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UPDATE 1-Italy's top energy managers to stay in posts

Published 04/04/2011, 03:54 PM
Updated 04/04/2011, 03:56 PM
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* Eni, Enel CEOs were widely expected to be reappointed

* Treasury proposes new chairmen for Eni, Enel

* Finmeccanica's Guarguaglini to stay as Chairman, new CEO (Adds details, background)

ROME, April 4 (Reuters) - The Italian Treasury, as expected, gave its blessing for a new term of office to the top managers at energy groups Eni and Enel on Monday, acknowledging the job they had done over the last three years.

In a note, the Treasury included Eni CEO Paolo Scaroni and Enel CEO Fulvio Conti in the lists of new board members it will be proposing for election to the two companies at shareholder meetings in April.

Italy's Treasury, which has controlling stakes in both groups, did not specifically say the two men would be CEOs but it is widely accepted that inclusion in the lists effectively means they will be reappointed.

"They should be confirmed. The line of the Treasury is to reward the good results they have achieved," a source close to the matter told Reuters last week. [ID:nLDE72U1JY]

Both Scaroni and Conti were appointed to their positions by current prime minister Silvio Berlusconi.

In its note, the Treasury said Paolo Andrea Colombo and Giuseppe Recchi would be chairmen of Enel and Eni, respectively, replacing current holders Piero Gnudi and Roberto Poli.

Pier Francesco Guarguaglini, presently chairman and CEO of defense group Finmeccanica , was included in the lists as chairman of the group.

Second on the list was Giuseppe Orsi, a position that indicates he will be proposed as CEO of the group. Orsi is currently head of Finmeccanica unit AgustaWestland.

(Reporting by Stephen Jewkes and Catherine Hornby; Editing by Bernard Orr)

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