Leonardo Maugeri
| Leonardo Maugeri | |
|---|---|
 |
|
| Born |
April 10, 1964 Florence, Italy |
| Died | July 10, 2017 (aged 53) |
| Nationality |
 Italian
|
| Occupation | Oil businessman |
Leonardo Maugeri (10 April 1964 – 10 July 2017) was an Italian oil and gas expert, who was a top manager at Eni from 1994 to 2011. At the time of his death, he was Chairman & CEO of the U.S. Investment firm Romulus Asset Management LLC and a Senior Associate at the Harvard University John F. Kennedy School of Government, Belfer Center for Science and International Affairs. Maugeri sat on the Energy Advisory Board of Accenture. He previously sat on the boards of Saipem, Italgas[] and Polimeri Europa. Maugeri was a Visiting Scholar at the Massachusetts Institute of Technology (MIT), as well as a member of the Institute’s Energy Advisory Board. He also served as an International Counselor of the Center for Strategic and International Studies (CSIS – Washington, DC).
Maugeri became Eni’s youngest director in 2000, when at 36 he was named Director of Strategy and Development (2000-2010). In 2010 Maugeri was named Executive Chairman of Polimeri Europa (formerly known as Enimont and currently renamed Versalis), the company managing Eni’s petrochemical activities (2010-2011). The appointment of Maugeri as Eni’s head of strategy coincided with the development of aggressive plans for growth that resulted in the period of greatest development for the company: from 2000 to 2005 Eni increased its hydrocarbons production by 50 per cent while corporate profits reached their highest level in history.
In 2007 Maugeri launched a new strategy for renewable energy. He engineered the relaunch of the historic Istituto Donegani (a research center), with a new focus on renewable energy and a strategic alliance between Eni and MIT - concluded by Maugeri with the current U.S. Secretary of Energy Ernest Moniz. During his chairmanship of Polimeri Europa Maugeri conceived and engineered (in association with Novamont) the largest green chemistry project in the world – the industrial reconversion of the Porto Torres site. Whereas Eni’s petrochemical activities had been operating at a loss for several decades (€630 mln and € 513 in 2008 and 2009 respectively), Maugeri’s strategy of radical discontinuity allowed it to obtain a modest but significant positive cash flow from operating activities (€ 25 mln in 2011, with losses cut to € 71 mln).
...
Wikipedia