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Marco Tronchetti Provera

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Marco Tronchetti Provera
Provera in 2012
Born1948 (age 76–77)
Milan, Italy
NationalityItalian
OccupationBusinessman
OrganizationMediobanca
Children3

Marco Tronchetti Provera (Italian pronunciation: [ˈmarko troŋˈketti proˈvɛːra]; born 1948) is an Italian businessman. He was the chief executive officer of Pirelli & Co. S.p.A. from 1992[1] to 2022[2] and its executive vice chairman since October 20, 2015. He is the chairman of Marco Tronchetti and Provera & C. S.p.A., a holding that he controls and which indirectly holds 50% of Camlin S.p.A. (where he was chairman until December 2013). Camping indirectly holds 41% of Marco Polo Industrial Holding S.p.A., the major shareholder who controls Pirelli & C. S.p.A.[3]

Biography

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Provera was born in Milan in 1948. He obtained an Economics and Business Administration degree from the Bocconi University of Milan in 1971.[4] He joined the Pirelli Group in 1986. He married Cecilia Pirelli, the daughter of the company founder, Leopoldo Pirelli, in 1987. He took over operational control of the group in 1992.[1][5]

In 2001, he acquired a controlling stake in Telecom Italia's main holding, became chairman of the company, and attempted to sell it to the Mexican telecommunications mogul, Carlos Slim.[6]

In 2015, he led the $7-billion takeover of China National Chemical Corporation on Pirelli.[6] He negotiated to remain executive vice-chairman and CEO of the tire company.[7] In May 2022, he stepped down as CEO of Pirelli but remained the executive vice-chairman.[2]

Other roles

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  • Since September 2020: Member of the Italian Aspen Institute.[8]
  • Deputy chairman of the Board of Mediobanca[9]
  • Member of the executive committee of Confindustria[9]
  • Member of the International Advisory Board of insurance company Allianz[5]
  • Member of the Steering Committee of Assonime[10] and of Assolombarda.
  • Honorary co-chairman for the Italian branch of the Council for the United States and Italy
  • Member of the Italian Group of the Trilateral Commission.
  • December 1996-September 2005: Chairman of Il Sole 24 Ore[11]
  • October 2001-September 2005: Board member of Milan's La Scala opera house
  • September 2001-September 2006: Chairman of Telecom Italia S.p.A[6]

Personal life

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He was previously married to the journalist Letizia Rittatore Vonwiller.[12] He then married Cecilia Pirelli in 1987, with whom he had three children.[12] In December 2001, he married Afef Jnifen.[13] They announced their divorce in 2018.[12]

References

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Wikimedia Commons has media related to Marco Tronchetti Provera.
  1. ^ a b Borrelli, Silvia Sciorilli (2023-06-09). "The Pirelli boss taking on China's Communist party". Financial Times. Retrieved 2023-06-11.
  2. ^ a b "Pirelli's shareholders indicate Bruno as new CEO, extend pact". Reuters. 2022-05-16. Retrieved 2022-10-30.
  3. ^ "PIRELLI - Marco Tronchetti Provera". www.pirelli.com. Retrieved 2016-01-23.
  4. ^ "Marco Tronchetti Provera profile". Retrieved 11 September 2014.
  5. ^ a b "Marco Tronchetti Provera background". Archived from the original on September 11, 2014. Retrieved 11 September 2014.
  6. ^ a b c Sanderson, Rachel (2015-03-27). "Pirelli boss Tronchetti Provera displays savvy dealmaking skills". Financial Times. Retrieved 2022-10-30.
  7. ^ Sanderson, Rachel (2019-02-10). "Pirelli's Tronchetti Provera: a contrarian view on dealmaking". Financial Times. Retrieved 2022-10-30.
  8. ^ executive Committee, aspeninstitute.it/
  9. ^ a b "Mediobanca Corporate Governance". Archived from the original on 6 October 2014. Retrieved 19 September 2014.
  10. ^ "Assonime Executive Committee". Archived from the original on 11 September 2014. Retrieved 19 September 2014.
  11. ^ "Gruppo 24 Ore history". Archived from the original on 11 September 2014. Retrieved 11 September 2014.
  12. ^ a b c Saltalamacchia, Stefania (2018-11-09). "Marco Tronchetti Provera e Afef Jnifen, è divorzio". Vanity Fair Italia (in Italian). Retrieved 2022-10-30.
  13. ^ "Afef Jnifen, une Success Story à la tunisienne – WEPOST". www.wepostmag.com. Archived from the original on 2017-11-27.


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