Italy's ENI Appoints Descalzi As CEO

Posted by Joseph R. Fonseca
Sunday, May 11, 2014
Claudio Descalzi

 

The board of Italian oil and gas major ENI has appointed Claudio Descalzi to replace Paolo Scaroni as chief executive, the company said in a statement late on Friday.

Veteran ENI executive Descalzi was proposed as CEO of the state-controlled group by the Italian government in April.

For the time being Descalzi will also remain head of ENI's Exploration & Production Division, the company said.

(Reporting by Valentina Za; Editing by Toby Chopra)

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