Saipem elects new Chief Financial and Strategy Officer

Italian oil and gas industry contractor Saipem has informed that Giulio Bozzini will assume the role of Chief Financial and Strategy Officer (CFSO), with responsibility for Administration, Finance and Control, ICT and Strategy.

Currently head of Planning and Control at Eni S.p.A., Giulio Bozzini has already worked in a number of managerial roles at Saipem.

Saipem noted that Alberto Chiarini, who leaves the roles of Saipem Chief Financial Officer and Manager responsible for the preparation of financial reports, will ensure a smooth handover before moving on to a new position at Eni.

Acting on a proposal submitted by the Chairman in conjunction with the CEO, the Saipem Board of Directors – following consultation with the Compensation and Nomination Committee and having obtained the favourable opinion of the Board of Statutory Auditors – has appointed Mariano Avanzi “Manager responsible for the preparation of financial reports”.

Mariano Avanzi has been with Saipem since 1994 and is Executive Vice President for Planning, Administration and Control.

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