Compensation Committee

It provides recommendations and advice to the Board on compensation issues. It submits to the Board of Directors for its approval the Remuneration Report and, in particular, the compensation policy for Directors and key management personnel to be presented to the Shareholders’ Meeting and periodically evaluates the adequacy, overall consistency and actual implementation of the adopted policy, formulating proposals on the topic for the Board of Directors. It presents proposals for the compensation of the Chairman of the Board and the Chief Executive Officer and the members of the Board’s internal committees and, examining the CEO’s recommendations, presents proposals for the general criteria for the compensation for key management personnel, annual and long-term incentive plans, including equity-based plans, establishing performance targets and assessing results for performance plans in connection with the determination of the variable portion of the compensation for Directors with delegated powers and with the implementation of incentive plans. Finally, the Committee also issues the opinions required under the procedure for related party transactions in the manner specified therein.

Members

  • Alessandro Lorenzi, Member

    He has been a Board Member in Eni since May 2011, elected from the list presented by Italian and Foreign institutional investors. He was born in Turin in 1948 and is founding partner of Tokos S.r.l, Chairman of Società Metropolitana Acque Torino SpA and Director of Ersel SIM SpA.

     

  • Andrea Gemma, Chairman

    He was born in Rome in 1973 and has been a Board Member in Eni since May 2014. He is Professor of Private Law at The Third University of Rome and was visiting professor at European Universities and at Villanova University. He is member of the strategic board of the American University of Rome. He is Appeal Court Lawyer. He is also Deputy Chairman of Serenissima SGR SpA and member of the Board of Directors of Banca UBAE SpA and of Global Capital PLC.

  • Diva Moriani, Member

    She has been a Board Member in Eni since May 2014 elected from the list presented by the Economy and Finance Ministry. She was born in Arezzo in 1968 and graduated in Economics from the University of Florence.

     

  • Pietro Guindani, Member

    He has been Director of Eni since May 2014, elected from the list of candidates submitted by a group of Italian and foreign Institutional Investors. He was born in Milan in 1958 and graduated in Economics from Bocconi University in Milan. He is Board Member of Confindustria.

Committees of the Board of Directors

Legal Affairs Department in the case of specific judicial investigations. The Compensation Committee The Compensation Committee consists of four non-executive directors, all independent in line with current [...] Committees recommended by the Corporate Governance Code, namely the Control and Risk Committee, the Compensation Committee and the Nomination Committee. The Board confirmed ...

10 May 2017 eni.com Section: company

Committees of the Board of Directors

Legal Affairs Department in the case of specific judicial investigations. The Compensation Committee The Compensation Committee consists of four non-executive directors, all independent in line with current [...] Committees recommended by the Corporate Governance Code, namely the Control and Risk Committee, the Compensation Committee and the Nomination Committee. The Board confirmed ...

10 May 2017 eni.com Section: company

Committees of the Board of Directors

Legal Affairs Department in the case of specific judicial investigations. The Compensation Committee The Compensation Committee consists of four non-executive directors, all independent in line with current [...] Committees recommended by the Corporate Governance Code, namely the Control and Risk Committee, the Compensation Committee and the Nomination Committee. The Board confirmed ...

10 May 2017 eni.com Section: company

FAQs Remuneration

determines the remuneration of the Directors with delegated powers or for participation in board committees, proposal of the Compensation Committee and after consultation with the Board of Auditors. In implementing [...] section of the Remuneration Report available on the Company's website. What is the role of the Compensation Committee Eni ...

17 March 2017 eni.com Section: enipedia

Committees' meetings and activities in 2016

regard to the activities performed. Meetings and activities of the Compensation Committee in 2016 In 2016, the Compensation Committee met 9 times, with an average participation rate of 94.4%. The average [...] the basis of which it expressed its favourable opinion to the Board on the appropriateness of the powers ...

4 August 2017 eni.com Section: enipedia

FAQs Board of Directors

Directors appoints a Chief Executive Officer and delegates him all the powers for the administration of the Company with the exception of the powers that cannot be delegated pursuant to the current legislation and [...] internal Committees to provide advice and offer proposals: the Control and Risk Committee, the Compensation Committee ...

28 July 2017 eni.com Section: enipedia

Remuneration: governance, purpose and summary indicators

role of Eni's Shareholders, Board of Directors, and Compensation Committee on Remuneration issues the composition and activities of the Compensation Committee the importance of the Remuneration Policy in achieving [...] resolution is not binding. Board of Directors Determines the remuneration of the Directors with delegated powers and of those who ...

22 July 2016 eni.com Section: enipedia

Remuneration Policy 2017

delegated powers Remuneration defined in line with the decisions taken by the Shareholders' Meeting on 13th April 2017 and with the median levels at relevant comparators, taking the delegated powers into account. [...] remuneration (FR) set by the new Board of Directors based on a proposal of the Compensation Committee in ...

22 July 2016 eni.com Section: enipedia

Compensation paid in 2016

euros set by the Shareholders' Meeting on 8 th May, 2014 and the fixed remuneration for the delegated powers of 148 thousand euros approved by the Board on 28 th May, 2014. (2) Claudio Descalzi - Chief Executive [...] of 8 th May, 2014. (b) The amount includes the 30 thousand euros ...

1 January 2016 eni.com Section: company

Remuneration Reports – Full transparency

approved by the Board of Directors on February 28, 2017, as per the recommendation of the Compensation Committee, in accordance with the applicable legal and regulatory requirements, defines and illustrates:

4 August 2017 eni.com Section: company