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The New General Management Structure of Leonardo

Issue 100

Leonardo announces that the Board of Directors meeting held today deliberated the establishment of a General Management structure (Direzione Generale) reporting directly to the Chief Executive Officer. With this reorganization, Leonardo aims to simultaneously respond to the new market environment characterized by the impacts of COVID-19 and leverage the opportunities offered by the dual use of technologies generated by this emergency. With this organizational structure, Leonardo intends to accelerate the implementation of the strategic plan’s next phase thus enhancing its flexibility and agility to be even more competitive in facing future challenges.

In order to reach these objectives, the General Management will be led by Lucio Valerio CIOFFI (General Manager), currently head of the Aircraft Division, who will have the responsibility to manage and coordinate the activities of the following organizational structures: