Italy Names Cattaneo at Enel as Meloni Shakes Up State Firms

  • Nomination for CEO post defuses spat with Salvini’s League
  • Cingolani proposed as new Leonardo CEO, Descalzi for Eni
Flavio CattaneoPhotographer: Alessia Pierdomenico/Bloomberg
Lock
This article is for subscribers only.

Italian Prime Minister Giorgia Meloni’s government proposed Flavio Cattaneo as the new chief executive officer of energy company Enel SpA, resolving a spat within her governing coalition.

Cattaneo, currently executive vice president at rail company Italo SpA and previously a top executive at Telecom Italia SpA and Terna SpA, was proposed to replace Francesco Starace, who led the state-controlled utility for three terms, according to a finance ministry statement. Veteran executive Paolo Scaroni was proposed as chairman.