Home » Saipem, on the Cdp-Eni list Francesco Caio Chief Executive Officer and Silvia Merlo Chairman

Saipem, on the Cdp-Eni list Francesco Caio Chief Executive Officer and Silvia Merlo Chairman

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MILANO – I’m Francesco Caio e Silvia Merlo the names indicated by Eni and Cdp Industria for the renewal of Saipem’s top management at the Shareholders’ Meeting on April 30th. The two main shareholders presented a joint list indicating Silva Merlo as chairman of the group’s board of directors and Francesco Caio as CEO. In the list – it is explained in a note – in addition to the two there are Alessandra Ferone, Pier Francesco Ragni, Marco Reggiani, and Paola Tagliavini.

“Francesco Caio – reads the press release – is the candidate with the specific professional skills for the appointment as CEO of the company”. Eni and Cdp Industria “will also submit the following proposals to the Shareholders’ Meeting of Saipem: appoint Silvia Merlo as Chairman of the Board of Directors; confirm the current remuneration of the Directors, therefore proposing to determine the gross annual remuneration due to each Director (including the President) in 60,000 euros, in addition to the reimbursement of expenses incurred for the office “.

Caio president of Alitalia, a life from Olivetti to the post office


Silvia Merlo, born in 1968, is the CEO of Merlo spa, a company that operates in the sector of telescopic handlers and handling systems and technology with a turnover of approximately 450 million in turnover and which employs 1,200 employees and Tecnoindustrie Merlo, a company with a turnover of approximately 35 million in turnover. A graduate in business administration from the Carlo Cattaneo University (Liuc) of Castellanza, in the province of Varese, Merlo, born in Cuneo, is also a member of the board of directors of Erg. Among the other positions held in the past was that of member of the Board of Directors and of the Executive Committee of the Cassa di Risparmio di Savigliano Bank from April 2006 to April 2012; as a member of the Board of Directors of Finmeccanica, of Leonardo, of the BNL from April 2012 to December 2015, of the Gedi group.

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