BOARD OF DIRECTORS
The Board of Directors – in addition to the powers it is granted with by law and by the By-laws – shall have exclusive competence over the most important decisions from an economic and strategic profile and in terms of structural incidence on the management, as well as over the decisions functional to the monitoring and direction of the Company and of the Group.
Executive Chairman – Nicola Piovan (***)
Mr. Piovan was born in Padua on September 24, 1963, he graduated in Business Economics from Bocconi University in 1990. Between 1991 and 1993 he worked for PMP S.r.l., a company operating in the blowing and molding of bottles for cosmetics, initially as Sales Manager and then as General Manager. Subsequently, he carried out training in all departments of Piovan Group, becoming General Manager in 1997, Chief Executive Officer in 2002 and Sole Director in 2011. From 2008 to 2013 he was a member of Assocomaplast, an association that brings together the most important Italian manufacturers of machinery, auxiliary equipment and molds for the processing of plastics and rubber. He has also been a board member of the Association of Industrialists of Venice. In 2019, he has been awarded with the title of “Cavaliere del Lavoro” (Knight of Labour, Italy’s highest civilian honour), by the President of the Italian Republic, Sergio Mattarella.
Chief Executive Officer – Filippo Zuppichin
Mr. Zuppichin was born in Latisana on December 24, 1968, he graduated with honours in Electronic Engineering from the University of Padua in 1993 and began his career at Italtel S.p.A – Hewlett Packard as a software developer for the communications sector. From 1995 to 2000 he worked for the Swedish multinational Electrolux, in particular for the company Zanussi Professional S.p.A., working between Sweden, London and Pordenone. In those same years he held various positions as manager in the Research and Development and Product & Marketing sectors until in 1999, when he was appointed assistant to the Executive Chairman of Electrolux Professional S.p.A. In 2000 he became General Sales & Marketing Manager of the Food & Beverage equipment division at Carrier Corporation. In 2006 he joined Piovan Group as Group Managing Director. He currently holds the position of Chief Executive Officer of Piovan S.p.A..
Independent Director – Marco Maria Fumagalli (*) (**)
Mr. Fumagalli was born in Bergamo in 1961, he graduated with
honours in Business Economics from the Università Cattolica in Milan in 1987.
In 1993, he qualified as chartered accountant and has been registered in the
Register for Statutory Auditors since 1995. In 2000 he qualified as Chartered
Financial Analyst. He started his professional career in 1987 in Montedison
Group. Subsequently, he worked in the administration area of Alleanza
Farmaceutica Group and in RCS Editori S.p.A. From 1993 until March 2002, he
worked as manager at Consob. From 2002 until April 2015, Mr. Fumagalli was head
of the capital markets department at Centrobanca S.p.A.. Since 2015, he works
as independent consultant.
Independent Director – Mario Cesari (*)
Mr. Cesari was born on October 17, 1967, bi-national Swiss
and Italian, he obtained a master’s degree in industrial engineering in 1992
from the Milan Polytechnic with a thesis written while at the Frauenhofer
Institut Stuttgart. Mr. Cesari also obtained a MBA from Insead in 1997. He has
an international career of three decades combining operational, strategic
planning, board memberships and direct investment expertise. He began his
career in 1993 in the automotive industry at Valeo Thermal Systems in France and
Asia, and he then held various positions in the consulting firm McKinsey &
Co. (Paris and Geneva offices) with a focus on Automotive, Lean Manufacturing
and Private Equity, becoming a Senior Manager in 2001. From 2001 to 2004 he is
Principal of Berkshire Partners in Boston, and subsequently Executive Director
in Vestar Capital in Paris, both American Private Equity funds. From 2009 to
2022 he has been serving as head of corporate development & strategy at TBG
group, a multi-billion private industrial holding, where he has gained
considerable experience in investments, extraordinary transactions and
strategic corporate development. In 2022, he founded his own consulting firm,
lschyra Europe, dedicated to fostering the growth of companies with family-owned
shareholders in Europe. He is also a member of the Board of Directors of
Industrie De Nora S.p.A., as well as chairman of Light Conversion UAB and
Bantleon GmbH, and also Director of Larry S.p.A. (Falck family) and De Agostini
Independent Director – Manuela Grattoni (*)
Manuela Grattoni graduated in Business Economics from the University of Trieste and has been Chartered Accountant since September 7, 1983 and Auditor with Ministerial Decree of April 12, 1995 published in the Official Gazette 31/bis in April 21, 1995. After graduating in Economics and Commerce, Manuela Grattoni worked at a firm of Chartered Accountants and in 1984 she joined KPMG S.p.A., where she held the role of Partner from 1999 to September 2020. She acted as head of Treviso Office from 1999 to 2003 and of Padua Office from 2003 to 2018. She also served as Professional Technician for the North East Area of KPMG. She has an in-depth knowledge of the methodologies and best practices concerning the auditing and accounting services of important companies in the industrial, commercial, construction and transport sectors. She has gained experience in auditing positions on national and international companies and groups with financial statements prepared according to Italian Accounting Standards, IFRS and USGAAP. She also has experience in extraordinary transactions of domestic companies and subsidiaries of international Groups. She carries out internal and external teaching activities on issues related to auditing and accounting standards. She is a Member of the Association of Chartered Accountants of Vicenza, of the Committee on Auditing Principles and the Committee on Accounting Principles of the “ODCEC” of Vicenza and in this role she has been a rapporteur at various conferences. She is co-author of the IPSOA publication “Revisione legale dei conti” published in 2019.
Independent Director – Antonella Lillo (*)
Born in Treviso on August 19, 1961, Antonella Lillo is a
civil lawyer, member of the Treviso Bar Association since 1989 and admitted to
practice law before the Supreme Court since 2002. Founding partner in 1991 of
the BM&A law firm, which today includes about 50 lawyers, she is expert in
commercial, banking, bankruptcy, civil execution and e-commerce law. She has
been working for many years with numerous credit institutions, including
foreign ones, for some of which also as litigation general attorney, dealing,
among other things, with financial intermediation litigation; she collaborates
with professional banks’ associations and with companies for the consortium
management of banking services. She has been officiated by the Court of Treviso
of the legal assistance to receivership and has dealt with business crisis
arrangements and restructure of the debits of primary commercial companies.
Antonella Lillo is also a consultant of real estate and securities investment
funds, including non-residents, rapporteur at several conferences on banking,
bankruptcy and asset management and protection law, author of publications on
the aforementioned subjects; as well as Arbitrator of the National Arbitral
Court, member of STEP (Society of Trust and Estate Practitioners) and winner of
the LOY Award- Lawyer of the Year litigation banking 2016. She’s a member of
the Board of Directors of Fondazione Milano Cortina 2026.
(*) Independent Director pursuant to Article 147-ter, comma 4 of the Consolidated Financial Act and Recommendation 7 of the Corporate Governance Code.
(**) Lead independent director pursuant to Recommendation 13 of the Corporate Governance Code.
(***) The Chairman Nicola Piovan previously acted as sole director or member of the Board of Directors of the Company since January 1, 1996.
BOARD OF STATUTORY AUDITORS
The Board of Statutory Auditors comprises three statutory auditors and two alternate auditors. The following table sets forth the members of the Board of statutory auditors and their respective titles.
Chairperson – Carmen Pezzuto
Statutory auditor – Luca Bassan
Statutory auditor – Patrizia Santonocito
Alternate auditor – Kristian Sartor
Alternate auditor – Stefania Targa
Deloitte & Touche S.p.A. is the audit firm engaged for the statutory audit, it is based in Milan, Via Tortona 25 and it is registered at n° 132587 of the Chartered Accountants’ Register (Registro dei Revisori Legali), according to article 2 of D.L. n. 39/2010.
NOMINATION AND REMUNERATION COMMITTEE
Chairperson – Manuela Grattoni
Member – Marco Maria Fumagalli
Member – Antonella Lillo
CONTROL, RISK AND SUSTAINABILITY COMMITTEE
Chairperson – Antonella Lillo
Member – Marco Maria Fumagalli
Member – Mario Cesari
RELATED PARTIES COMMITTEE
Chairman – Marco Maria Fumagalli
Member – Mario Cesari
Member – Manuela Grattoni