Board of Directors
In accordance with the By-Laws, SIT is governed by a Board of Directors comprising between a minimum of 7 (seven) and a maximum of 11 (eleven) members appointed by the Shareholders’ Meeting, who remain in office for 3 (three) financial years and until the Shareholders’ Meeting called to approve the Financial Statements for the final year of their mandate.
The Board of Directors of SIT was appointed by the Shareholders’ Meeting of June 26, 2026 and shall remain in office until the Shareholders’ Meeting called to approve the statutory financial statements at December 31, 2028.
SIT’s Board of Directors currently comprises:

Federico de Stefani graduated in Business Economics from the Cà Foscari University of Venice, and completed his studies at the Harvard Business School in the USA. He began his career at Vaillant in Remscheid, Germany. From 1994 to 1996 he worked at Ernst & Young Corporate Finance in New York. From 1996 to 1998 he was general manager of SIT Controls Ltd, the English branch of the SIT Group. In 1998 he joined the Board of Directors of SIT La Precisa, a company at the time head of the SIT group. Federico de Stefani is also holding positions as Chairman, Chief Executive Officer and Director in other SIT Group companies in Italy and worldwide. Federico de Stefani has been a member of the General Council of Confindustria since 2022 and a member of the Executive Council of the European Heating Industry since 2014.
After graduating in Aeronautical Engineering at the Polytechnic University of Milan, Walter Albè pursued his professional career at Whirlpool in the Operations area where he held positions of increasing responsibility until he became Vice President of the Dishwashing Platform, Operations and Technologies Manager of the Food Preparations Platform. In 2010 he joined Ariston Thermo Group, first as Director BU Heating, later, as Industrial and Technology Director, and finally, as Chief Supply Chain & Operations Officer. From 2020 Walter joined Franke Group as Vice President R&D and Category Management.
Stefano Besseghini is a physicist and executive with more than thirty years of experience in the fields of scientific research, energy, and public utility regulation.
He is currently a Researcher at the National Research Council (CNR) – ICMATE, having resumed his research activities following the completion of his term as President of ARERA.
He graduated in Physics from the University of Milan and subsequently obtained a specialization in Materials Science and Technology.
From 2018 to 2025, he served as President of ARERA (the Italian Regulatory Authority for Energy, Networks and Environment), overseeing the regulation of the electricity, natural gas, water and waste sectors, including the management of the energy crisis and the transition to competitive energy markets.
Previously, he was Chairman and Chief Executive Officer of RSE – Ricerca sul Sistema Energetico S.p.A., where he played a key role in expanding research and innovation activities in the energy sector.
He also held senior leadership positions within MEDREG, Aemme Linea Ambiente S.r.l., LE2C – Lombardy Energy Cleantech Cluster, CTL – Centro Tecnologico del Legno and Politec – Valtellina Technology Hub, gaining extensive experience in the governance of complex public and private organizations.
His professional career began at the National Research Council (CNR), where he headed the Lecco research unit and collaborated with leading national and international industrial and scientific organizations.
He is the author of numerous scientific publications and co-author of several patents, with significant expertise in innovation management and technology transfer.
Maria Chiara Franceschetti is an entrepreneur and business executive with extensive experience in industrial automation, technological innovation and corporate governance.
She currently serves as Chairwoman of the Gefran Group, a position she has held since 2018, following her tenure as Vice Chairwoman of Gefran S.p.A. from 2017 to 2018. Previously, from 2014 to 2017, she served as Chief Executive Officer of the Gefran Group, leading the company’s development and consolidation in international markets.
She joined Gefran S.p.A. in 1998 and, over the years, held various positions within the Group and its subsidiaries. Since 2004, she has held senior management roles with increasing responsibilities in industrial operations and strategic management.
Since 2021, she has been a member of the Board of Directors of Fingefran S.r.l., the financial holding company controlling the majority of Gefran’s share capital. She previously served as Chairwoman of Fingefran S.r.l. from 2016 to 2019.
Throughout her career, she has held numerous institutional and industry association positions. She currently serves as Vice President of Confindustria Brescia, with responsibility for Internationalization and Business Ecosystem Development for the 2025-2029 term, as a member of the General Council of ANIE Federation, and as Vice President of ANIE Automation with responsibility for Energy and Sustainability.
She also serves on the boards of Moltiply Group S.p.A., Banca Santa Giulia, and Axel S.r.l., and is a member of the Governing Board of the Fondazione Nazionale Cinzia Dabrassi.
Her professional background is characterized by deep expertise in industrial processes, international business development, sustainability, and the governance of listed companies and technology-driven manufacturing groups.
Paola Bruno has more than thirty years of experience in finance, investment banking, corporate finance, mergers and acquisitions (M&A), corporate governance, and risk management. In addition to serving as an Independent Director on the Board of Directors of SIT S.p.A., she currently holds numerous board and supervisory positions in both listed and private companies in Italy and abroad.
She graduated in Political Science with a specialization in International Economics from Sapienza University of Rome and subsequently enhanced her academic background through a Master’s degree in Finance and executive education programs at SDA Bocconi School of Management.
Throughout her career, she has worked as an investment banker at leading international financial institutions, including UBS and Merrill Lynch International. She has also held senior management positions within major Italian banking groups such as Banco Popolare and Banca Italease, as well as serving as Chief Financial Officer and Investor Relations Officer for listed companies and private equity-backed businesses.
Since 2013, she has been the founder and managing director of Augmented Finance Ltd., an independent strategic and financial advisory firm. In parallel, she has served as an independent director, Chair, and member of board committees in numerous Italian and European listed companies, including Banco Desio, Clessidra Private Equity SGR, COIMA RES, Retelit, INWIT, Alerion Clean Power, SEC Newgate, and Solutions 30.
Her professional background is characterized by extensive expertise in corporate finance, capital markets, M&A transactions, corporate governance, and risk management, gained through leadership roles in international financial institutions and major listed companies.
Massimiliano Nitti is a lawyer with extensive experience in corporate law, mergers and acquisitions (M&A), private equity, and corporate governance, developed over more than twenty-five years of professional practice advising industrial groups, listed companies, and investment funds in both the Italian and international markets.
He currently serves as Partner and Head of the Corporate Department at Linklaters Italy.
He graduated in Law from the Università Cattolica del Sacro Cuore in Milan in 1998 and subsequently obtained, in 2002, a LL. M. in Comparative Jurisprudence from New York University.
He is admitted to the Milan Bar, is a member of the New York State Bar, and is also qualified as a solicitor in England and Wales.
Prior to joining Linklaters, he spent a substantial part of his professional career at the law firm Chiomenti, where he served as Co-Head of the Private M&A Department and as Managing Partner of the London office. Throughout his career, he also gained significant international experience at the law firms Skadden, Arps, Slate, Meagher & Flom LLP in New York and Gide Loyrette Nouel in Paris.
Valentina Bosetti is an economist specializing in environmental economics, climate change, and the energy transition, with extensive academic and institutional experience at both the national and international levels.
She is currently a Full Professor of Environmental and Climate Change Economics at Bocconi University and a Senior Scientist at the RFF-CMCC European Institute on Economics and the Environment.
She holds a degree in Environmental Sciences from the University of Milano-Bicocca, a Master’s degree from University College London, and a Ph.D. from the University of Milan.
From 2020 to 2023, she served as Chairwoman of Terna S.p.A., gaining significant experience in the governance of one of Italy’s leading infrastructure companies.
Previously, she held research and teaching positions at several prestigious academic institutions, including Bocconi University, the Fondazione Eni Enrico Mattei, Princeton University, and Stanford University.
She has also contributed to the work of the Intergovernmental Panel on Climate Change (IPCC) as a Lead Author of major international climate change assessment reports and has led important research projects funded by the European Research Council (ERC).
Throughout her career, she has established herself as one of Italy’s leading experts in sustainability, climate policy, and energy economics.