Prysmian – Prysmian announces its new organizational structure to boost growth
Customer focus, talent development and management continuity at the core of the new structure
Following the “Connect to Lead” strategy presented at the Capital Markets Day held last October 5th, Prysmian Group announces its new organizational structure to allow the group to pursue its mid-term ambitions and to sustain the long term leadership.
Leveraging on the management continuity and valuing the succession planning pipeline, the designated CEO Massimo Battaini reshaped the leadership team to better capture market trends (energy transition, electrification and digital transformation), strengthen customers focus while unleashing the best talents in the Group, increasing at the same time the international profile as well as the gender balance in the top management.
Starting from January 1st 2024, four new business segments will be in place: Transmission, Power Grids, Electrification and Digital Solutions, led by:
- Transmission: Hakan Ozmen
- Power Grids: Cinzia Farisè
- Electrification: Cristiana Scelza
- Digital Solutions: Frederick Persson
The Group matrix organization will continue to stay in place to guarantee the company ability to be very close to the local markets and customers (through regions and countries) while reinforcing the continental and global synergies, acting as a major partner through the business segments. A strong focus on the “one company governance” will be assured by the Group functions.
With regards to the Group 9 Regions, changes in leadership will regard:
- Central East Europe where Sezgin Islamoglu will become CEO of the Region;
- Middle East, Turkey, India, Africa and Russia, where Erkan Aydogdu will lead the Region being also appointed CEO of OCI Group, listed on the Muscat Stock Exchange;
- Oceania and South Est Asia, where Hamavand Shroff will be appointed CEO of the Region;
- Latin America, where Raul Gil will take over the responsibility of the Region.
The leadership of the other regions will remain unchanged.
In addition, at Corporate level, Maria Cristina Bifulco will be promoted Chief Investor Relations, Sustainability and Communication Officer.
“Good, authentic and passionate people make the difference and build companies solid and successful” said Valerio Battista; “we can count on a very strong pipeline of talents which will make our growth very sustainable and our company even a more sound and strong community”.
“I am confident that the new organization will allow our group to better capture market trends, be closer to our customers, promote talent and nurture an inclusive and international leadership team which will allow us to meet our ambitions”, commented Massimo Battaini.
SourcePrysmian Group
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More information on Prysmian: See the full profile on EMR Executive Services
More information on Valerio Battista (Group Chief Executive Officer, Prysmian Group until the 2024 Annual General Meeting (April)): See the full profile on EMR Executive Services
More information on Massimo Battaini (Group Chief Operating Officer and Executive Director, Prysmian Group + Designated Chief Executive Officer at the 2024 Annual General Meeting (April)): See the full profile on EMR Executive Services
More information on Connect to Lead, the new 5-years (2023-2027) Business Strategy by Prysmian: See the full profile on EMR Executive Services
More information on Hakan Ozmen (Executive Vice President, Project Business, Prysmian Group till 31.12.2023 + Executive Vice President, Transmission Business, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on Cinzia Farisè (Chief Executive Officer, Oman Cables + Chief Executive Officer, Prysmian MEAT Region, Prysmian Group till 31.12.2023 + Executive Vice President, Power Grids Business, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on Cristiana Scelza (Country Manager, Prysmian The Netherlands, Prysmian Group till 31.12.2023 + Executive Vice President, Electrification Business, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on Lars Frederick Persson (Managing Director, Draka Comteq Germany + Chief Executive Officer, Central East Europe, Prysmian Group till 31.12.2023 + Executive Vice President, Digital Solutions Business, Prysmian Group as from 01.01.2024 + Chairman of the Cable and Insulated Wire Association, ZVEI): See the full profile on EMR Executive Services
More information on Sezgin Islamoglu (Chief Operating Officer, Prysmian Kabel und Systeme GmbH, Prysmian Group till 31.12.2023 + Chief Executive Officer, Central East Europe Region, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on Erkan Aydogdu (Chief Executive Officer, Türk Prysmian Kablo + Chief Executive Officer, Oceania & South East Asia, Prysmian Group till 31.12.2023 + Chief Executive Officer, Middle East, Turkey, India, Africa and Russia Region + Chief Executive Officer, OCI Group, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on Hamavand Shroff (Chief Executive Officer, Prysmian Australia & New Zealand, Prysmian Group till 31.12.2023 + Chief Executive Officer, Oceania and South Est Asia Region, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on Raul Gil (Chief Executive Officer, Prysmian Brazil till 31.12.2023 + Chief Executive Officer, Latin America Region, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
More information on the Prysmian Sustainability Strategy: See the full profile on EMR Executive Services
More information on Maria Cristina Bifulco (Group Chief Sustainability Officer & Group Investor Relations Director, Prysmian Group till 31.12.2023 + Chief Investor Relations, Sustainability and Communication Officer, Prysmian Group as from 01.01.2024): See the full profile on EMR Executive Services
