Iren, Board of Directors appoints Paolo Emilio Signorini CEO and Managing Director

Iren Board of Directors appoints Paolo Emilio Signorini CEO and

(Tiper Stock Exchange) – The Board of Directors of Iren, meeting today in Reggio Emilia, following the resignation presented by Gianni Vittorio Armani on 12 June 2023, co-opted Paul Emilio Signorini and named him Chief Executive Officer and General Manager.

The appointment follows the formal indication that the Syndicate Committee of Iren’s public shareholders – made up of Marco Bucci, Mayor of Genoa, Stefano Lo Russo, Mayor of Turin and Luca Vecchi, Mayor of Reggio Emilia – has formulated.

Paolo Emilio Signorini, following the conferment of management powers, qualifies as non-independent executive director and, based on the information available, holds no shares of society.

Born in Genoa in 1963, Signorini graduated from the Faculty of Political Science of the University of Florence continuing his studies at the Yale Law School (Yale University). He started his career at the Bank of Italy and al Ministry of Economy and Finance, subsequently he was Head of the Department for the planning and coordination of economic policies at the Presidency of the Council of Ministers (2008-2013) and Head of the Department for Infrastructure, Information and Statistical Systems at the Ministry of Infrastructure and Transport (2013 -2015). He has been a member of the boards of directors of companies operating in the infrastructure and transport sector such as Italferr and Telt SaS. Finally, he held the position of President of thePort System Authority of the Western Ligurian Sea (2016-2023).

“I am honored to become part of a company like Iren, strategic for the territories in which it operates – declared Paolo Emilio Signorini – I will put my previous skills and experience at the service of the company to continue the path already undertaken by the Group towards the ecological transition”.

“On behalf of the Board of Directors and all the employees, we welcome Mr. Signorini with pleasure, with the awareness that his arrival represents an opportunity for Iren to strengthen the Group – declared Luca Dal Fabbro and Moris Ferretti, respectively Chairman and Vice President of the Group – Thanks to synergy and teamwork, we are sure of achieving the challenging objectives of the Business Plan, paying particular attention to the constant improvement of the quality of services, growth in renewables, the development of new local service”.

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