Marco Tronchetti Provera

Marco Tronchetti Provera (Italian pronunciation: [ˈmarko troŋˈketti proˈvɛːra]; born 1948) is an Italian businessman. He was the chief executive officer of Pirelli & Co. S.p.A. from 1992^[1] to 2022^[2] and its executive vice chairman since October 20, 2015. He is the chairman of Marco Tronchetti, Provera & C. S.p.A., a holding that he controls and which indirectly holds 50% of Camfin S.p.A. (where he was Chairman until December 2013). Camfin indirectly holds 41% of Marco Polo Industrial Holding S.p.A., the major shareholder who controls Pirelli & C. S.p.A.^[3]

Marco Tronchetti Provera
Provera in 2012
Born	1948 (age 75–76) Milan, Italy
Nationality	Italian
Occupation	Businessman
Organization	Mediobanca
Children	3

Biography

Provera was born in Milan in 1948. He obtained a degree in Economics and Business administration from the Bocconi University of Milan in 1971.^[4] He entered the Pirelli Group in 1986. He married Cecilia Pirelli, the daughter of the company founder, Leopoldo Pirelli, in 1987. He took over the operational control of the group in 1992.^[1][5]

In 2001, he acquired a controlling stake of Telecom Italia's main holding, became chairman of the company, and attempted to sell it to the Mexican telecom mogul Carlos Slim.^[6]

In 2015, he led the 7-billion dollar takeover of China National Chemical Corporation on Pirelli.^[6] He negotiated to remain executive vice-chairman and CEO of the tire company.^[7] In May 2022, he stepped down as CEO of Pirelli but remained the executive vice-chairman.^[2]

Other roles

• Since September 2020: Member of the Italian Aspen Institute.^[8]
• Deputy chairman of the Board of Mediobanca^[9]
• Member of the executive committee of Confindustria^[9]
• Member of the International Advisory Board of insurance company Allianz^[5]
• Member of the Steering Committee of Assonime^[10] and of Assolombarda.
• Honorary co-chairman for the Italian branch of the Council for the United States and Italy
• Member of the Italian Group of the Trilateral Commission.
• December 1996-September 2005: Chairman of Il Sole 24 Ore^[11]
• October 2001-September 2005: Board member of Milan's La Scala opera house
• September 2001-September 2006: Chairman of Telecom Italia S.p.A^[6]

Personal life

He was previously married to the journalist Letizia Rittatore Vonwiller.^[12] He then married Cecilia Pirelli in 1987, with whom he had three children.^[12] In December 2001, he married Afef Jnifen.^[13] They announced their divorce in 2018.^[12]

References

1. Borrelli, Silvia Sciorilli (2023-06-09). "The Pirelli boss taking on China's Communist party". Financial Times. Retrieved 2023-06-11.
2. "Pirelli's shareholders indicate Bruno as new CEO, extend pact". Reuters. 2022-05-16. Retrieved 2022-10-30.
3. "PIRELLI - Marco Tronchetti Provera". www.pirelli.com. Retrieved 2016-01-23.
4. "Marco Tronchetti Provera profile". Retrieved 11 September 2014.
5. "Marco Tronchetti Provera background". Archived from the original on September 11, 2014. Retrieved 11 September 2014.
6. Sanderson, Rachel (2015-03-27). "Pirelli boss Tronchetti Provera displays savvy dealmaking skills". Financial Times. Retrieved 2022-10-30.
7. Sanderson, Rachel (2019-02-10). "Pirelli's Tronchetti Provera: a contrarian view on dealmaking". Financial Times. Retrieved 2022-10-30.
8. executive Committee, aspeninstitute.it/
9. "Mediobanca Corporate Governance". Archived from the original on 6 October 2014. Retrieved 19 September 2014.
10. "Assonime Executive Committee". Archived from the original on 11 September 2014. Retrieved 19 September 2014.
11. "Gruppo 24 Ore history". Archived from the original on 11 September 2014. Retrieved 11 September 2014.
12. Saltalamacchia, Stefania (2018-11-09). "Marco Tronchetti Provera e Afef Jnifen, è divorzio". Vanity Fair Italia (in Italian). Retrieved 2022-10-30.
13. "Afef Jnifen, une Success Story à la tunisienne – WEPOST". www.wepostmag.com. Archived from the original on 2017-11-27.