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London Stock Exchange Group (LSEG) today announces that Angelo Tantazzi, Deputy Chairman, will step down from the Board with immediate effect. Paolo Scaroni, CEO of Eni and LSEG Non-Executive Director since 2007 will replace him as non-executive Deputy Chairman.
In addition, Massimo Tononi, today joins the Board of LSEG as an independent Non-Executive Director.
Chris Gibson-Smith, Chairman of London Stock Exchange Group, commented:
"I would like to thank Angelo for his significant role in the development of Borsa Italiana and for his contribution to the LSEG Board. Angelo will continue to chair the Board of Borsa Italiana until next year so we will benefit from his experience within the Group until then.
"I am delighted to welcome Massimo Tononi to the Board. As we continue to build our business internationally, his deep knowledge of the banking industry and his experience as Treasury Undersecretary at the Italian Ministry of Economy & Finance will bring valuable additional expertise to the Group. I am also extremely grateful to Paolo Scaroni for agreeing to become Deputy Chairman."
Massimo Tononi was Partner & Managing Director in the investment banking division of Goldman Sachs until July this year. While at Goldman Sachs, he played a senior role in the business development and execution of investment banking transactions throughout Europe. Between 2006 - 2008, he was Treasury Undersecretary at the Italian Ministry of Economy & Finance in Rome.
There are no other matters which would require disclosure under Listing Rules 9.6.13R other than as set out below.
Biography of Massimo Tononi
2008 – July 2010 Goldman Sachs, London
Partner & Managing Director
2006 – 2008 Italian Ministry of Economy & Finance, Rome
Treasury Undersecretary
1994 – 2006 Goldman Sachs
2005 – 2006 Partner & Managing Director, London
1999 – 2005 Partner & Managing Director, Head of Milan Office
1994 – 1999 Investment Banking Division, London
1993 – 1994 Istituto Per La Ricostruzione Industriale (IRI SpA), Rome
Personal Assistant to the Chairman (Romano Prodi)
1988 – 1993 Goldman Sachs, London
Italian team
Other appointments
May 2010 – Mittel S.p.A. – Member of the Board
June 2010 – Sorin S.p.A. – Member of the Board and of the Executive Committee
July 2010 – Prysmian S.p.A. – Member of the Board and of the Audit Committee
