in the Financial Control Department. In 1998 she joined Citi, holding various positions in the Credit and Corporate Banking departments, also being Chief of Staff of the Italian Country Manager for a period of time. In 2000 she joined the Investment Banking team, managing the separation of Snam Rete Gas from Eni and its subsequent IPO.

Then, holding positions of increasing responsibility and visibility, she dealt with various M&A transactions, bank financing, debt and equity capital markets transactions, specifically following companies operating in the utilities, oil&gas, telecom & media and infrastructure sectors. Amongst other things, she closely followed the repayment of Eni’s intercompany loan in 2012 and related take-out transactions on the bond market, GIP’s acquisition of a stake in Transitgas and the financing of the TIGF acquisition by Snam.

In 2013 she joined Barclays as Deputy Head of Investment Banking for Italy, then becoming Head of Investment Banking for Italy and reporting directly to the Head of EMEA. Over the years she managed various relevant transactions, among which the recent listing of Enav, the demerger of Italgas from Snam, Gtech’s acquisition of IGT for USD 5.6 bn and the financing of the transaction, which has been the largest acquisition from an Italian corporate in recent years, as well as the Eur 2 bn convertible bond from Telecom Italia, the sale of Telecom Argentina by Telecom Italia and the sale by Eni of its upstream assets in Russia.

Related material:
 

> Shareholdings if held

> Internal dealing

Sergio Busato

Sergio Busato

Chief Corporate Services Officer and EVP Human Resources & Organization

Sergio Busato is Chief Corporate Services Officer and Executive Vice President Human Resources & Organization of Snam.

Master Degree in Geology (University "La Sapienza" in Rome), he developed his first experience in ore mining exploration with University of Roma, Enea (Nuclear and Alternative Energy Association) and Agip Nucleare S.p.A.. In 1985, he joined Agip S.p.A..

After an experience in the upstream business, onshore and offshore, he moved in the HR&Organization General Division where, from 1990 to 1997, has developed his career playing roles, in Italy and abroad, with increasing responsibilities in Change Management, Education&Training, HR Management, Industrial Relations, Organization, Health&Safety.

He contributes, since the first negotiation phase of early 90’s, to the development of the initiatives, which leads to the project ventures carried out in Kazkahstan. From 1998 to 2001 he worked mainly in Kazakhstan, England and Russia, as Human Resources Senior Manager of the Karachaganak Joint Venture built together with partner Oil Co. from UK, USA, Russia, Kazkahstan.

After such experience he was back in Agip S.p.A. and named International Human Resources Vice President till 2005, completing his professional, human and social experience in more than 30 countries.

Along the following years he further reinforces his professional profile assuming the accountability of the HR,Organization&ICT Dpt in company leader operating in Engineering, Power Generation and Photovoltaic business (Snamprogetti ed Enipower) and then in Engineering&Construction business (Saipem) focused on the HR International Management, Administration and Industrial Relations.

In 2009 he joined Eni S.p.A. as Human Resources Senior Vice President Refining&Marketing.

Since 2012 he is working in Snam Group. He was initially accountable for HR&HSEQ in Snam Rete Gas S.p.A. and later on, in 2013, he was nominated Head of International Business to boost and support the internationalization development strategy of Snam.

He was Board Director in Companies operating in Italy, Switzerland, Romania, Croatia.

Currently he is Board Director in Tigf S.A., the Company which is managing the Transport and Storage business in the South West of France, and in TAG Gmbh, the Austrian Company responsible to manage the Transport Pipeline along the interconnection route between Russia and Italy; in Tag he is guide member of the Remuneration Committee.

Related material:
 

> Shareholdings if held

> Internal dealing

> People area

Marco Reggiani

Marco Reggiani

General Counsel

Marco Reggiani, lawyer, since January 2010 in the Company, is General Counsel of Snam.

Furthermore, he is Secretary of the Board of Directors of Snam, member of the Management Committee of Snam and also Board member of Snam Rete Gas and Stogit.

Graduated in Law at the University of Parma, he achieved the Master on advanced studies in trans-national law at the University of Trento. Former Professor of Environmental Law at the LIUC University of Castellanza and former Chairman of the Legal Affairs Committee of Assomineraria, he previously covered management roles in the Eni group from 2001 until the end of 2009.

Related material:
 

> Shareholdings if held

> Internal dealing

> Governance area

Gaetano Mazzittelli

Gaetano Mazzitelli

EVP Regulatory Affairs

Gaetano Mazzitelli is Executive Vice President of Regulatory Affairs of Snam.

A graduate in Mechanical Engineering at the Politecnico di Milano, he also achieved a Master on Business for Energy and environment at the Eni School for higher studies "Enrico Mattei".

He began his career in Snam in 1995 and in 2000 he was appointed as Project Evaluation Manager. He took part to different national and international acquisition projects as well as to the unbundling of transmission and re-gasification activities.

In 2001 he was appointed as Manager for Project Evaluation and Tariffs at Snam Rete Gas, being in charge for ensuring the investment planning and defining tariff proposals related to regulated services. In this context, he took part to the IPO of the company, assessing in particular the areas of value generation in the new regulatory framework.

In 2006 he was appointed as Business Development Manager at Snam Rete Gas, in charge for ensuring the definition of tariffs and network code proposals, the gas demand forecast as well as the monitoring of market and regulation in order to identify development opportunities. In this context, he participated to the Stogit and Italgas acquisition project and to their subsequent integration.

In 2010 he took charge of the Regulation and in 2011 he was appointed as Executive Vice President of Regulatory Affairs of Snam. Currently he is Board Director in TAG Gmbh (the Austrian Company responsible to manage the Transport Pipeline along the interconnection route between Russia and Italy), in Interconnector UK Ltd (the pipeline connecting Great Britain with continental Europe) and in PRISMA European Capacity Platform GmbH.

He has also a long experience in the activities of Associative Bodies in the natural gas sector. Currently he is member of the Board of ENTSOG, Gas Infrastructure Europe (GIE) and Gas Storage Europe (GSE), the European Gas Infrastructure Operator associations, and an executive member of the Board of Directors in the National Association of Gas Industries (Anigas) in Confindustria.

Related material:
 

> Shareholdings if held

> Internal dealing

> Regulation area

Patrizia Rutigliano

Patrizia Rutigliano

EVP Government Affairs, Corporate Social Responsibility and Communication

Patrizia Rutigliano, since 2009 in Snam, is Executive Vice President of Government Affairs, Corporate Social Responsibility and Communication.

From June 2011 to July 2016 she was President of Ferpi, the Italian Federation of Public Relations.

A professional journalist, she began her career at Mondo Economico, before moving onto Fininvest and Euronews.

Between October 1997 and January 2001 she was Spokesperson for Milan City Council, during the privatization phase of the major local utilities.

From January 2001 to March 2004 she was Head of External Relations at Fastweb and Manager of the e.Biscom Press Office, playing a key role in the start-up of the company from its listing onwards.

Between April 2004 and November 2009 she was Director of Communications at Autogrill, where she was involved in the development and diversification of the Group's business in Italy and abroad.

She is currently member of the General Council of Assolombarda, where she is also member of the Energy Group and coordinator for Oil & Gas industry.

She is currently Board member of TIGF Holding, Toscana Energia, Fiera Milano – in which she is also a member of the Control and Risk committee – and of Il Cittadino di Monza e Brianza.

She is a lecturer at the High School of Media, Communication and Entertainment at Università Cattolica del Sacro Cuore of Milan, as part of the Master's course in Media Relations and Corporate Communications.

Since 2012 she is a member of the steering committee of the Department of Political Science at LUISS Guido Carli of Rome. She is also a member of the scientific committee of RIE (Industrial and Energetic Research).

She has a degree in Foreign Languages and Literature, her thesis focusing on aspects of the Jewish culture in the films of Woody Allen, and produced together with the Faculty of Arts and Science of Columbia University.

She specialized in Social Communications at Università Cattolica of Milan, where she also attended a Master's in International Management. 

Related material:
 

> Latest presentation

> Shareholdings if held

> Internal dealing

> Media area

> Sustainability area

Camilla Palladino

Camilla Palladino

EVP Corporate Strategy and Investor Relations

Camilla Palladino has been Executive Vice President Corporate Strategy and Investor Relations at Snam since November 2016.

With a degree in Literature and History from Oxford University and a MSc in European Policy from the London School of Economics, she began her career in 2001 working as a reporter at Breakingviews, dealing with financial analysis with a specific focus on Italy.

In 2006 she joined Eni where, over the course of 9 years, she held positions of increasing responsibility, firstly as Head of Internal Communications and subsequently as Vice President Leadership and Talent Development. In 2010 she was appointed Senior Vice President Investor Relations, a role she held until her appointment as Senior Vice President Media Relations in 2013.

In 2015 she was appointed Senior Vice President Public Affairs and Communications at Saipem.

Related material:
 

> Shareholdings if held

> Internal dealing

> Investor Relations area

Silvio Bianchi

Silvio Bianchi

SVP Internal Audit **

Silvio Bianchi, since 2002 in the Company, is Senior Vice President of the Internal Audit of Snam and is responsible for providing analysis, evaluations, provisions and recommendations on the design and operating of the internal control system within Snam and its subsidiaries.

Silvio Bianchi started out on his career path in 1988 in the field of auditing and internal control in the chemical business of the Eni Group, assuming responsibility for it in May 1999.

In June 2000 he moved to Eni as part of the centralization project of group auditing activities, assuming the role of Chemical Auditing Manager.

A graduate in Economics and Business at the University of Perugia, he also gained the Certified Internal Auditor qualification issued by the Institute of Internal Auditors.

Related material:
 

> Shareholdings if held

> Internal dealing

Snam Rete Gas
Chairman

Marco Alverà

Managing Director

Luca Schieppati

Stogit
Chairman

Antonio Paccioretti

Managing Director

Massimiliano Erario

Gnl Italia
Chairman and
Managing Director

Marco Galletti

* The Board of Directors of 27 September 2016 has appointed Franco Pruzzi as "Officer responsible for the preparation of financial reports" pursuant to art. 154-bis of Legislative Decree 58/1998.
> Franco Pruzzi's curriculum vitae

 

** Snam S.p.A Board of Directors guidelines concerning Internal Audit activities: "The Head of Internal Audit, framed in the organizational structure that depends on the CEO, performs audits in full independence in accordance with the instructions of the Board of Directors".

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updated
09 November 2016 - 17:29 CET