News & Insights | Textile Industry

A significant organizational reorganization taking place at ENI.

Published: September 14, 2024
Author: TEXTILE VALUE CHAIN

CEO Claudio Descalzi stressed that this development will improve efficiency, support efforts to reduce carbon emissions, and improve operational excellence, particularly in regions that are confronting structural constraints.

Three Chief Operating Officers who answer to the CEO are part of the new organizational structure. In charge of managing financial strategy and energy transition projects through Plenitude and Enilive, Francesco Gattei will head the Chief Transition & Financial Officer division.

Technical, operational, and engineering projects will be managed by Global Natural Resources, under the direction of Guido Brusco. Power generation, marketing, and trading oil will be integrated in this section, with an emphasis on low-emission upstream development and multi-local methods.

Giuseppe Ricci will head Industrial Transformation, concentrating on restructuring and innovation in the chemical sector (Versalis) and advancing traditional refining into bio-refining. This division will also focus on environmental remediation (Eni Rewind) and new circular, specialized bioplatforms.

The overarching goal is to accelerate the transition of traditional industries into bio and circular platforms, enhance environmental remediation, and improve margins in transition businesses.

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