Paolo Scaroni

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Paolo Scaroni
Paolo Scaroni, April 2012.jpeg
Born Paolo Scaroni
(1946-11-28) 28 November 1946 (age 68)
Italy, Vicenza
Alma mater Bocconi University
Columbia Business School
Occupation Businessman
Known for CEO of Enel and CEO of Eni SpA

Paolo Scaroni, born on 28 November 1946 in Vicenza, Italy, is an Italian businessman and the former chief executive officer of Italian energy company Eni.[1]

Education[edit]

In 1969, Scaroni graduated from Bocconi University of Milan in the field of economics. In 1973 he obtained an MBA from Columbia Business School as his son Alvise Scaroni .[1]

Career[edit]

In 1969, Scaroni joined Chevron Corporation for three years. After obtaining MBA, Scaroni was an associate at McKinsey & Company. In 1973, he joined Saint-Gobain, where he held different positions, culminating with his appointment as president of flat glass division. In 1985, he was appointed CEO of Techint. In 1996, he moved to the United Kingdom to become Chief Executive Officer of Pilkington.[1][2]

From May 2002 to May 2005, he served as CEO of Enel, Italy's leading electricity company.[1] At Enel, Scaroni made a real breakthrough by abandoning the traditional multi-utility corporate model, supported by his predecessor Franco Tatò, in favour of placing greater focus on the core energy business. Under his mandate, Enel created a separate wind energy unit and discontinued the roll out of the Enel Sì branded franchise.[citation needed] In 2005, he was chairman of Alliance Unichem before taking over the position of CEO of Eni in 2006.[1][2]

Scaroni is non-executive director of Assicurazioni Generali, non-executive deputy chairman of London Stock Exchange Group, and non-executive director of Veolia Environnement.[2]

Social activities[edit]

From 1997 to 1999, Scaroni was President of the Vicenza football team. He is a member of the board of overseers of the Columbia Business School. In addition to this, he is in the board of overseers of Fondazione Teatro alla Scala.[2]

Political views[edit]

CEO Paolo Scaroni has never taken political positions supporting one particular party or coalition. He often emphasizes that Italy, unlike other countries in Europe, is a land of oil and gas, resources which are not valued enough, in his opinion, because of myopic political views and populist environmentalism.[citation needed]

In November 2008, with reference to the Kyoto Protocol and the climate change package Paolo Scaroni claims: "We think that in the short term, with existing technologies and expertise, renewable sources, namely solar and wind, will represent only a small fraction of energy supply. For this reason, at Eni we invest in research, in particular in solar, and we are sure that only a revolutionary technological invention will create renewable resources that can significantly contribute to our energy needs.[citation needed]

Honours[edit]

In 2004, Scaroni was decorated with Ordine al Merito del Lavoro In November 2007 Scaroni was decorated as a member of the Légion d'honneur.[1][2]

Tangentopoli[edit]

In 1992, he pleaded guilty to bribery (kickback) charges and arrested in connection with an electrical power station project in Brindisi (southern Italy).[3] He was arrested again (for one day) in 1993.[4] This was part of the massive "Tangentopoli" scandal that brought down Italy's post-war political parties. In 1996, Scaroni was reportedly sentenced to one year and four months in prison, but served no time since the sentence was below the limit for going to prison.[5][6][7][8]

References[edit]

External links[edit]