Fincantieri appoints a new General Manager
FINCANTIERI S.p.A., in line with the press release issued on 13 February 2015 , announces that Mr. Andrea Mangoni, already member of the Company’s Board of Directors since June 2013, undertakes his office as General Manager of the Company.
Starting from the same date, Mr. Vitaliano Pappaianni and Mr. Enrico Buschi respectively cease from their office as Corporate General Manager and Operations General Manager of Fincantieri, while maintaining their current office as, respectively Chairman and Chief Executive Officer of SEAF S.p.A. and Chief Executive Officer of Fincantieri Oil & Gas S.p.A, both companies wholly controlled by Fincantieri.
In compliance with Article 6 of the Corporate Governance Code for listed companies, the termination of the aforementioned appointments of Mr. Pappaianni and Mr. Buschi did not result in giving nor conferring on their behalf any indemnities and/or other benefits.
Based on the disclosures made to the Company, Mr. Pappaianni and Mr. Buschi directly hold n. 10,000 and n. 4,000 ordinary shares of Fincantieri respectively, while Mr. Andrea Mangoni does not hold any ordinary shares of Fincantieri.