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 May 06, 2020 and shall remain in office until the Shareholders’ Meeting called to approve the statutory financial statements at December 31, 2022.
SIT’s Board of
Directors currently comprises:
|Name||Executive||Non-executive ||Indipendent||Lead Indipendent director||C.R.S.C.||R.C.||R.P.C.|
Federico De Stefani
Chairman and Chief Executive Officer. Director in charge of the Internal Control and Risk Management System.
|Chiara De Stefani|
Independent Director and Lead Indipendent Director
| Lorenza Morandini|
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 and participated in the course “Financial Management Program” at the Columbia Business School 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 Executive Chairman of SIT, SIT Technologies and Metersit, as well as Sole Director of SIT Immobiliare S.p.A., also holding positions as Chairman, Chief Executive Officer and Director in other SIT Group companies worldwide.
Attilio Francesco Arietti graduated in 1974 with a degree in Economics and Commerce from the University of Turin and in 1978 a Master in Business Administration from the Harvard Business School. In 1975 he qualified for the profession of Chartered Accountant and Expert and today he is registered with the Association of Chartered Accountants of Turin. He began his professional career in 1978 as Assistant Manager in the Management Consulting Services department of Deloitte & Touche at the New York and Milan offices and in 1980 he founded Baker Tilly Consulaudit S.p.A. (today operating under the company name Baker Tilly Revisa). From 1980 to 2013, Attilio Arietti was managing partner of Dr Arietti & Associati S.r.l. STP, Italian member of Baker Tilly International. In 1999 Attilio Arietti founded Oaklins Arietti Srl, exclusive representative for Italy of the Oaklins group. From 2013 he was promoter, together with Giovanni Cavallini, of some SPACs.
Fabio Buttignon attended the Cà Foscari University (Venice) and graduated in Business Economics in 1983. After significant experience gained at the University of California Los Angeles (UCLA) in the economic field, he became Associate Professor of Business Administration at the University Cà Foscari. In addition to working as a Chartered Accountant and Auditor, since 2002 he is Full Professor of Corporate Finance at the Department of Economics of the University of Padua. He is also the founder of a consulting firm in corporate finance and business strategy.
Chiara de’ Stefani has a degree in Economic Sciences and a master’s degree in Integrated Business Management from CUOA. She is a member of the Order of Chartered Accountants and Accounting Experts of Padua and she is a Statutory Auditor. For SIT S.p.A, since 2008, she has been a member of the Board of Directors, of the Risk Control and Sustainability Committee and of the Remuneration Committee. Previously, she was Managing Director of the Finance and Control Administration and Chief Financial Officer (CFO) of the SIT Group, as well as a member of the Strategic Committee and of the Control and Risk Committee. Since 2017 she is an independent member of the Board of Directors of Cattolica Assicurazioni S.p.A, a company listed on the MTA market of Borsa Italiana and a member of the Appointments Committee. Within the Cattolica Group, since 2013 she is an independent member of the Board of Directors of Lombarda Vita S.p.A, a bancassurance company operating in the UBI Banca Banking Group. In 2018 she was appointed member of the Board of Directors of the University of Padua.
Bettina Campedelli graduated with honors in Economics and Commerce in 1985, earning the qualification to practice as a Chartered Accountant since the following year. She has been a member of the Register of Auditors since 1995. From 1988 to 1992 she worked as a researcher in Business Economics at the University of Verona and was an Associate Professor in Business Economics first at the University of Bergamo and then at the University of Milan – Bicocca until 2000. She was a professor at the LUISS Guido Carli University of Rome from 1999 to 2004 for the teaching of Cost Analysis and Accounting. Since 2000 she is Full Professor of “Planning and Control and Corporate Review” at the University of Verona. She has held numerous positions in various banking and insurance institutions and is currently a Director of Società Cattolica di Assicurazioni S.p.a. where she is also Chairman of the Control, Risks and Sustainability Committee and member of the Related Parties Committee. She is Chairman of the Board of Directors of the ICM Group SpA, Member of the Board of Statutory Auditors of Calpendia SpA and of the Board of Directors of FVS Sgr.
Carlo Malacarne is part of the Board of Director of Atlantia (since April 2019) and a member of the Human Resources and Remuneration Committee of the same company. Graduated in Electronic Engineering, he began his career in Snam in the gas transportation technical service as Director of TLC and process systems, he contributed to the reorganization of Eni’s telecommunication systems by managing the transfer of the Snam business unit to the New Telecommunications Company, of which he is appointed Managing Director. Since 1999 he has been the Director of the Italian Network Management and since 2001 he has been appointed General Manager of the Operating Activities of Snam Rete Gas, in view of the listing on the Stock Exchange, President of the Board of Directors of GNL Italia, the General Manager of Snam Rete Gas (2005-2006) and President of the same (2012-2016). In Snam he holds the position of Managing Director (2006 – 2016) and that of Chief Executive Officer (2016-2019). He was a member of the general council of Confindustria and Assolombarda, as well as of numerous technical bodies including the presidential committee of the CIG (Italian Gas Committee) and the steering committee of the Italian Technical Association of Gas (ATIG) and President of Confindustria Energia. He was also Managing Director of Mariconsult and member of the Board of Directors in numerous international companies including Transitgas, Sergaz and Scogat.
Lorenza Morandini is Adjunct Professor at the LUISS Business School, where she teaches on Supply Chain and Innovation issues, and she is Managing Director of ANGELS4WOMEN-Italy, where she deals with issues of female entrepreneurship and venture capital. Graduated in economics at Bocconi University, with honors, she holds MBA in Corporate Finance and Marketing at Indiana University (USA), thanks to a Fulbright scholarship, and completed her specialization (MBA-SPE) at INSEAD (Fontainebleau – France). After a brief experience at Bestfoods – Unilever, as industrial controller, and at Mckinsey, as Summer Associate, in 1999 she joined The Boston Consulting Group (BCG) at the Chicago office. On returning to Europe – she remained in BCG until 2006 – she became Global Supply Chain Leader, and joined Indesit, where she remained until 2011, first as Group Business Development Director and then as Marketing Director Service. Finally, from 2012 to 2015, she held the position of General Manager, Customer Service and she joined the Executive Committee of the CANDY HOOVER group. From 2015 to 2018, she worked at Poste Italiane, where she is part of the group of managers who have dealt with the digital transformation and the listing of the group. Certified as Innovation Manager by the Ministry of Economic Development and included among the “Unstoppable women” by StartupItalia magazine, she is part of the Fulbright Commission for the selection of PhD and MBA in the United States, as part of her give-back activities.