(Alliance News) - Eni Spa announced Wednesday that the shareholders' meeting determined the number of directors at nine and appointed the new members of the chairman's board of directors, who will serve for three fiscal years, that is, until the approval of the December 31, 2025, financial statements.

Of the new board, therefore, Giuseppe Zafarana was appointed chairman, while the directors are.

Claudio Descalzi, Elisa Baroncini, Massimo Belcredi, Roberto Ciciani, Carolyn Adele Dittmeier, Federica Seganti, Cristina Sgubin, Director, Raphael Louis L. Vermeir, Director.

In addition, the board of statutory auditors was appointed for a term of three years that includes Rosalba Casiraghi as chairwoman, Enrico Maria Bignami, Marcella Caradonna, Giulio Palazzo, Andrea Parolini as regular auditors, Giulia De Martino and Giovanna Villa as alternate auditors.

On Thursday, on the other hand, Eni's board of directors appointed Claudio Descalzi as chief executive officer and general manager, to whom it conferred powers of administration of the company with the exclusion of specific powers that the board reserved for itself, in addition to those that cannot be delegated by law.

The board also confirmed the chairman's central role in the system of internal controls, giving him, in particular, the task of managing the hierarchical relationship of the head of the internal audit function to the board. In addition, the chairman will carry out his statutory functions of representation by managing, in particular, the company's institutional relations in Italy, in sharing with the CEO.

Eni's stock trades in the red by 2.3 percent at EUR13.12 per share.

By Chiara Bruschi, Alliance News reporter

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