Saipem: BOD Appoints Chairman, CEO, Deputy CEO

Press Release
Tuesday, May 10, 2011

San Donato Milanese, 9 May 2011 - The Board of Directors of Saipem S.p.A., convened and following the resolutions taken by the Shareholders’ Meeting on May 4, 2011, approved the appointments of the Chairman, Deputy Chairman and CEO and Deputy CEO of Saipem S.p.A.

It also ascertained the independence requirements for Board Directors and Statutory Auditors and appointed the members of the internal Board Committees.

Saipem’s Board of Directors is comprised of:

    * Alberto Meomartini (Chairman – non-independent, non-executive Director)
    * Pietro Franco Tali (Deputy Chairman and CEO – non-independent, executive Director)
    * Hugh James O’Donnell (Deputy CEO – non-independent, executive Director)
    * Umberto Vergine (non-independent, non-executive Director)
    * Gabriele Galateri di Genola (independent, non-executive Director)
    * Nicola Greco (independent, non-executive Director)
    * Maurizio Montagnese (independent, non-executive Director)
    * Mauro Sacchetto (independent, non-executive Director)
    * Michele Volpi (independent, non-executive Director)

The Compensation Committee is comprised of:

    * Gabriele Galateri di Genola (Chairman)
    * Nicola Greco
    * Maurizio Montagnese

The Audit Committee is comprised of:

    * Mauro Sacchetto (Chairman)
    * Maurizio Montagnese
    * Michele Volpi


The Board of Directors applied the evaluation criteria set forth in the Corporate Governance Code to ascertain that the Directors Galateri di Genola, Greco, Montagnese, Sacchetto and Volpi meet the independence requirements pursuant to art. 148, paragraph 3, of Legislative Decree 58/98, the Corporate Governance Code promoted by Borsa Italiana, and art. 37, paragraph 1, letter d) and paragraph 1 bis of Issuers’ Regulations. The Board of Statutory Auditors also established the correct application of criteria adopted by the Board of Directors.

It was also ascertained that the Statutory Auditors meet the independence requirements set forth in art. 148, paragraph 3, of Legislative Decree 58/98, and art. 3 of the Corporate Governance Code.

Saipem shares are held by the following persons: Pietro Franco Tali 205,000 shares, Umberto Vergine 920 shares.

Source: www.saipem.com

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Offshore

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1642 sec (6 req/sec)