Eni Confirms CEO Descalzi and Strengthens Board Governance Structure

An announcement from ENI S.p.A. ( (IT:ENI) ) is now available.

Eni’s Board of Directors has confirmed Claudio Descalzi as Chief Executive Officer and General Manager, granting him broad management powers while retaining certain non-delegable responsibilities. The Board also reaffirmed Chair Giuseppina Di Foggia’s central role in the internal control system, particularly in overseeing the Internal Audit function in coordination with the CEO.

The Board verified that all directors meet legal integrity requirements and confirmed the independence status of the chair and several directors under both statutory rules and the Corporate Governance Code. It specifically assessed potential conflicts arising from roles in other state-influenced companies and concluded these do not compromise independence, a position validated by the Board of Statutory Auditors.

In line with the Corporate Governance Code, Eni appointed its key board committees: a Control and Risk Committee, a Nomination and Remuneration Committee, and a Sustainability and Scenarios Committee, all composed of non-executive, independent directors with relevant expertise. The Board also confirmed that statutory auditors satisfy professionalism and integrity criteria, reinforcing the company’s governance framework and risk oversight at a time when regulatory and stakeholder scrutiny of governance and sustainability remains high.

The most recent analyst rating on (IT:ENI) stock is a Hold with a EUR22.00 price target. To see the full list of analyst forecasts on ENI S.p.A. stock, see the IT:ENI Stock Forecast page.

More about ENI S.p.A.

Eni S.p.A. is a global energy company headquartered in Italy, operating across the oil, gas, and increasingly low‑carbon and renewable energy value chains. It focuses on exploration and production, refining, chemicals, and energy transition initiatives, serving industrial, commercial, and retail markets worldwide while aligning its governance with Italian and international corporate standards.

Average Trading Volume: 13,493,678

Technical Sentiment Signal: Buy

Current Market Cap: €67.18B

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