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Giorgio Luca Bruno named Pirelli’s next CEO

Giorgio Luca Bruno will succeed Marco Tronchetti Provera as chief executive officer of Pirelli. In a statement published on Monday, Pirelli investor Camfin S.p.A announced that Bruno will take responsibility for the operational implementation of the group’s strategies, freeing Tronchetti Provera to guide group strategy and oversee the implementation of the Pirelli business plan as executive vice-chairman, a role he is confirmed to hold until spring 2026. Camfin views the transition as one that ensures the “continuation of the managerial culture of Pirelli.”

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  1. Pirelli shareholding to be controlled by ChemChina
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SBTi validates new Pirelli greenhouse gas reduction targets

The Science Based Targets initiative (SBTi) has validated Pirelli’s upgraded targets for reducing greenhouse gases. Four years ahead of schedule, the company reached the previous targets validated for Scopes 1 and 2 by the end of 2021.

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  1. Climate change: CDP A list confirmation of leadership, says Pirelli
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Pirelli wins gold again in Sustainability Yearbook 2022

Pirelli has again been awarded gold with its confirmation as Gold Class in the Sustainability Yearbook 2022, published by S&P Global and based on the assessment of the sustainability profiles of over 7,500 companies.  

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  1. Rosneft makes its mark on Pirelli’s board
  2. Pirelli leads sector in S&P Global Sustainability Yearbook 2021
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150th anniversary: Pirelli delegation meets Italy’s President

The President of Italy has received a delegation from Pirelli, headed by executive vice-president and chief executive officer Marco Tronchetti Provera, to mark the company’s upcoming 150th anniversary. Tronchetti Provera described the meeting with President Mattarella as a “great honour” for him and the Pirelli contingent.

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  1. Inter Milan be warned: No Europa league, no Pirelli sponsorship
  2. Pirelli renews Corimav partnership with University of Milano-Bicocca
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Climate change: CDP A list confirmation of leadership, says Pirelli

Pirelli & C. SpA views its inclusion in CDP’s its Climate A list 2021 as confirmation that it is a “global leader in the fight against climate change.” It is one of just three tyre makers to gain a place on the international non-profit organisation’s list, the others being Bridgestone Corporation and Michelin Group.

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  1. Bridgestone, Pirelli and Yokohama reach CDP A list
  2. Tyre Manufacturers In FT Top 500
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Pirelli extends tyre tech research partnership

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A decade after the first agreement, Pirelli, Milan Polytechnic and Polytechnic Foundation have signed off a three-year continuation of their ‘Joint Labs’ programme, which centres upon research projects that advance tyre-related technological innovation.

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  1. Pirelli and Politecnico Milan renew research partnership
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Materials, machinery suppliers feature strongly in Pirelli Supplier Awards

Every year, Pirelli awards just nine of the more than 14,000 suppliers throughout its global chain for distinguishing themselves in making the tyre maker’s supply chain even more sustainable, innovative and of the highest possible quality. Announcing the recipients of its 2021 Supplier Awards, Pirelli says the main selection criterion was care for the environment through an increasingly sustainable supply chain – with lower CO2 emissions, high quality, innovation, speed and global presence.

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  1. Project TREE: A blockchain-driven, more sustainable rubber supply chain
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Pirelli CEO wins Romanian Order of “Industrial and Commercial Merit”

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The executive vice chairman and CEO of the Pirelli Group, Marco Tronchetti Provera, was recently named as a Commander of the Romanian order of “Industrial and Commercial Merit” in appreciation of his “important contribution to the strengthening of the bilateral relationship” between Romania and Italy.

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  1. 50% production capacity boost for Pirelli’s tyre plant in Romania
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Pirelli only Global Compact LEAD in Automobiles & Parts sector

Pirelli has become one of 37 companies confirmed as Global Compact LEAD of the United Nations. The tyre manufacturer is the only company in the Automobiles & Parts sector at the global level. The Global Compact LEAD gathers the groups with the greatest commitment in the world to the implementation of the Ten Principles of the Global Compact of the United Nations.

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Guanajuato governor visits Pirelli in Milan to discuss company’s Mexico plant

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Pirelli

Pirelli has hosted the governor of the Mexican state of Guanajuato, which hosts one of Pirelli’s most technologically advanced industrial hubs, at its Milan headquarters. Diego Sinhue Rodríguez Vallejo discussed the latest $36 million plan, which would bring the tyre manufacturer’s annual production capacity to 7.2 million tyres in Silao, Mexico, with Marco Tronchetti Provera, executive vice chairman and CEO of Pirelli, and the company’s top management. The governor also visited the Research & Development center and the Fondazione Pirelli. Luigi De Chiara, the Italian ambassador in Mexico, and Carlos Garcia De Alba, the Mexican ambassador in Italy, also participated in the visit.

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Sinochem Holdings established through ChemChina, Sinochem restructuring

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The restructuring of Sinochem Group Co., Ltd. and China National Chemical Corporation Ltd. (ChemChina) has resulted in the establishment of a new entity, Sinochem Holdings Corporation Ltd. (Sinochem Holdings). As of 8 May 2021, both Sinochem Group and ChemChina became wholly-owned subsidiaries of the new state-owned enterprise, which is said to be the world’s largest chemical conglomerate.

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Pirelli’s F1 tyre partnership extended to 2024

Restrictions during the COVID-19 pandemic threw a spanner into the works of Pirelli’s plan to introduce 18-inch tyres for the 2021 Formula 1 season. To accommodate this delay, the FIA and Formula 1 have proposed that Pirelli extend its existing exclusive tyre supply contract by one further year. Pirelli has agreed to this.

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Papadimitriou stepping down as Pirelli GM, co-CEO

Pirelli and Angelos Papadimitriou, the tyre maker’s general manager and co-CEO, have agreed to end their working relationship. Pirelli hasn’t specified the date on which Papadimitriou will relinquish these roles, but when he does the duties he performed as general manager and co-CEO will be taken over by Marco Tronchetti Provera, Pirelli’s executive vice chairman and chief executive officer, until a successor is appointed.

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Tronchetti proposes Angelos Papadimitriou as general manager, co-CEO

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Pirelli executive vice chairman and CEO, Marco Tronchetti Provera has proposed Angelos Papadimitriou for the new office of general manager co-CEO. Papadimitriou will report directly to Marco Tronchetti Provera. The appointment has been added to the agenda for the scheduled 23 July 2020 board of directors meeting. According to an official statement outlining the appointment, “the aim of the reorganization is to support the realization of the business model and broaden the management team in view of the succession path which will be completed in the first half of 2023”. In other words, Papadimitriou is being positioned as Tronchetti Provera’s successor.

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Tronchetti Provera re-confirmed as Pirelli executive vice chairman and CEO

As a result of its shareholder meeting on 18 June, the board of directors of Pirelli & C. SpA re-nominated Marco Tronchetti Provera as Executive Vice Chairman and Chief Executive Officer (CEO) attributing to him the powers for the operational management of Pirelli. Company chairman, Ning Gaoning, was given the authority of legal representation of the company.

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