Compagnie Industriali Riunite S.p.A.

Equities

CIR

IT0000080447

Delayed Borsa Italiana Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		-47.70%	-45.68%

May. 06	CIR has purchased more than 235,000 of its own ordinary shares	AN
Apr. 30	CIR, shareholders' meeting authorizes buyback of up to 208 million shares	AN

CIR Compagnie Industriali Riunite : Sogefi: Monica Mondardini appointed chairman, Laurent Hebenstreit Chief Executive

June 05, 2015 at 08:34 pm EDT

Sogefi: Monica Mondardini appointed chairman, Laurent Hebenstreit Chief Executive

Yann Albrand new Chief Financial Officer

Milan, June 5 2015 - The Board of Directors of Sogefi S.p.A. met today to appoint the new top management.

Laurent Hebenstreit, as announced on April 27, has been appointed as the new Chief Executive Officer of the company. Mr Hebenstreit, 54, is a French national and a graduate in Engineering from the École Centrale in Paris. He has had extensive international experience in the automotive components sector and has held important positions in Faurecia, Plastic Omnium, Allied Signal Automotive and Valeo. During his career, he has managed global businesses with annual revenues of between 2 and 3 billion euro, gaining experience in complex restructuring processes as well. Mr Hebenstreit has been co-opted on to the Board of Directors to replace resigning director Giuseppe Gianoglio.
At the proposal of Chairman Rodolfo De Benedetti, the Board appointed Ms Monica Mondardini as Chairman of the company. Ms Mondardini is the Chief Executive of the parent company CIR and since last October has also been Deputy Chairman of Sogefi. The directors thanked outgoing Chairman Rodolfo De Benedetti, who will remain on the Board as a director, for his contribution to the growth of the company over the last ten years. The Board then wished the new management of the company every success in its new role.

Lastly, in view of the new organization of the administration, finance and control function of the group, Mr Giancarlo Coppa, current Group CFO and Investor Relator, has decided to leave Sogefi to pursue new professional opportunities. At the request of the company, he will however continue in his role as Investor Relator and executive responsible for the preparation of the company's financial statements until July 31 2015. The Board of Directors thanked Mr Coppa for the work he has done in six years of collaboration and wished him all the best for his professional future. The company has appointed Yann Albrand as the new Chief Financial Officer. Albrand, 57, is of French nationality, graduated from Sciences Po Paris and has an MBA from the ESSEC Business School. He has consolidated experience of finance and administration management in important companies in various sectors. He comes from Urbania, the French real-estate company, where he was finance director for four years. Previously he worked for Marsh France (insurance brokerage) for ten years as deputy general manager with responsibility for finance and operations, for three years for Consodata (data management) as finance director and for nine years in the Lagardère group (Hachette Livre) with various management positions in finance and control. He began his career as an auditor working for Arthur Andersen.

5 June 2015 | 18:37 CEST

PDF File (153Kb)

distributed by

Latest news about Compagnie Industriali Riunite S.p.A.

CIR has purchased more than 235,000 of its own ordinary shares	May. 06	AN
CIR, shareholders' meeting authorizes buyback of up to 208 million shares	Apr. 30	AN
CIR bought back own shares for EUR609,000 approx.	Apr. 22	AN
CIR goes ahead with buybacks of its own ordinary shares	Apr. 15	AN
CIR buys back own ordinary shares for over EUR160,000	Apr. 08	AN
CIR goes ahead with buybacks of its own ordinary shares	Apr. 03	AN
CIR goes ahead with buybacks of its own ordinary shares	Mar. 29	AN
CIR has purchased treasury shares for more than EUR610,000	Mar. 25	AN
BlackRock and Capital Fund exceed 0.5 percent on TIM	Mar. 21	AN
CIR purchases 1.9 million of its own ordinary shares	Mar. 18	AN
CIR goes ahead with buybacks as part of its buyback plan	Mar. 11	AN
CIR returns to profit and improves indicators in 2023	Mar. 11	AN
CIR goes ahead with buybacks with substantial share buyback	Mar. 04	AN
CIR has purchased more than one million of its own shares	Feb. 26	AN
Sogefi soars after accounts and Filtration deal	Feb. 26	AN
Marshall Wace cuts short on Saipem	Feb. 23	AN
CIR has purchased more than 820,000 of its own ordinary shares	Feb. 20	AN
Futures on "sell" side; UK inflation stable	Feb. 14	AN
Mib bearish in 31,100 area; Saipem stays afloat	Feb. 13	AN
CIR has purchased nearly 600,000 of its own ordinary shares	Feb. 12	AN
CIR goes ahead with its share buyback program	Feb. 05	AN
CIR ahead with buybacks, bought back own shares for over EUR100,000	Jan. 30	AN
CIR has purchased more than 521,000 of its own ordinary shares	Jan. 22	AN
CIR goes ahead with its share buyback program	Jan. 15	AN
CIR continues with buybacks of its own ordinary shares	Jan. 09	AN

Chart Compagnie Industriali Riunite S.p.A.

Duration

Period

Chart Compagnie Industriali Riunite S.p.A.

More charts

Company Profile

CIR SpA Compagnie Industriali Riunite is an Italy-based company. The Company structures its business into five sectors: Energy, Media, Automotive Components, Healthcare and Non-core Investments. In the Energy sector, the Company is active in the generation of electrical power and distribution of natural gas. The Media sector is focused on publishing, radio, television and Internet portals operation. The Automotive Components sector is primarily engaged in the production of engine systems and suspension components. In the Healthcare sector, the Company is active in the operation of nursing homes and rehabilitation centers, as well as in the provision of hi-tech medical services, such as diagnostic imagining, nuclear medicine and radio therapy. In the Non-core Investments sector, the Company is involved in venture capital funds, private equity funds and other investments.

Sector

More about the company