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Consolidated Financial Report |
DIRECTORS’ REPORT
2014 Annual Report
Prysmian Group
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A graduate in Mechanical Engineering from Florence Univer-
sity, Valerio Battista is a manager with extensive knowledge
and understanding of the industrial sector after more than
20 years of experience, initially with the Pirelli Group and
then with the Prysmian Group, which he has headed since
2005. He held positions of increasing responsibility within
the Pirelli Group, including for the restructuring and reor-
ganisation of Pirelli Cavi, which in the period 2002-2004 was
transformed into one of the most profitable and competitive
companies in its industry. In 2005 he played a key part in the
creation of the Prysmian Group, leading to its flotation in
2007. The Group of which he is currently CEO is world leader in
the energy and telecom cables industry, with approximately
19,000 employees and 89 plants around the world.
Fabio Romeo has been Chief Strategy Officer since January
2014. After graduating in Electronic Engineering from
Milan's Polytechnic University in 1979, he then obtained
an M.S. and a Ph.D. in Electrical Engineering and Computer
Sciences from the University of California, Berkeley. He
began his career with Tema (ENI Group) as Product Manager
for its chemical plants and in 1982 he moved to Honeywell
as a technical advisor to the Group's CEO. In 1989 he joined
Magneti Marelli as Innovation Manager of the Electronics
division, later becoming Director of the Electronics Systems
division. In 2001 he moved to the Pirelli Group, where he held
the positions of Director in charge of the Truck business unit
and Director in charge of the Pirelli Cable division's Utilities
business. From 2005, he held the position of Director of
Prysmian’s Energy Cables division, becoming the Group's
Executive Vice President of the Energy Business in 2011.
TOP MANAGERS
FABIO
ROMEO
Chief Strategy
Officer
PIER
FRANCESCO
FACCHINI
Chief Strategy
Officer
Pier Francesco Facchini became CFO of the Prysmian Group
in January 2007. He graduated in Business Economics in
1991 from the "Luigi Bocconi" University in Milan. His first
professional experience was with Nestlè Italia, where he
held different positions in the Accounting and Finance
department between 1991 and 1995. From 1995 to 2001, he
worked for the Panalpina Group where he held the position
of Regional Financial Controller for the Asia-Pacific region.
During his career with the Panalpina Group he was also
appointed CFO of Panalpina Korea (Seoul) and Panalpina
Italia Trasporti Internazionali S.p.A.. In April 2001 he was
appointed Finance Director of Fiat Auto's Consumer Services
business unit, leaving in 2003 to become CFO of the Benetton
Group, a post he held until November 2006.
VALERIO BATTISTA
Chief Executive Officer