Jiao Jian new president of Pirelli
Pirelli appoints new board of directors: Chinese Jiao Jian as president
The assembly of Pirelliin which 84.16% of the capital with voting rights participated, appointed the new board of directors for the financial years 2023-2024-2025, made up of 15 members, nine of whom are independent.
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They were then elected Jiao Jian (appointed president), Tronchetti Provera MarcoCagoodbye Andrew, Chen Aihua, Zhang Haitao, Chen Qian, Bradanini Alberto, Michele Carpinelli, DeSole Dominic, Fan Xiaohua, Marisa Pappalardo e Tang Grace, all drawn from the majority list (voted by approximately 83.82% of the share capital represented at the meeting). The other 3 administrators are Roberto Diacetti, Paola Boromei e John Lo Stortodrawn from the minority list (voted by approximately 16.05% of the represented capital).
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The Shareholders’ Meeting also approved the remuneration policy for 2023 (with 83.14% of the share capital present at the meeting) and expressed its favorable opinion (with 83.91%) of the Report on the remuneration paid for the financial year 2022. The shareholders also approved (with 84.68%) the adoption of the 2023-2025 three-year monetary incentive plan (LTI Plan) for the group’s management.
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During the assembly Tronchetti Proverawho chaired the meeting, thanked the outgoing chairman Li Fanrong and outgoing directors, George Luca Bruno, Yang Shihao, Wang Feng, Tao Haisu, Giovanni Tronchetti Provera e Wei Yintao “for the work done in favor of the company and the results achieved”. The first meeting of the new board of directors has been convened for August 3 to deliberate on the governance of the company and, in particular, on the appointment of the executive vice-president and the chief executive officer, who will be respectively Marco Tronchetti Provera e Andrea Casaluci.
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