Following its acquisition by China National Chemical Corp. (ChemChina), Pirelli & C. SpA has announced a new board of directors. Heading up the new board is Ren Jianxin, chairman of ChemChina.
Marco Tonchetti Provera, previous board chairman, will serve as executive vice-president of the board and CEO of Pirelli.
“I am delighted to welcome Ren Jianxin as Chairman of Pirelli. The entrance into the shareholder structure, alongside Camfin and our Russian partner, of ChemChina, which is also a global player in the tire industry, offers new opportunities for growth and development thanks to our complementary geographic footprints and the synergies that we will achieve in the Industrial segment. Together with the management team, we will continue to run the company as we have until now, backed by a partner who offers new perspectives of growth above all in Asia and in particular China, markets of great strategic importance for Pirelli,” said Tonchetti Provera.
Pirelli’s new board of directors is comprised of:
Ren Jianxin – Chairman
Marco Tronchetti Provera – Executive Vice-Chairman and Chief Executive Officer
Yang Xingqiang
Bai Xinping
Ze’ev Goldberg
Andrey Kostin
Elisabetta Magistretti
Paolo Pietrogrande
Alberto Pirelli
