Eni Shareholders Set to Confirm Oil Man Descalzi as CEO
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Eni SpA is set to confirm Claudio Descalzi, a lifelong oil man who’s risen through company ranks, as the new chief executive officer of Italy’s biggest energy company.
Shareholders will vote to make him the new CEO later today at the company’s annual general meeting held in Rome. Descalzi was nominated to replace Paolo Scaroni by the Italian government, Eni’s biggest shareholder with a 30 percent stake held both directly and through an investment by state lender Cassa Depositi e Prestiti.