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

People & Company News

US Orders Trawler with Common-Rail Technology

Tier II-compliant 32/44CR technology to deliver fuel efficiency, low emissions and improved productivity   MAN Diesel & Turbo has received an order for an MAN

Environmental Awards Recognize 84 Foss Vessels

With a combined 840 years without an environmental incident, 84 Foss Maritime and subsidiary companies' tugs and tank barges have been recognized by a major maritime

Rates Increase Boosts Diana Containerships Q3 Income

Diana Containerships Inc. reported net income of $1.4 million for the third quarter of 2014, compared to a net loss of $0.7 million for the respective period of 2013.

Offshore

Maersk Drilling gets Extension for Jack-Up

Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.

Odd Arne Slettebø new CFO of “Noreco”

Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company.

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
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: 0.2724 sec (4 req/sec)