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Iren S.p.A. ( (IT:IRE) ) has provided an announcement.
Iren S.p.A.’s Board of Directors has appointed Paolo Robutti, previously deputy at Iren Mercato S.p.A., as Director and Chief Executive Officer of Iren Mercato, the group’s energy sales company, effective 1 January 2026. The move formalizes the handover from Gianluca Bufo, who remains Chief Executive Officer and General Manager of Iren S.p.A., and will result in a new governance structure at Iren Mercato with a board composed of Chairman Luigino Montarsolo, CEO Paolo Robutti and Director Giulio Prando, signaling a clearer separation between the parent company’s top management and the leadership of its commercial arm.
The most recent analyst rating on (IT:IRE) stock is a Hold with a EUR2.90 price target. To see the full list of analyst forecasts on Iren S.p.A. stock, see the IT:IRE Stock Forecast page.
More about Iren S.p.A.
Iren S.p.A. is an Italian multi-utility group active in the energy and environmental services sectors, operating through subsidiaries such as Iren Mercato S.p.A., which manages energy sales and related services to retail and business customers in its reference markets.
Average Trading Volume: 1,300,537
Technical Sentiment Signal: Buy
Current Market Cap: €3.23B
See more insights into IRE stock on TipRanks’ Stock Analysis page.