Italgas Management

How has Paolo Gallo's remuneration changed compared to Italgas's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€477m
Jun 30 2024	n/a	n/a	€461m
Mar 31 2024	n/a	n/a	€454m
Dec 31 2023	€3m	€860k	€440m
Sep 30 2023	n/a	n/a	€438m
Jun 30 2023	n/a	n/a	€432m
Mar 31 2023	n/a	n/a	€422m
Dec 31 2022	€3m	€844k	€407m
Sep 30 2022	n/a	n/a	€378m
Jun 30 2022	n/a	n/a	€380m
Mar 31 2022	n/a	n/a	€375m
Dec 31 2021	€3m	€813k	€363m
Sep 30 2021	n/a	n/a	€409m
Jun 30 2021	n/a	n/a	€402m
Mar 31 2021	n/a	n/a	€389m
Dec 31 2020	€3m	€811k	€385m

Compensation vs Market: Paolo's total compensation ($USD2.70M) is above average for companies of similar size in the Italian market ($USD2.03M).

Compensation vs Earnings: Paolo's compensation has been consistent with company performance over the past year.

CEO

Paolo Gallo (63 yo)

8.3yrs

Tenure

€2,576,176

Compensation

Mr. Paolo Gallo serves as Director at Picarro Inc since March 2022. Turin. He subsequently earned an MBA from Turin University.Mr. Gallo is an internationally recognized leader in the energy industry, end...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paolo Gallo	CEO, GM & Director	8.3yrs	€2.58m	no data
Gianfranco Amoroso	Chief Financial Officer	3.4yrs	no data	no data
Anna Scaglia	Head of Investor Relations	no data	no data	no data
Germana Mentil	General Counsel	2.2yrs	no data	no data
Chiara Ganz	Head of External Relations & Communications	no data	no data	no data
Bruno Burigana	Head of Human Resources & Organisation	no data	no data	no data
Nunzio Ferrulli	Head of Public & Regulatory Affairs	no data	no data	no data
Raffaella Marcuccio	Head of Procurement & Material Management	7.7yrs	no data	no data
Salvatore Bilardo	Head of Security	7.9yrs	no data	no data
Pier Dell'orco	Head of Commercial Development	6.5yrs	no data	no data
Paolo Bosato	Head of Internal Audit	no data	no data	no data
Paolo Bacchetta	Chief Executive Officer of Italgas Reti	8.2yrs	no data	no data

7.7yrs

Average Tenure

58yo

Average Age

Experienced Management: IG's management team is seasoned and experienced (7.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paolo Gallo	CEO, GM & Director	8.3yrs	€2.58m	no data
Claudio de Marco	Lead Independent Director	2.6yrs	€98.16k	no data
Benedetta Navarra	Independent Chairwoman	2.6yrs	€300.00k	no data
Giulia Pusterla	Chairwoman of Statutory Auditors	2.6yrs	no data	no data
Fabiola Mascardi	Non-executive Independent Director	2.6yrs	€90.00k	no data
Gianmarco Montanari	Non-executive Independent Director	2.6yrs	€90.00k	no data
Maurizio Di Marcotullio	Statutory Auditor	no data	no data	no data
Manuela Sabbatini	Non-executive Director	2.6yrs	€90.00k	no data
Qinjing Shen	Non-Executive Director	2.8yrs	€70.00k	no data
Paola Maiorana	Standing Statutory Auditors	no data	no data	no data
Parola Lorenzo	Non-executive Independent Director	2.6yrs	€90.00k	no data
Maria Sferruzza	Non-Executive Director	2.6yrs	€70.00k	no data

2.6yrs

Average Tenure

56yo

Average Age

Experienced Board: IG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Italgas Management

Management criteria checks 2/4

Key information

Recent management updates

Here's Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Is The Least Of Shareholders' Concerns

Italgas S.p.A., Annual General Meeting, Apr 20, 2023

Less than half of directors are independent

Insufficient new directors

Italgas S.p.A., Annual General Meeting, Apr 26, 2022

Recent updates

Third quarter 2024 earnings released

An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Second quarter 2024 earnings released

Italgas S.p.A. to Report First Half, 2024 Results on Jul 24, 2024

Italgas Begins Exclusive Talks to Buy 2i Rete Gas

First quarter 2024 earnings released

Upcoming dividend of €0.35 per share

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Is The Least Of Shareholders' Concerns

Italgas (BIT:IG) Is Increasing Its Dividend To €0.352

Italgas' (BIT:IG) Dividend Will Be Increased To €0.352

Dividend increased to €0.35

Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Full year 2023 earnings released

Italgas S.p.A. to Report First Half, 2024 Results on Jul 24, 2024

Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching

Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Third quarter 2023 earnings released

Italgas S.p.A. (BIT:IG) completed the acquisition of Acqua S.r.l., Idrolatina S.r.l., and Acqua Campania S.p.A from Veolia Environnement SA (ENXTPA:VIE).

Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?

Second quarter 2023 earnings released

Italgas S.p.A. (BIT:IG) signed a purchase agreement to acquire Acqua S.r.l., Idrolatina S.r.l., and Acqua Campania S.p.A from Veolia Environnement SA (ENXTPA:VIE) for approximately €115 million.

Upcoming dividend of €0.32 per share at 5.3% yield

Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317

First quarter 2023 earnings released

Italgas to Merge 3 Greek Companies Owned by Depa Infrastructure

Italgas' (BIT:IG) Dividend Will Be Increased To €0.317

Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value

Full year 2022 earnings released

Italgas S.p.A., Annual General Meeting, Apr 20, 2023

Italgas S.p.A. to Report Q1, 2023 Results on May 04, 2023

Phaeton S.A. acquired 10% stake in Italgas Newco S.r.l from Italgas S.p.A. (BIT:IG) for €40 million.

A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)

Third quarter 2022 earnings released

Less than half of directors are independent

Third quarter 2022 earnings released

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?

Italgas S.p.A. (BIT:IG) acquired 49% stake in Gas Distribution Company Thessaloniki - Thessalia S.A. from Eni Gas e Luce S.p.A.

Italgas S.p.A. (BIT:IG) completed the acquisitions of DEPA Infrastructure SA from Hellenic Petroleum S.A. (ATSE:ELPE) and Hellenic Republic Asset Development Fund S.A.

Now 20% undervalued after recent price drop

Italgas S.p.A. (BIT:IG) entered to an agreement to acquire LPG distribution and sales business from Fiamma 2000 Spa for € 31.7 million.

Second quarter 2022 earnings: Revenues in line with analyst expectations

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?

Upcoming dividend of €0.29 per share

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29

Full year 2021 earnings: Revenues in line with analyst expectations

Italgas S.p.A. (BIT:IG) acquired an unknown minority stake in Picarro Inc. for $15 million.

Italgas S.p.A., Annual General Meeting, Apr 26, 2022

Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?

Third quarter 2021 earnings released: EPS €0.12

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?

Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward

Italgas Names Preferred Bidder for DEPA

Italgas Reportedly Outbids EP Investment for Depa Infrastructure

Second quarter 2021 earnings released

Italgas S.p.A. (BIT:IG) completed the acquisition of Isgastrentatre SPA from Consorzio Fra Cooperative Di Produzione E Lavoro.

Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return

Italgas to Bid for Greece's DEPA Alone

Upcoming dividend of €0.28 per share

Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate

Full year 2020 earnings released: EPS €0.47 (vs €0.52 in FY 2019)