Poste Italiane's By-laws state the Board of Directors is composed of no fewer than five and no more than nine members. The exact number is determined by the ordinary Shareholders' Meeting. Moreover, the By-laws state that non-controlling shareholders can appoint one-fourths (rounding up) of the total number of Directors.
The Shareholders' Meeting held on April 27, 2017 appointed the Board of Directors, that is composed by the following nine members: Maria Bianca Farina, Matteo Del Fante, Giovanni Azzone, Carlo Cerami, Antonella Guglielmetti, Francesca Isgrò, Mimi Kung, Roberto Rao, Roberto Rossi.
The same Shareholders' Meeting held on April 27, 2017 appointed Maria Bianca Farina as Chairman of the Board of Directors and, on April 28, 2017, the Board of Directors appointed Matteo Del Fante as Chief Executive Officer and General Manager of the Company.
All directors will stay in office until the Shareholders' Meeting to be called to approve the financial statements for the year ending December 31, 2019.
Therefore, the Board of Directors is now composed by the following nine members:
NCGC = Nominations and Corporate Governance Committe
RC = Remuneration Committee
CRSC = Control, Risk and Sustainability Committee
RCPC = Related and Connected Parties Committee
(1) Non executive Director
(2) Independent Director pursuant to articles 147-ter, paragraph 4 and 148, paragraph 3 of Unified Financial Act, as well as article 3 of Italian Corporate Governance Code.
The Shareholders' Meeting held on April 27, 2017 appointed the Board of Directors, that is composed by the following nine members: Maria Bianca Farina, Matteo Del Fante, Giovanni Azzone, Carlo Cerami, Antonella Guglielmetti, Francesca Isgrò, Mimi Kung, Roberto Rao, Roberto Rossi.
The same Shareholders' Meeting held on April 27, 2017 appointed Maria Bianca Farina as Chairman of the Board of Directors and, on April 28, 2017, the Board of Directors appointed Matteo Del Fante as Chief Executive Officer and General Manager of the Company.
All directors will stay in office until the Shareholders' Meeting to be called to approve the financial statements for the year ending December 31, 2019.
Therefore, the Board of Directors is now composed by the following nine members:
- Maria Bianca Farina (Chairman)
- Matteo Del Fante (Chief Executive Officer and General Manager)
- Giovanni Azzone
- Carlo Cerami
- Antonella Guglielmetti
- Francesca Isgrò
- Mimi Kung
- Roberto Rao
- Roberto Rossi
Board of Directors
| NCGC | RC | CRSC | RCPC | ||
|---|---|---|---|---|---|
| Chairman | Maria Bianca Farina(1) | ||||
| Chief Executive Officer and General Manager | Matteo Del Fante | ||||
| Director | Giovanni Azzone(1) (2) | X | X | ||
| Director | Carlo Cerami(1) (2) | X | X | ||
| Director | Antonella Guglielmetti(1) (2) | X | X | ||
| Director | Francesca Isgrò(1) (2) | X | X | ||
| Director | Mimi Kung(1) (2) | X | X | ||
| Director | Roberto Rao(1) (2) | X | X | ||
| Director | Roberto Rossi(1) (2) | X | X |
NCGC = Nominations and Corporate Governance Committe
RC = Remuneration Committee
CRSC = Control, Risk and Sustainability Committee
RCPC = Related and Connected Parties Committee
(1) Non executive Director
(2) Independent Director pursuant to articles 147-ter, paragraph 4 and 148, paragraph 3 of Unified Financial Act, as well as article 3 of Italian Corporate Governance Code.
The Directors’ attendance at meetings held by the Board of Directors – year 2017 (DatA PUBLISHED IN THE “REPORT ON CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE – year 2017”)
| Office | Members | In office since |
In office until |
Board of Directors* |
|---|---|---|---|---|
| Chair | Farina Maria Bianca | 4/2017 | 12/2017 | 8/8 |
| CEO/GM ◊ • | Del Fante Matteo | 4/2017 | 12/2017 | 8/8 |
| Director | Azzone Giovanni | 1/2017 | 12/2017 | 13/14 |
| Director | Cerami Carlo | 4/2017 | 12/2017 | 8/8 |
| Director | Guglielmetti Antonella | 4/2017 | 12/2017 | 8/8 |
| Director | Isgrò Francesca | 4/2017 | 12/2017 | 8/8 |
| Director | Kung Mimi | 1/2017 | 12/2017 | 14/14 |
| Director | Rao Roberto | 1/2017 | 12/2017 | 14/14 |
| Director | Rossi Roberto | 4/2017 | 12/2017 | 8/8 |
| Directors who left during the fy | ||||
| Chair | Todini Luisa | 1/2017 | 4/2017 | 6/6 |
| CEO/GM ◊ • | Caio Francesco | 1/2017 | 4/2017 | 6/6 |
| Director | Fabri Elisabetta | 1/2017 | 4/2017 | 6/6 |
| Director | Nicodano Umberto Carlo Maria | 1/2017 | 4/2017 | 6/6 |
| Director | Palmieri Chiara | 1/2017 | 4/2017 | 6/6 |
| Director | Passerini Filippo | 1/2017 | 4/2017 | 5/6 |
* This column shows the Directors’ attendance at meetings held by the Board of Directors. Specifically, it shows the number of meetings attended by the Director concerned out of the total number of meetings held. All absences were appropriately justified.
• This symbol indicates the Director in charge of the internal control and risk management system.
◊ This symbol indicates the person primarily responsible for the management of the issuer (Chief Executive Officer or CEO).
