Mauro Moretti

Mauro Moretti (born 29 October 1953) is an Italian executive and former CEO and General Manager of Leonardo S.p.A. (formerly Finmeccanica[1]), from May 2014 to May 2017.

Mauro Moretti

He is also president of the AeroSpace and Defence Industries Association of Europe since March 2015, chairman of the Italy-Japan Business Group since September 2015, honorary chairman of the Italian Industries Federation for Aerospace, Defence and Security since July 2014, and president of the Italian FS Italian Foundation since 2013.

He has been CEO of Ferrovie dello Stato Italiane and chairman of the Community of European Railway and Infrastructure Companies.[2][3] He was Mompeo mayor in 2004 and he worked as syndicalist.

Biography

Mauro Moretti joined Ferrovie dello Stato a few months after graduating in Electro Technical Engineering at Bologna University. His career continued in FS where, after passing a public examination, he reached an executive position. Since then, he has held numerous positions in various sectors and with various companies of the Group. Moretti has been Vice-Director of the Technologies and System Development Division (December 1991), Director of the Technological Development and Rolling Stock Division (March 1993), Managing Director of Metropolis, the Group company for the management, development of real estate assets (February 1994).[4]

In December 1997 Moretti became the director of "Area Strategica di Affari" (ASA)- Business Strategies, which he managed even after it was transformed into the Infrastructure Division (July 1999). In February 2001 Moretti became a Member of the Board of Directors of Ferrovie dello Stato. In July of the same year, Rete Ferroviaria Italiana was set up and he was appointed Managing Director. During his time in FS he also became a cadre of the trade union CGIL Trasporti, arriving to be its Secretary from 1986 to 1991.

In September 2006 he was appointed Chief Executive Officer of Ferrovie dello Stato Italiane Spa.

In May 2014 Finmeccanica (Leonardo since 1 January 2017)[5] Board of Directors appointed Mauro Moretti as new Chief Executive Officer and General Manager of the Group.[6]

In 2015, Moretti has launched the company's reorganisation plan for its competitiveness in global markets. The plan's objective was to transform the company into a more integrated industrial hub, structured in seven operational divisions. The company's activities have been focused on the core business of Aerospace, Defence and Security and non-strategic assets, such as the Transport sector, have been sold off. At the same time, Moretti has implemented plans for debt and cost reduction and profitability recovery. In 2016, Moretti also proposed to change the company name from Finmeccanica to Leonardo SpA,[7] a name inspired by the Italian scientist Leonardo Da Vinci.[8]

On 30 January 2017, Moretti was convicted by an Italian court for his alleged role in a train crash in 2009, in which a freight train carrying liquefied gas derailed and caught fire at the Italian town of Viareggio, killing 32 people. Moretti received a seven-year jail sentence, but several levels of appeal may take years to resolve the conviction during which time Moretti will be free. Despite initial support from the company in retaining Moretti in his role during this legal process[9] he was shortly removed from the position of CEO.[10]

Moretti holds various positions[11]

  • President of the AeroSpace and Defence Industries Association - ASD - since March 2015
  • Honorary Chairman of AIAD, Italian Industries Federation for Aerospace, Defence and Security since 2014[12]
  • President of the FS Foundation since 2013
  • Co-Chairman of the Italian Egyptian Business Council from 2012 to 2014
  • Chairman of Collegio Ingegneri Ferroviari Italiani (Italian Association of Railway Engineers) since 2004
  • Member of Unindustria (Industrialist and Enterprises Association of Rome)
  • Member of the European Management Committee of the International Railway Union (UIC) since 2007
  • Member of the Board of Confindustria (Italian Confederation of Industry) since October 2006
  • Member of the Board of Federtrasporto (National Confederation of transport and services companies) from May 2007 to April 2012
  • Member of the Board of Assolombarda (Industrialist and Enterprises Association of Lombardia) from 2007 to 2014

Honours and awards

Notes
  1. Ansa News. "Finmeccanica meeting approves new name, 'Leonardo'".
  2. Organigramma CER CER
  3. UIC Archived 12 November 2010 at the Wayback Machine
  4. Eva Böckle (21 January 2009). "CER: Curriculum of Mauro Moretti". Cer.be. Retrieved 24 August 2010.
  5. "Leonardo: articles of association". Retrieved 13 January 2017.
  6. Finmeccanica: Board of Directors appoints Mauro Moretti Chief Executive Officer and General Manager
  7. Official Press Release. "FINMECCANICA: SHAREHOLDERS' MEETING APPROVES THE CHANGE OF THE COMPANY'S NAME AND THE 2015 FINANCIAL STATEMENTS".
  8. Reuters. "Finmeccanica calls on 'Leonardo' to mark turnaround".
  9. Leonardo CEO Backed by Board After Rail Crash Conviction, Tom Kington, DefenseNews.com, 2017-01-31
  10. https://www.defensenews.com/breaking-news/2017/03/18/leonardo-ceo-moretti-out-replaced-by-italian-banking-exec/
  11. Web site Finmeccanica. "Curriculum Vitae Mauro Moretti" (PDF).
  13. "FS News". Fsnews.it. Retrieved 24 August 2010.
  14. "Quirinale.it". Quirinale.it. Retrieved 24 August 2010.
  15. "University of Cassino" (in Italian). .ing.unicas.it. Archived from the original on 7 April 2010. Retrieved 24 August 2010.
  16. "Travel no-stop". Travelnostop.blogspot.com. Archived from the original on 8 July 2011. Retrieved 24 August 2010.
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