Marco Patuano (born 6 June 1964) is an Italian economist, manager and
President
President most commonly refers to:
*President (corporate title)
*President (education), a leader of a college or university
*President (government title)
President may also refer to:
Automobiles
* Nissan President, a 1966–2010 Japanese ful ...
Patuano studied Corporate Finance and graduated from
Bocconi University
Bocconi University ( it, Università Commerciale Luigi Bocconi, ) is a private university in Milan, Italy. Bocconi provides education in the fields of economics, finance, law, management, political science, public administration and computer sci ...
, in Milan,
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...
, in 1990. He then proceeded his studies with numerous post-graduate specializations.
Over time he maintained a good relationship with Italian universities, collaborating on MBA programs with Bocconi University of Milan and Luiss University of Rome.
Career in telecom
Patuano started his career in SIP, the former name of Telecom Italia in 1990
working in the financial branch of the company.
He helped to create the branch
Telecom Italia Mobile
Gruppo TIM, legally TIM S.p.A. (formerly Telecom Italia S.p.A.), also known as the TIM Group in English, is an Italian telecommunications company with headquarters in Rome, Milan, and Naples, (with the Telecom Italia Tower) which provides fixe ...
in 1996. Marco Patuano's was nominated
TIM Brasil
TIM S.A. is a Brazilian telecommunications company, subsidiary of TIM S.p.A., which provides mobile and fixed telephony services.
TIM Brasil was founded as a company in 1995, started commercial operations in 1998 and since 2002 has consolidat ...
CFO and Telecom Italia America Latina S.A. CFO, they are both Telecom Italia subsidiaries. He was nominated Telecom Italia
CFO
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
in 2008. He joined the council of
Confindustria
The General Confederation of Italian Industry ( it, Confederazione generale dell'industria italiana), commonly known as Confindustria, is the Italy, Italian employers' federation and national chamber of commerce, founded in 1910. It groups togeth ...
since May 2013.
On 14 April 2017 he became a director of
A.C. Milan
Associazione Calcio Milan (), commonly referred to as AC Milan or simply Milan, is a professional Association football, football club in Milan, Italy, founded in 1899. The club has spent its entire history, with the exception of the 1980–81 ...
. He became the Senior Advisor of Nomura's European investment banking business in 2019.
Career post-telecom
Edizione Holding
On the 7th of October of the same year he is nominated as CEO of Edizione srl, financial holding of the
Benetton Family
Four members of the Italian Benetton family () founded the Benetton Group S.p.A. fashion company in 1965.Atlantia
* Board Member of
Autogrill
Autogrill is an Italian-based, multinational catering company, which is controlled with a 50.1% stake by the Edizione Holding investment vehicle of the Benetton family. Autogrill runs operations in 30 countries, primarily in Europe and North Amer ...
* Board Member of Benetton
* Board Member of Edizione Property
* President of
Cellnex
Cellnex Telecom is a Spanish wireless telecommunications infrastructure and services company with up to 53,000 sites throughout Europe. Its activity is divided into four main areas: services for telecommunications infrastructures; audiovisual br ...
Simultaneously on the 14th of April, 2017 Patuano enters in the board of directors of
AC Milan
Associazione Calcio Milan (), commonly referred to as AC Milan or simply Milan, is a professional football club in Milan, Italy, founded in 1899. The club has spent its entire history, with the exception of the 1980–81 and 1982–83 seasons ...
, after the change of ownership from Fininvest to Li. Yonghong. In 2018, with the enforcement of the pledge by Elliott on AC Milan and the subsequent change of ownership, Patuano is confirmed within the board.
MP Invest
In September 2019, Patuano founds a new holding for consulting and investing called "MP Invest".
The Social objective of MP Invest is to "consult financially, directionally, organizationally and management, with a main focus on the financial, industrial, infrastructural, media and technologies sectors". The company exerts also activities of holding acquisitions and management of participations.
The main client base are companies and hedge funds of private equity, whom they support and help individuate investment opportunities.
A2A
On May 13, 2020, he is nominated as President of the A2A Group.
Critics
In 2014 the company that he manages since 2011, Telecom Italia, has a consolidated net profit of 1 billion euros, an adjusted net financial debt of 26 billion euros, revenues for 21 billion euros and the EBIT amounted to 4 billion euros.
Digital communications
Patuano has been present on
Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and ...
ever since June 2011 with an institutional certified profile, first of all Italian top managers to have one. He used many times the practice of Twitter Time, moment when you declare yourself open to answer questions from the public: first time on June 10, 2011, and then on many other occasions, confronting himself with many actors and politicians (such as the minister Corrado Clini). He abandoned Twitter in July 2015, leaving the profile unused ever since.
Further offices
Other than being the current President of the A2A Group, Patuano covers or has covered also the following offices:
* Advisor for the Bocconi Foundation;
* Advisor for the Telecom Italia Foundation;
* Advisor for UPA since July 2012;
* Advisor for Olivetti;
* Advisor for AC Milan;
* President for the "Banco dell'Energia Onlus" since July 2020;
Publications
* "Il confronto tra le Telco e gli OTT", published on the website ilpost.it.
* "Un nuovo modello di business per le telecomunicazioni", published on
Harvard Business Review
''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a wholly owned subsidiary of Harvard University. ''HBR'' is published six times a year and is headquartered in Brighton, Massach ...
Italia and republished on
Il Sole 24 Ore
''Il Sole 24 Ore'' () is an Italian national daily business newspaper owned by Confindustria, the Italian employers' federation.
History and profile
''Il Sole 24 Ore'' was first published on 9 November 1965 as a merger between ''Il Sole'' ("the ...