Finmeccanica’s Board of Directors, convened under the chairmanship of the Vice Chairman, Admiral Guido Venturoni, acknowledging the Shareholders’ Meeting resolutions, has appointed Giovanni De Gennaro as Chairman and has confirmed Admiral Guido Venturoni as Vice Chairman.

The Chairman Giovanni De Gennaro has been conferred attributions related to Institutional Relations, External Relations and Communication, Group’s Security and Internal Audit, which will be exercised in coordination with the Chief Executive Officer confirming the attributions and powers previously conferred to Alessandro Pansa as Chief Executive Officer and Chief Operating Officer.

Finmeccanica is Italy’s main industrial group, leader in the high technology field, and ranks among the top ten groups at world level in the aerospace, defence and security sectors. Listed on the Milan Stock Exchange, with revenues of approximately 17 billion Euro, over 68,000 employees, 150 operating and commercial locations and 345 production facilities in 50 different countries worldwide, Finmeccanica is an international and multicultural group with an important presence in its four domestic markets: Italy, United Kingdom, the United States and Poland.

Finmeccanica’s success is based on its technological excellence, which springs from conspicuous investments in research and development (amounting to 12 per cent of the revenues), and the constant efforts it makes to develop and integrate the skills, know-how and values of its operating companies. Finmeccanica is active in the following sectors: Helicopters (AgustaWestland), Defence Electronics and Security (Selex ES, DRS) and Aeronautics (AleniaAermacchi) – which represent its core business – and it is also well positioned in the sectors of Space (Telespazio, Thales Alenia Space), Defence Systems (OtoMelara, WASS, MBDA), Energy (AnsaldoEnergia) and Transportation (Ansaldo STS, Ansaldo-Breda, BredaMenarinibus).