Board of Directors
The company is governed by its Board of Directors, appointed on 22 April 2009 and consisting of 11 members, 5 of whom are independent. The members of the Board are appointed and may be re-elected at the annual shareholders' meeting. They may remain as members for no more than three years. The mandate of the current Board will expire with the approval of the annual financial statements on 31 December 2011. The Board of Directors is granted powers of ordinary and extraordinary administration, with the authority to perform all such actions as it may consider necessary and appropriate for the implementation and achievement of corporate objectives.
Composition of the board of directors
| Name | Position | Exec/non-exec | Independence (Code of Conduct) | Independence TUF |
|---|---|---|---|---|
| Carlo De Benedetti | Chairman | Exec | ||
| Monica Mondardini | CEO | Exec | ||
| Rodolfo De Benedetti | Director | Non exec | ||
| Agar Brugiavini | Director | Non exec | x | x |
| Elisabetta Oliveri | Director | Non exec | x | x |
| Giorgio Di Giorgio | Director | Non exec | x | x |
| Mario Greco | Director | Non exec | x | x |
| Tiziano Onesti | Director | Non exec | x | x |
| Michael Zaoui | Director | Non exec | x | x |
| Luca Paravicini Crespi | Director | Non exec | x | x |
| Francesco Dini | Director | Non exec | ||
| Sergio Erede | Director | Non exec | ||
| Maurizio Martinetti | Director | Non exec |