Colucci diventa nuovo ad del Gruppo Innovatec con deleghe esecutive

Innovatec spa (Innovatec, Company) (BIT: INC, ISIN: IT0005412298), listed on the Euronext Growth Milan market, announced that as part of the process of strengthening the company’s management team, the board of directors, chaired by engineer Elio Cosimo Catania, has unanimously co-opted and appointed Pietro Colucci as the new CEO of the Group, with immediate effect, granting him all executive powers.

Matteo Marini, who today resigned from his position as CEO, remains a board member, focusing more on the development of the renewable energy efficiency business unit, together with lawyer Roberto Maggio, who also resigned today as director and becomes the Group’s general manager. Raffaele Vanni returns to the role of Group CFO, a position he previously held from 2013 to 2019, replacing Andrea Cederle, who subsequently resigned for personal reasons. Raffaele Vanni will also continue to hold the position of IR for the Group.

“The return of Pietro Colucci,” commented Elio Cosimo Catania, President of Innovatec, “to the operational leadership of Innovatec represents a fundamental step in the company’s development project. Colucci’s undisputed qualities as an entrepreneur and manager, recognized and appreciated over his forty years of activity, make him one of the leading figures in the environmental and energy sector in our country. The management team is therefore strengthened, thanks also to the continuity that Marini, the previous CEO, will ensure in the field of Energy Efficiency, and the contribution of Roberto Maggio, Group General Manager, and the new Group CFO, Raffaele Vanni, who has extensive experience in the sector and the group. I am convinced that these choices represent an additional guarantee of satisfaction for our customers, investors, and the communities in which we operate.”

Pietro Colucci, a key figure in the green economy sector in Italy, is a major shareholder of the Innovatec Group through the family holding company Sostenya Group srl, of which he owns 51% of the share capital. Currently, Pietro Colucci indirectly owns – through Sostenya Group srl – 43,741,920 Innovatec shares (45.35% of the company’s share capital).

Pietro Colucci, as CEO, qualifies as an executive administrator (non-independent) and CEO, following the release of all organizational responsibilities and delegations previously assigned to Matteo Marini on January 30, 2023.

Based on the information provided by the interested party, the board of directors has also verified that there are no causes of ineligibility or incompatibility, and that the profile of the new CEO meets the requirements of integrity established by current regulations.

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