Enel Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Flavio Cattaneo

Chief executive officer

€3.1m

Total compensation

CEO salary percentage	31.7%
CEO tenure	1.3yrs
CEO ownership	n/a
Management average tenure	3.9yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Flavio Cattaneo's remuneration changed compared to Enel's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€5b
Mar 31 2024	n/a	n/a	€5b
Dec 31 2023	€3m	€973k	€4b

Compensation vs Market: Flavio's total compensation ($USD3.43M) is below average for companies of similar size in the MX market ($USD5.68M).

Compensation vs Earnings: Insufficient data to compare Flavio's compensation with company performance.

CEO

Flavio Cattaneo (61 yo)

1.3yrs

Tenure

€3,069,557

Compensation

Mr. Flavio Cattaneo serves as Vice Chairman of the Board at Endesa, S. A. since June 20, 2023. He is Chief Executive Officer and Director of Enel SpA from May 10, 2023 and served as its General Manager sin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Flavio Cattaneo	CEO & Director	1.3yrs	€3.07m	no data
Stefano De Angelis	Chief Financial Officer	1.3yrs	no data	no data
Monica Girardi	Head of Group Investor Relations	no data	no data	no data
Francesco Puntillo	Head of Legal	1.3yrs	no data	no data
Roberto Antonio Deambrogio	Head of Communications of the Group	5.9yrs	no data	no data
Elisabetta Colacchia	Head of People & Organization	less than a year	no data	no data
Claudio Machetti	Head of Global Energy & Commodity Management	19.3yrs	no data	no data
Simone Mori	Head of Europe	10.2yrs	no data	no data
Francesca Di Carlo	Head of Global Procurement	3.9yrs	no data	no data
Alberto de Paoli	Head of North America & Head of Latin America	1.3yrs	no data	no data
Ernesto Ciorra	Head of Innovation & Sustainability	10yrs	no data	no data
Silvia Fiori	Head of Audit Function	10.2yrs	no data	no data

3.9yrs

Average Tenure

59.5yo

Average Age

Experienced Management: ENEL N's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Flavio Cattaneo	CEO & Director	1.3yrs	€3.07m	no data
Paolo Scaroni	Independent Chairman	1.3yrs	€337.39k	no data
Dario Frigerio	Independent Director	1.3yrs	€94.32k	no data
Johanna Arbib	Independent Director	1.3yrs	€83.75k	no data
Barbara Tadolini	Chairman of the Board of Statutory Auditors	5.3yrs	no data	no data
Olga Cuccurullo	Director	1.3yrs	€88.75k	no data
Alessandra Stabilini	Independent Director	1.3yrs	€89.32k	no data
Maura Campra	Statutory Auditor	no data	no data	no data
Luigi Borre	Statutory Auditor	no data	no data	no data
Mario Corsi	Independent Director	1.3yrs	€86.75k	no data
Fiammetta Salmoni	Independent Director	1.3yrs	€91.32k	no data
Alessandro Zehentner	Independent Director	1.3yrs	€86.75k	no data

1.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ENEL N's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Enel Management

Management criteria checks 2/4

Key information

Recent management updates

High number of new and inexperienced directors

High number of new and inexperienced directors

Enel S.p.A. Appoints Internal Committees

Enel S.p.A. Announces Resignation of Annachiara Svelto to Board of Directors

Insufficient new directors

High number of new directors

Recent updates

High number of new and inexperienced directors

High number of new and inexperienced directors

JSW, Torrent, Masdar Among Suitors for Enel's India Assets

Enel SpA to Report Q3, 2024 Results on Nov 06, 2024

Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.2 billion.

Public Power Corporation S.A. (ATSE:PPC) completed the acquisition of Enel assets in Romania from Enel SpA (BIT:ENEL) for approximately €1.2 billion.

Sonnedix Chile Arcadia Generación S.p.A. and Sonnedix Chile Arcadia SPA signed a stock purchase agreement to acquire Arcadia Generación Solar S.p.A. from Enel S.p.A.and Enel Chile S.A. for an enterprise value of $550 million.

Enel Dismisses Rumours over Sale of Endesa

Enel S.p.A. Appoints Internal Committees

First quarter 2023 earnings released: EPS: €0.099 (vs €0.15 in 1Q 2022)

Enel S.p.A. Announces Resignation of Annachiara Svelto to Board of Directors

Insufficient new directors

Enel Enters into Exclusive Talks to Sell Stake in 3Sun Solar Plant

EDP Brasil to Look At Possibility of Buying Enel-Owned Power Distributor in Ceara

High number of new directors

Enel SpA to Report Q3, 2023 Results on Nov 07, 2023

Public Power Corporation, Brookfield Asset Management and Amber Infrastructure Reportedly Eye Enel Romanian Assets

Enel Reportedly to Sell Stake in Its Grid Services Unit to CVC

PJSC LUKOIL (MISX:LKOH) completed the acquisition of a 26.9% stake in Public Joint-Stock Company Enel Russia (MISX:ENRU) from Enel SpA (BIT:ENEL).

PJSC LUKOIL (MISX:LKOH) completed the acquisition of a 26.9% stake in Public Joint-Stock Company Enel Russia (MISX:ENRU) from Enel SpA (BIT:ENEL).

PJSC LUKOIL (MISX:LKOH) cancelled the agreement to acquire 56.43% stake in PJSC Enel Russia from Enel SpA (BIT:ENEL).

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: €0.024 (vs €0.057 in 2Q 2021)

High number of new directors

Upcoming dividend of €0.19 per share

PJSC LUKOIL (MISX:LKOH) signed an agreement to acquire 56.43 percent stake in PJSC Enel Russia from Enel SpA (BIT:ENEL) for approximately €140 million.

PJSC LUKOIL (MISX:LKOH) signed an agreement to acquire unknown minority stake in Public Joint-Stock Company Enel Russia (MISX:ENRU) from Enel SpA (BIT:ENEL).

High number of new directors

Enel Reportedly in Talks to Sell Brazilian Distributor Celg-D

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Enel Reportedly in Late-Stage Talks to Buy ERG Assets

Upcoming dividend of €0.18 per share

First quarter 2021 earnings released: EPS €0.12 (vs €0.12 in 1Q 2020)

Enel SpA Proposes Dividend for the Year 2020 and Expects Fixed Dividend for the Years 2021-2023

Enel's First Large-Scale Wind + Storage Hybrid Project

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age