Home » Erg appoints the new CEO and approves a dividend of € 0.75 per share

Erg appoints the new CEO and approves a dividend of € 0.75 per share

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Change at the top of the Erg group: the board of directors of the company, just appointed by the shareholders’ meeting, has appointed Paolo Luigi Merli, former general manager and CFO of the group, new CEO. In addition to the president Edoardo Garrone, the executive vice president, Alessandro Garrone, and the vice president Giovanni Mondini have been confirmed.

Luca Bettonte, the outgoing CEO, who held the position for nine years and three terms, was confirmed as a director and member of the strategic committee. He was also thanked by the board of directors “for the extraordinary results achieved – reads a note – which allowed Erg to develop and establish itself as a primary European player in renewables, through a radical industrial transformation”.

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Thanks to Bettonte

Edoardo Garrone wished to thank, on his behalf and on behalf of the shareholders, «the members of the outgoing board for the significant contribution provided during their mandate. A special thanks to Luca Bettonte who has led the group in an excellent way in these extraordinary years of radical industrial transformation ».

The manager, continued the president of Erg, “in the new role, will continue to make a valuable contribution to the development of the group”. Garrone then addressed a wish to Merli for the new position “which – he said – he will be able to fill with competence and passion”.

Alessandro Garrone also thanked Bettonte «for the incredible work done in these 15 years in Erg, during which we have achieved excellent results. As it was for me 10 years ago, even Luca, after three terms from CEO, leaves the baton to a manager who has grown internally ».

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