Eni S.p.A.

ENI

IT0003132476

Integrated Oil & Gas

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Terna: Di Foggia waives severance pay, clearing path for Eni

Published on 04/22/2026 at 12:10 am EDT - Modified on 04/22/2026 at 02:05 am EDT

Alliance News - Translated by Marketscreener - See original

ENI S.P.A.

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TERNA S.P.A.

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Terna: Di Foggia waives severance pay, clearing path for Eni

(Alliance News) - Giuseppina Di Foggia is prepared to waive her EUR7.3 million severance package from Terna to clear the way for her appointment as chair of Eni, following an ultimatum from the Giorgia Meloni-led government, La Repubblica reported on Wednesday.

The Prime Minister had made it clear that Di Foggia had to choose between the Eni chairmanship and the severance pay, as the two options were incompatible under current regulations and corporate bylaws.

According to the newspaper, a breakthrough occurred yesterday evening: Terna announced the outgoing CEO's willingness to renounce the severance package, although she is reportedly seeking to retain other indemnities.

The decision paves the way for her move to Eni after days of intense political and media pressure.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
	ENI S.P.A.	20.50EUR	0.00%	-4.98%	68.84B
	TERNA S.P.A.	10.28EUR	0.00%	+1.43%	23.55B

Latest news about Eni S.p.A.

02:00am	Vallourec Wins Carbon Steel Line Pipes Supply Deal for Greater PAJ Project in Angola	MT
01:14am	Oil, a sharply stronger quarter, according to Barclays; Eni in focus	AN
Jun. 29	Soft selloff in Europe; Avio leads the few gainers	AN
Jun. 29	Eni Buys 32% Stake in Three Upstream Blocks in the Vaca Muerta LNG Project	RE
Jun. 29	Eni, XRG to Buy Interests in Three Vaca Muerta Blocks Tied to Argentina LNG Project	MT
Jun. 29	Abu Dhabi's XRG and Italy's Eni to acquire stakes in blocks linked to Argentine LNG project	RE
Jun. 29	Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Amid Hopes for Renewed US-Iran Diplomacy	MT
Jun. 29	Argentina's YPF signs agreement with Eni and XRG for upstream development of LNG project	RE
Jun. 29	Eni Signs Deal for 32% Stake in Three Fields in Argentina	AN
Jun. 29	Eni has started ramping up gas output in Libya with NOC	AN
Jun. 29	Eni Starts Enhanced Gas Production Off Libyan Coast	MT
Jun. 29	Europe Mixed; MIB Tentative, Led by Saipem and STM	AN
Jun. 29	Eni Starts Hydrocarbon Production at Libyan Project	MT
Jun. 29	Eni and NOC boost Libya gas output with start-up of Sabratha Compression project	RE
Jun. 26	Stocks open lower after tech selloff	AN

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Company Profile

Eni S.p.A. is an integrated energy company active across the entire value chain. It has a significant presence in traditional conventional oil and gas exploration and production activities, as well as in the marketing of natural gas and LNG, thanks to a broad supply portfolio. Through innovative business models, Eni S.p.A. is committed to developing new energy sources and decarbonization services. In the downstream oil and petrochemical sector, a major transformation and restructuring process is underway. As part of its energy transition activities, Eni S.p.A.'s satellite model involves the creation of entities dedicated to developing low-carbon products and solutions that, thanks to the injection of specialized capital, can grow autonomously and financially independently, thereby creating value for the parent company.

Employees

32,349

Sector

Integrated Oil & Gas

Calendar

Earnings release - Q2 2026

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