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In 2015, China National Chemical Corp. Ltd. took controlling interest of Pirelli; with the Chinese state-owned company agreeing to maintain the tyre company's ownership structure until 2023. Pirelli has been sponsoring sport competitions since 1907 and is the exclusive tyre partner and supplier for the Grand-Am Rolex Sports Car Series for 2008 ...
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 and Provera & C. S.p.A., a holding that he controls and which indirectly holds 50% of Camlin S.p.A. (where he was chairman until December 2013).
After restructuring the organisation of the group's internal activities, the company decided to sell down its investment in the cable market. The figure negotiated was EUR 1.3 billion: Goldman Sachs gave Pirelli 225 million and the rest (more than one billion) was a debt that would be paid off the back of the new business. [10]
Steward-ownership is a corporate ownership structure that prioritizes the long-term independence [14] and purpose of a company. [15] While the legal implementation may vary, all steward-owned companies make a legally binding commitment to two core principles: [9] [16] self-governance and purpose-driven profit allocation.
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He was the head of Fiat from 1966 to 2003 and made the company into the most important company in Italy and one of the major car builders of Europe. Gianni was a Fiat CEO. By 1956 he had become the "richest businessman in modern Italian history". [3] In the 1960s and 1970s Fiat produced millions of modest cars including tiny 500 and 600 hatchbacks.
In 1950, Alberto Pirelli, president and owner of the giant Pirelli tyre company, ordered that a skyscraper be built in the area where the corporation's first factory was located in the 19th century. The project was developed by architect Gio Ponti , with the assistance of Pier Luigi Nervi and Arturo Danusso.
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