Paolo Rocca

Paolo Rocca (born 1952) is an Argentine-Italian businessman, CEO of the Techint Group, which holds Tenaris, Ternium and other companies that operate in the engineering, construction and energy sectors. He is also Chairman and CEO of Tenaris, and Chairman of Ternium.[2]

Paolo Rocca
Born (1952-10-14) 14 October 1952
Milan, Italy
NationalityItalian
Alma materUniversity of Milan
Harvard Business School
Net worthUS$3.7 billion (jointly with brother, November 2019)[1]
Parent(s)Roberto Rocca
RelativesAgostino Rocca (grandfather)
Gianfelice Rocca (brother)
Agostino Rocca (brother)

Early life

Paolo Rocca was born in Milan, Italy in 1952. He is the son of Roberto Rocca, who was Honorary Chairman of Techint, and grandson of Agostino Rocca, founder of this industrial group.[3] Paolo Rocca earned a degree in Political Science from the Università degli Studi di Milano. In 1985 he pursued an MBA in Harvard Business School.[4]

Career

After having served as assistant to the Executive Director of the World Bank, in 1985 Paolo Rocca began his career at Techint Group as assistant to the Chairman of the Board of Directors.[2][5] In 1990 he assumed as Executive Vice-president of Siderca.[6]

Techint

Since 2002, he is the CEO of Tenaris and Techint.[2] In addition, he is Chairman of the Board of Directors of Tamsa and of the Board of Directors of Ternium, and Director of the Techint Financial Corporation. Rocca led Techint in a series of acquisitions in Latin America and the world, which led to the development of operations in more than 20 countries.[7]

Notebook scandal

In November 2018, Rocca was indicted by the Argentine judge overseeing an investigation into the so-called notebook scandal as part of a graft case.[8] The charges resulted from testimony that a company executive had paid bribes to speed up the compensation to Rocca's group that resulted from the nationalization of SIDOR by the Venezuelan government.

In April 2019, the Argentine court of appeals dropped all the charges against Rocca, clearing him.[9]

Boards and awards

Paolo Rocca is a member of the Executive Committee of the World Steel Association and was the chairman of this association during the 2009-2010 period.[10] He was a member of the International Advisory Committee of New York Stock Exchange, and of the Advisory Board of the Inter-American Development Bank (IDB) private sector.[11][12] In 2004 within the "Argentina-México: Visión y Perspectivas” forum, he was awarded with the Orden Mexicana del Aguila Azteca.[13] In 2008 he was recognized by Fundación Konex with the “2008 Platinum Konex Prize: Industry businessmen”; and in 2011 he was chosen “Steelmaker of the Year” by the Association of Iron and Steel Technology (AIST).[14][15] In 2013 the Columbia Business School honored Paolo Rocca with the "Deming Cup" in recognition to the impact of his leadership on Tenaris's competitiveness.[16]

References
  1. "Paolo & Gianfelice Mario Rocca". Forbes. Retrieved 13 November 2019.
  2. "Paolo Rocca Chairman/CEO, Tenaris SA". Bloomberg Business. Retrieved March 17, 2015.
  3. "Roberto Rocca died , son of the founder of the Techint Group". La Nación. June 10, 2003.
  4. "Paolo Rocca" (PDF). Universidad de Buenos Aires. Retrieved March 16, 2015.
  5. "TERNIUM S.A. ADS Paolo Rocca". The Wall Street Journal. March 21, 2015.
  6. "Executive Profile Paolo Rocca". Bloomberg Business. March 20, 2015.
  7. Emily Janney (February 2, 2012). "Seamless Expansion" (PDF). NYSE Magazine. Archived from the original (PDF) on August 14, 2006. Retrieved March 22, 2015.
  8. Rosendo Gonzalez, Pablo (2018-11-27). "Tenaris Plunges in Italy as Billionaire Chairman Indicted". www.bloomberg.com. Retrieved 2018-12-12.
  9. "Cuadernos probe: Charges against Paolo Rocca lifted" (Argentina). BA Times. 19 April 2019. Retrieved 20 June 2020.
  10. "Officers, executive and board". World Steel Association. Retrieved March 19, 2015.
  11. "People:Tenaris SA (TS) Rocca, Paolo". Reuters. Retrieved March 18, 2015.
  12. Editorial (December 12, 2012). "The Professional Council of Public Relations presented the 2012 Annual Awards". Notitrans.
  13. Georgina Saldierna (April 16, 2004). "Argentine Monsivais receives award". La Jornada.
  14. "Paolo Rocca". Fundación Konex. Archived from the original on April 2, 2015. Retrieved March 19, 2015.
  15. "Steel is a key component of future development". Ternium. May 5, 2011. Archived from the original on April 2, 2015. Retrieved March 20, 2015.
  16. "Deming Cup awarded to Tenaris chairman and CEO, Paolo Rocca". Tenaris. October 30, 2013.
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