business / news / / The Telegraph
Italy’s prime minister has proposed replacing Roberto Cingolani as Leonardo chief executive with Lorenzo Mariani.
Giorgia Meloni has proposed replacing Leonardo CEO Roberto Cingolani with Lorenzo Mariani.
KEY POINTS
- Cingolani's tenure saw Leonardo shares surge over 400% since 2023, but they dropped after his ousting.
- Cingolani initiated the Michelangelo Dome missile defence project and urged UK participation.
- Mariani, the proposed successor, is currently Italy managing director at missile manufacturer MBDA.
- Cingolani secured major contracts, including a joint tank venture with Rheinmetall and a space deal with Airbus and Thales.
COMPANIES
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