Saipem BoD approves appointment of CEO

The Board of Directors of Saipem S.p.A. held a meeting on May 6, 2014, and confirmed the appointment of Umberto Vergine as CEO of Saipem S.p.A.

Umberto Vergine, born in Milan in 1957 is a Chartered Civil Engineer from Politecnico di Milano and joined Eni in 1984.

Having started his career in Agip as Petroleum Engineer, he worked between 1985 and 1991 in Norway on the Ekofisk field, in Angola in Cabinda and in Libia in Tripoli. He then took the responsibility of Production Manager of the Crema District in the North of Italy.

Between 1993 and 2001, Umberto covered various leading positions overseas, managing different Eni E&P companies: District Manager of Agip UK in Aberdeen, District General Manager of Nigerian Agip Oil Co (NAOC) in Port Harcourt and General Manager of Petrobel Company in Egypt. In 2001 he was Managing Director of Lasmo Venezuela in Caracas. At end 2002 he was appointed Managing Director of Ieoc in Cairo.

Following his return to Italy in 2004, he held in the Eni E&P Division the following responsibilities:
– Regional Vice President, West Africa and Egypt,
– Senior Vice President for North Sea, Americas, Russia, Far East and Pacific,
– Senior Vice President Technologies & Services and
– Executive Vice President for South Europe, Central Asia, Far East and Pacific.

In 2010 he was appointed Eni S.p.A. Senior Executive Vice President for Studies and Research.

He has been a member of the Board of Directors of Saipem S.p.A., of Eni Trading & Shipping, of Eni Foundation and Eni’s representative in the Board of Fondazione Politecnico di Milano.

From 1st of January 2012 to 5th of December 2012 he has been Chief Operating Officer of the Gas & Power Division – Eni S.p.A.