Remuneration Committee

The Committee provides recommendations and advice to the Board of Directors and, among others, it submits to the Board of Directors for its approval the Remuneration Report and, in particular, the remuneration policy for Directors and managers with strategic responsibilities 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 to the Board. It also formulates proposals for the remuneration of the Chairman and of the Chief Executive Officer and directors members of the Board’s internal committees and, examined the indications of the CEO, the Committee proposes the general criteria for the remuneration of managers with strategic responsibilities, annual and long-term incentive plans, including equity based plans, as well as the definition of performance targets and the achievement of the Company's performance outcomes linked to the determination of the variable remuneration of the Directors with delegated powers and the implementation of incentive plans. Finally, it expresses any opinions as may be required by the rules on transactions with interests of directors and statutory auditors and on transactions with related parties within the terms specified therein.

Members

  • Andrea Gemma, Chairman, independent

    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.

  • Pietro Guindani, independent

    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.

  • Alessandro Lorenzi, independent

    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, Director of Ersel SIM SpA and of Mutti SpA.

     

  • Diva Moriani, independent

    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.

     

Committees of the Board of Directors

established the following internal Committees: Control and Risk Committee Remuneration Committee (Compensation Committee until March 15, 2018) Nomination Committee Sustainability and Scenarios Committee The Board [...] Committees recommended by the Corporate Governance Code, namely the Control and Risk Committee, the Compensation Committee and the Nomination Committee. The Board confirmed as well ...

27 April 2018 eni.com Section: company

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 [...] provide advice and offer proposals: the Control and Risk Committee, the Remuneration Committee (Compensation Committee until ...

6 April 2018 eni.com Section: enipedia

Committees' meetings and activities in 2017

the basis of which it expressed its favourable opinion to the Board on the appropriateness of the powers and resources assigned to the FRO and on the actual compliance with administrative and accounting [...] regard to the activities performed. Meetings and activities of the Remuneration Committee (Compensation Committee until 15 March ...

11 July 2018 eni.com Section: enipedia

Board of Directors

internal advisory and consultative Committees: Control and Risk Committee Remuneration Committee (Compensation Committee until March 15, 2018) Nomination Committee

13 April 2017 eni.com Section: company

Enrico Maria Bignami

Presently, among others, he is Lead Indipendent Director and member of the Nomination and Compensation Committee of Inwit SpA, member of the Watch Structure of Luxottica Group SpA, non-executives and independent

24 May 2018 eni.com Section: company

FAQs Remuneration

term of office, the Board of Directors determines the remuneration of the Directors with delegated powers or for participation in board committees, proposal of the Remuneration Committee and after consultation [...] Policy and of the Remuneration Report the proposals on the remuneration of Directors with delegated powers and for participation in ...

6 April 2018 eni.com Section: enipedia

Remuneration Reports – Full transparency

Plain for all to see We provide an annual Remuneration report: transparency in prime position. The Remuneration Report, approved by the Board of Directors on 15th March 2018, as per the recommendation

6 April 2018 eni.com Section: company

Power activities

thermo-electric power stations located at Eni's main productive sites (Brindisi, Ferrara, Mantua, Ravenna and Ferrera Erbognone) and a co-generation plant in a Bolgiano, that provides power for the district

9 February 2018 eni.com Section: operations

By-laws

adopted for the composition and division of powers The By-laws describe the system of governance and set out the criteria adopted for the composition and division of powers attributed to the corporate bodies and

25 July 2016 eni.com Section: company

Concentrated solar power

costs. Concentrated thermodynamic solar power Energy efficiency and low investment costs. Versatile technology for producing electricity and heat Concentrated solar power (CSP) is a technology at once both [...] Unit, takes us on a trip around a CSP plant and reveals its secrets. How do CSP plants work? Solar power plants ...

15 May 2017 eni.com Section: Innovation

Mexico: the power of exploration

Mexico: the power of exploration An excellent discovery among natural treasures. Mexico: the power of exploration An excellent discovery among natural treasures. A success story The first agreement between

20 February 2018 eni.com Section: operations

Eni and MIT together for fusion power

Eni and MIT together for fusion power Looking to the stars for clean, sustainable, and limitless energy. Eni and MIT together for fusion power Looking to the stars for clean, sustainable, and limitless [...] on a continuous basis for the power grid. A challenge that Eni intends to pursue with a ...

15 June 2018 eni.com Section: Innovation

Alessandro Lorenzi

Control of GFT Group (1989-1994) and Managing Director of GFT SpA, with ordinary and extraordinary powers over all operating activities (1994-1995). In 1995 he was appointed Chief Executive Officer of SCI

12 May 2016 eni.com Section: company

Gas & Power: 2016 performance and capital expenditure

Gas & Power: 2016 performance and capital expenditure Gas & Power: 2016 performance and capital expenditure Overview In detail: performance data for 2016 in the Gas & Power sector the 2016 Technical [...] Technical Investments Table in Gas & Power sector 2016 Performance PERFORMANCE - GAS & POWER 2014 2015 2016 Employees at year end (number) 4 ...

9 August 2017 eni.com Section: enipedia

Eni’s activities in the Gas & Power segment

gas marketing Gas & Power: the long journey On ships or through pipelines, gas makes a long journey before being fed into the distribution network and reaching industries and homes. The cities of electricity

12 May 2016 eni.com Section: operations

Ordinary and Extraordinary Shareholders' Meeting May 8, 2014

and 80,000 euro pre-tax, respectively; to reduce the remuneration of the Directors with delegated powers pursuant to Article 23-bis, paragraph 5-quinquies, of Decree Law No. 201 of December 6, 2011, ratified [...] the remuneration which may be determined by the Board of Directors for the Directors with delegated powers must ...

9 May 2014 eni.com Section: enipedia

Generation of electricity and power sales in 2016

optimization of inflows and outflows of power. Power sales: 2016 key facts In 2016, power sales of 37.05 TWh were directed to the free market (74%), the Italian power exchange (15%), industrial sites (9%) [...] Generation of electricity and power sales in 2016 Generation of electricity and power sales in ...

9 August 2017 eni.com Section: enipedia

Gas and power: performance and investments during the year

Gas and power: performance and investments during the year The sector saw an increase in gas sales, increased investment and the development of power stations. Our results 2016 saw a rise in gas sales [...] (down by 61%) contribution. In 2016, greenhouse gas emissions (GHG) increased by 6%, reflecting higher power ...

12 May 2016 eni.com Section: operations

Regulatory norms in Trading & Shipping

provisions for control in consideration of the fact that national authorities have their own specific powers of investigation, enforcement and sanctioning. The implementation of REMIT is monitored by the Agency

12 May 2016 eni.com Section: enipedia