Board of Directors Meeting Highlights
The Board of Directors of Leonardo convened on April 16, following the Shareholders’ Meeting, to confirm the appointment of Chairman Giovanni De Gennaro. He now oversees key areas including Institutional Relations, Security, and Group Internal Audit. Additionally, he is responsible for ensuring integrity in corporate governance and combating corruption.
During this crucial meeting, Mr. Alessandro Profumo was appointed as Chief Executive Officer. He expressed his gratitude, stating, “I am honoured to have been entrusted with this role and appreciate the confidence of the shareholders and the Board of Directors. I recognize the immense responsibility of leading Leonardo, a global leader in the Aerospace, Defence, and Security sectors.”
Leonardo is renowned for attracting top engineering talent. To maintain excellence in products and technologies, it aims to leverage this talent both domestically and internationally. Today’s competitive landscape emphasizes human capital, knowledge, and an acute understanding of customer needs to provide sustainable solutions tailored to their requirements, alongside a robust focus on financial stability.
Leonardo is a formidable player—well-equipped to strengthen its position across various sectors in the global market.
Assessment of Directors’ Independence and Appointment of Lead Independent Director
The Board verified that all non-executive Directors—Guido Alpa, Luca Bader, Marina Elvira Calderone, Paolo Cantarella, Marta Dassù, Dario Frigerio, Fabrizio Landi, Silvia Merlo, and Marina Rubini—meet the independence criteria set by law and the Corporate Governance Code. The only exceptions include President Giovanni De Gennaro, due to his role, and Director Antonino Turicchi, due to his position with the Ministry of Economy and Finance.
All independent Directors asserted their compliance with independence requirements when the lists were submitted. Consequently, the Company adheres to the Code, which mandates at least one-third independent Directors for FTSE-Mib issuers. The Board utilized the criteria outlined in the Corporate Governance Code during its assessment, and the Board of Statutory Auditors confirmed the correct application of these standards.
Following this assessment, Paolo Cantarella was appointed as the Lead Independent Director.
Appointment of Board Committees Members
At the same meeting, the Board appointed members to the Internal Committees in accordance with the Corporate Governance Code, ensuring that these committees consist solely of non-executive and independent Directors.
Control and Risks Committee
- Paolo Cantarella (Chairman)
- Guido Alpa
- Fabrizio Landi
- Silvia Merlo
Remuneration Committee
- Dario Frigerio (Chairman)
- Marina Elvira Calderone
- Antonino Turicchi
- Marina Rubini
Nomination, Governance, and Sustainability Committee
- Guido Alpa (Chairman)
- Marina Elvira Calderone
- Marta Dassù
- Dario Frigerio
- Marina Rubini
- Antonino Turicchi
- Paolo Cantarella
Analysis of International Scenarios Committee
- Marta Dassù (Chairman)
- Luca Bader
- Fabrizio Landi
- Silvia Merlo
