Paolo Scaroni
Encyclopedia
Paolo Scaroni, born on 28 November 1946 in Vicenza
, Italy
, is chief executive officer
of Italian energy company Eni SpA
.
of Milan
in the field of economics. In 1973 he obtained an MBA from Columbia Business School
.
for three years. After obtaining MBA, Scaroni was an associate at McKinsey & Company
. In 1973, he joined Saint-Gobain
, where he held different positions, culminating with his appointment as president of flat glass division. In 1985, he was appointed to the post of CEO of Techint
. In 1996, he moved to the United Kingdom to become Chief Executive Officer of Pilkington
.
From May 2002 to May 2005 he served as CEO of Enel
, Italy's leading electricity company. At Enel, Scaroni made a real breakthrough by abandoning the traditional multi-utility corporate model, supported by his predecessor Franco Tatò, in favour of placing greater focus on the core energy business. Under his mandate, Enel created a separate wind energy unit and the discontinued the roll out of the Enel Sì branded franchise. In 2005, he was chairman of Alliance Unichem before taking over the position of CEO of Eni
in 2006.
Scaroni is non-executive director of Assicurazioni Generali
, non-executive deputy chairman of London Stock Exchange Group
, and non-executive director of Veolia Environnement.
. Besides of this, he is in the board of overseers of Fondazione Teatro alla Scala
.
In November 2008, with reference to the Kyoto Protocol
and the climate change package Paolo Scaroni claims: “We think that in the short term, with existing technologies and expertise, renewable sources, namely solar and wind, will represent only a small fraction of energy supply. For this reason, at Eni we invest in research, in particular in solar, and we are sure that only a revolutionary technological invention will create renewable resources that can significantly contribute to our energy needs.
In November 2007 Scaroni was decorated as a member of the Légion d'honneur
.
bribery (kickback) charges and arrested in connection with an electrical
power station project in Brindisi (south Italy). He was arrested again (for one day) in 1993. This was part of the
massive "Tangentopoli" scandal that brought down Italy's
post-war political parties. In 1996 Scaroni was reportedly sentenced
to one year and four months in prison, but served
no time since the sencence was below the limit for going to prison.
Vicenza
Vicenza , a city in north-eastern Italy, is the capital of the eponymous province in the Veneto region, at the northern base of the Monte Berico, straddling the Bacchiglione...
, Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
, is chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of Italian energy company Eni SpA
Eni
Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...
.
Education
In 1969, Scaroni graduated from Bocconi UniversityBocconi University
Bocconi University is a private university located in central Milan, beside Parco Ravizza. Bocconi provides undergraduate, graduate and post-graduate education, in addition to a range of double degree programs, in the fields of economics, management, finance and law. According to many university...
of Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...
in the field of economics. In 1973 he obtained an MBA from Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
.
Career
In 1969, Scaroni joined Chevron CorporationChevron Corporation
Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...
for three years. After obtaining MBA, Scaroni was an associate at McKinsey & Company
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
. In 1973, he joined Saint-Gobain
Saint-Gobain
Saint-Gobain S.A. is a French multinational corporation, founded in 1665 in Paris and headquartered on the outskirts of Paris at La Défense and in Courbevoie. Originally a mirror manufacturer, it now also produces a variety of construction and high-performance materials.The company has its head...
, where he held different positions, culminating with his appointment as president of flat glass division. In 1985, he was appointed to the post of CEO of Techint
Techint
Techint is a conglomerate multinational company founded in Milan in September 1945 by Italian industrialist Agostino Rocca and headquartered in Milan and Buenos Aires . Techint comprises more than 100 companies operating worldwide in the following areas of business: Engineering & Construction,...
. In 1996, he moved to the United Kingdom to become Chief Executive Officer of Pilkington
Pilkington
Pilkington Group Limited is a multinational glass manufacturing company headquartered in St Helens, United Kingdom. It is a subsidiary of the Japan-based NSG Group...
.
From May 2002 to May 2005 he served as CEO of Enel
Enel
Enel may refer to:*Enel SpA, an Italian electricity company*Enel , a fictional villain in the One Piece manga and anime series*Enel, meaning third in the fiction of J. R. R. Tolkien, cf. Awakening of the Elves...
, Italy's leading electricity company. At Enel, Scaroni made a real breakthrough by abandoning the traditional multi-utility corporate model, supported by his predecessor Franco Tatò, in favour of placing greater focus on the core energy business. Under his mandate, Enel created a separate wind energy unit and the discontinued the roll out of the Enel Sì branded franchise. In 2005, he was chairman of Alliance Unichem before taking over the position of CEO of Eni
Eni
Eni S.p.A. is an Italian multinational oil and gas company, present in 70 countries, and currently Italy's largest industrial company with a market capitalization of 87.7 billion euros , as of July 24, 2008...
in 2006.
Scaroni is non-executive director of Assicurazioni Generali
Assicurazioni Generali
Assicurazioni Generali S.p.A. is the largest insurance company in Italy and one of the largest in Europe. It has its headquarters in Trieste...
, non-executive deputy chairman of London Stock Exchange Group
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
, and non-executive director of Veolia Environnement.
Social activities
From 1997 to 1999 Scaroni was President of the Vicenza football team. He is a member of the board of overseers of the Columbia Business SchoolColumbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
. Besides of this, he is in the board of overseers of Fondazione Teatro alla Scala
La Scala
La Scala , is a world renowned opera house in Milan, Italy. The theatre was inaugurated on 3 August 1778 and was originally known as the New Royal-Ducal Theatre at La Scala...
.
Political views
CEO Paolo Scaroni has never taken political positions supporting one particular party or coalition. He often emphasizes that Italy, unlike other countries in Europe, is a land of oil and gas, resources which are not valued enough, in his opinion, because of myopic political views and populist environmentalism.In November 2008, with reference to the Kyoto Protocol
Kyoto Protocol
The Kyoto Protocol is a protocol to the United Nations Framework Convention on Climate Change , aimed at fighting global warming...
and the climate change package Paolo Scaroni claims: “We think that in the short term, with existing technologies and expertise, renewable sources, namely solar and wind, will represent only a small fraction of energy supply. For this reason, at Eni we invest in research, in particular in solar, and we are sure that only a revolutionary technological invention will create renewable resources that can significantly contribute to our energy needs.
Honours
In 2004, Scaroni was decorated with Ordine al Merito del LavoroOrder of Merit for Labour
The Order of Merit for Labour was founded as national order of chivalry in 1923 by King Vittorio Emanuele III of Italy; it is awarded to those "who have been singularly meritorious" in agriculture, industry and commerce, crafts, lending and insurance. It is a continuation of the earlier Ordine al...
In November 2007 Scaroni was decorated as a member of the Légion d'honneur
Légion d'honneur
The Legion of Honour, or in full the National Order of the Legion of Honour is a French order established by Napoleon Bonaparte, First Consul of the Consulat which succeeded to the First Republic, on 19 May 1802...
.
Tangentopoli
In 1992 he pleaded guilty tobribery (kickback) charges and arrested in connection with an electrical
power station project in Brindisi (south Italy). He was arrested again (for one day) in 1993. This was part of the
massive "Tangentopoli" scandal that brought down Italy's
post-war political parties. In 1996 Scaroni was reportedly sentenced
to one year and four months in prison, but served
no time since the sencence was below the limit for going to prison.