RINA appoints new Board

Tuesday, May 28, 2002
ITALIAN classification society RINA has appointed a new Board of directors and chief executive. Effective today, Enrico (Gianni) Scerni will be Chairman of RINA Spa, and Ugo Salerno will be CEO. The shareholders meeting, held on May 23, has also taken the opportunity to thank the Chairman Saverio Di Macco, the CEO Nicola Squassafichi and all the other Board members for the very good work done in the past three years. Enrico Scerni, President of Genoa-based Finservice - Gruppo Scerni, says: "RINA is a keystone of the Italian maritime cluster. It is an honour to be asked to chair a company which is so rich in expertise and so important to our industry." Ugo Salerno, who steps down today as Managing Director of Coeclerici Armatori and Logistics to take over as RINA's CEO, says: "Today, classification and certification are challenging and exciting areas of shipping. I'm looking forward to taking RINA forward as a global centre of excellence with, of course, an Italian heart." Saverio Di Macco, who steps down after three years as RINA's Chairman, says, "The whole business of classification has undergone a fundamental change in the last few years. The company is well placed to cope with the industry evolution and will go forward in good hands. I leave a sound company, with tidy accounts, solid assets, increasing turnover and stable employment." Nicola Squassafichi, who will retire after a long career at RINA, serving as RINA's CEO and Director General since 1991, says, "We have had a tough time lately, but we have emerged stronger and more focused. I'm happy to hand RINA and its highly professional and loyal staff over to the guidance of a Board with strong shipping experience. I am confident that RINA will continue to serve Italian shipowners and industry, and our world-wide customers, better than ever." Beside Scerni and Salerno, the following Directors have been appointed as members of the Board: Giuseppe Bernardi (Deputy Chairman); Umberto D'Amato; Gianrenzo Prati; Carlo Stagnaro and Manfredo Zanardi. RINA recently reported strong growth for its 2001 financial year. The consolidated revenues of the Group were Euro93.7m, up ten per cent from last year's Euro85.2m.

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