Pursuant to the By-laws, the Board of Directors is composed of no fewer than 3 and no more than 9 members, elected by the ordinary Shareholders’ Meeting, which determines their number within these limits. The By-laws state that non-controlling shareholders can appoint three-tenths of the total number of Directors on the Board.
The Shareholders’ Meeting of 13 April 2017 set the number of Directors at 9 and appointed for three financial years and in any case until the date of the Shareholders’ Meeting that will be called to approve the financial statements for the 2019 financial year, the Directors: Emma Marcegaglia, Claudio Descalzi, Andrea Gemma, Pietro A. Guindani, Karina A. Litvack, Alessandro Lorenzi, Diva Moriani, Fabrizio Pagani and Domenico Livio Trombone.
Emma Marcegaglia, Claudio Descalzi, Andrea Gemma, Diva Moriani, Fabrizio Pagani and Domenico Livio Trombone were nominated from the slate of candidates submitted by the Ministry of the Economy and Finance.
Pietro A. Guindani, Karina A. Litvack and Alessandro Lorenzi were nominated from the slate of candidates submitted by Italian and foreign institutional investors.
The Shareholders’ Meeting also confirmed Emma Marcegaglia as Chairman of the Board of Directors and, on 13 April 2017, the Board of Directors confirmed Claudio Descalzi as Chief Executive Officer and General Manager of the Company.
8 out of 9 Directors appointed in 2014 by the Shareholders’ Meeting were confirmed by the Shareholders’ Meeting held on 13 April 2017, thus favoring the continuity of management (the table below reports also dates of first appointment of Eni Directors).