CorporateNews

New Organizational Structure for Prysmian

Effective January 1, 2025, Prysmian, Milan, Italy, will operate under a new organizational structure. The overall aim of the structure, which is in line with the growth strategy of the Group, is to enhance decision-making, strengthen the relationship between the headquarters and the regions, and better reflect Prysmian’s business, commercial, and industrial operations. All appointments listed below have been made from inside Prysmian’s internal talent pool. The structure will be simplified with a reduction from nine to five regions, enhancing commercial and industrial effectiveness and supporting the growth of the Group. Prysmian’s new organizational structure, all reporting to Massimo Battaini, Prysmian CEO, is as follows:

Business Segments:

  • Transmission, led by Raul Gil, new appointment
  • Power Grid, led by Cinzia Farisè
  • Electrification, led by Cristiana Scelza
  • Digital Solutions, led by Frederick Persson

Regions:

  • North America, led by Andrea Pirondini
  • Europe, led by Marcello Del Brenna, new appointment
  • LATAM, led by Giacomo Sofia, new appointment
  • MEART, led by Erkan Aydogdu
  • APAC, led by Hamavand Shroff

Operations, and Group Functions:

  • Operations, led by Javier Arata, new appointment
  • Finance, Administration, Control and IT, led by Pier Francesco Facchini
  • Human Resources and Organization, led by Francesco Tutino
  • Strategy & M&A, led by Iuri Longhi
  • Sustainability, Investor Relations and Communication, led by Maria Cristina Bifulco
  • Risk Management and Compliance, led by Alessandro Nespoli
  • Corporate Affairs, led by Jacopo Zirulia
  • Innovation and Research & Development, led by Srinivas Siripurapu
  • In addition, Internal Audit, led by Paola Pulidori, reports to the Board of Directors

Massimo Battaini says, “This new organization will help us simplify how we work to ensure that we are even closer to customers, better reflecting our geographical presence to support the delivery of our strategy. We are focused on fueling growth and at the same time, continuously innovate to maintain and enhance our global leadership position. We are committed to develop our talents in each region, by protecting and strengthening our know-how and thanks to a consistent customer focus, to offer the best service while creating value for all stakeholders. I am also extremely proud that the appointments we announce today also underline the strong managerial talent inside our Group.”

The Prysmian Organizational Chart can be seen here https://www.prysmian.com/en/company/organisational-chart.

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