Malacarne Carlo ENG

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Malacarne Carlo ENG CARLO MALACARNE Carlo Malacarne, born in Pavia in 1953, is Member of the Board of SIT S.p.a. and Chairman of Compensation Committee from May 2020. From April 2019 is Member of the Board of Atlantia and Member of Human Resources and Compensation Committee. Was appointed Chairman of the Board of Directors of Snam from April 2016 to April 2019 . He was Chief Executive Officer of Snam from 2006 to 2016. During the period he contributed to a big reorganization of Snam from a mono-business of gas transmission to an integrated operator leader in Europe of natural gas transmission, storage and distribution. During the same period the capitalization of Snam increased from 6.5 billion euro to 18.5 billion. In particular he managed the spin off of Snam from Eni, the M&A of Italgas and Stogit and the international M&A of Total gas network in France, gas network in Austria (TAG) and UK Interconnector. He managed the shareholder participation in TAP. With a degree in Electronic Engineering and after a brief period in the company Selecontrol, Carlo Malacarne began his career in Snam in the gas transport technical service. In 1990, he took on a managerial position as operations manager of a natural gas transport district, ensuring the construction and operation of pipelines and promoting commercial initiatives to support the sale of natural gas. Subsequently, as Director of Telecommunications and Process Systems, he contributed to the achievement of the reorganization objectives for the telecommunications systems of the Eni Group and, in particular, he participated in the transfer of the Snam telecommunications branch, with the creation of a New Telecommunications Company, of which he was named Managing Director. In March 1998, he was appointed Constructions Director, with the responsibility of ensuring the realization of investments both in Italy as well as abroad. During the same period, he was a member of the construction committees in TENP, the pipeline which transports gas from the North Sea to Italy, and TAG, which transports the Russian gas to Italy via Austria, taking part to the implementation of strategic infrastructure for gas transportation along the main European energy corridors. In July 1999, he was appointed Italian Network Director, with the task of overseeing the management of the gas transport network in Italy and of the GNL Italia regasification system. In July 2001, ahead of the IPO, he was appointed General Manager of Operations in Snam Rete Gas, and President of the Board of GNL Italia, the company managing the LNG terminal in Panigaglia. From December 2005 to the beginning of May 2006 he was Chief Operating Officer of Snam Rete Gas with the task of supervising, together with management functions, commercial activities, planning, management of the transport network and the dispatching service. From November 2012 to April 2016 he was Chairman of the Board of Snam Rete Gas, a Snam's subsidiary company that operates in natural gas transportation and dispatching. He was member of the executive committees of Confindustria and Assolombarda and of several technical bodies such as the Presidential committee of CIG (Italian Gas Committee) and the steering committee of ATIG (Technical Gas Association). From 1997 to 2000 he was Chairman of the Transport committee of IGU (International Gas Union). From November 2013 to October 2015 he was Chairman of Confindustria Energia. He was also CEO of Mariconsult and board member of several international gas companies such as Transitgas, which manages the gas transportation system from Northern to Southern Switzerland, and the companies Sergaz and Scogat, which manage the Tunisian part of the Transmed pipeline. .
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