Francesco Tanzi to Lead Proposed Corporate General Management at Pirelli

Andrea Casaluci, the prospective Chief Executive Officer of Pirelli, alongside current Executive Vice Chairman and CEO Marco Tronchetti Provera, intends to put forth a proposition to the Board of Directors. This proposal, to be discussed after the shareholders' meeting scheduled for July 31, 2023, aims to establish a Corporate General Management structure under the supervision of Casaluci.

The person entrusted with leading this structure will be Francesco Tanzi, who will be returning to the Pirelli Group. The motivation behind this proposal is also to comply with the Prime Ministerial Decree of June 16, 2023, which grants the Cabinet special powers according to Legislative Decree No. 21/2012, commonly known as the "Golden Power" decree.

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Pirelli
Published on
June 29, 2023

In addition, the Board of Directors will be requested to appoint Marco Tronchetti Provera as the Executive Vice Chairman, empowering him with responsibilities relating to overall strategies, overseeing the execution of the business plan, and handling matters concerning communication, corporate affairs, internal controls, as well as relationships with shareholders and institutions.

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