GVS adopts a traditional governance model, characterised by the presence of a Board of Directors and a Board of Statutory Auditors appointed by the Shareholders' Meetings. The Board of Directors has appointed a Control, Risk and Sustainability Committee and a Nomination and Remuneration Committee.
The Group is constantly engaged in maintaining and strengthening the governance, in line with the national and international best practices, in order to ensure a clear and sustainable development strategy, creating value for all stakeholders and shareholders.
Grazia Valentini - Chairman
Ms. Valentini was born in Bologna on August 19, 1942 and graduated from the Liceo Scientifico Augusto Righi in Bologna in 1960. In 1985, she started the production and marketing of filtering systems, founding GVS di Valentini Grazia e C. - s.n.c., which evolved into the Group. Since 1985, she has served in different roles and managerial positions within the Group. Since 2013, she has served as the Chief Executive Officer of Grace di Grazia Valentini, a company operating in the fashion industry. Ms. Valentini serves as Chairman of the Board of Directors.
Massimo Scagliarini - Chief Executive Officer
Mr. Scagliarini is the CEO of the Group, at the top of the entire organizational structure of GVS. With over 35 years of experience, he has led the division operating in the medical sector and turn it into the most successful division of the Group. Born in Bologna on August 3, 1965 and earned a degree in accounting from the I.C. Renato Fucini Institute in Rome. He began his career as an operator for Diego Nardi S.n.c. of San Giovanni in Persiceto. In 1985, he joined GVS as an operator, quickly moved to a role in commercial sales in the medical sector, and then became a sales manager. Over the years, he has taken on increasing responsibilities for GVS’ activities, dealing with marketing and quality control. Since 1995, Mr. Scagliarini has also managed human resources and trade union relations. In 2002, he also took over the general management of GVS do Brasil, and currently holds various positions and managerial roles in most of the companies. Since 2004, he has worked in GVS general management.
Marco Scagliarini - Executive Director
Mr. Scagliarini was was born in Rimini on August 25, 1964. After completing his studies, he joined GVS in 1987 and he dedicated himself to management. He has held various managerial positions within the Company, and he currently oversees our Energy & Mobility division. In addition, Mr. Scagliarini holds various roles within the companies that we control, including the role of Chief Executive Officer for GVS Real Estate S.r.l..
Mario Saccone - Executive Director
Mr. Saccone was born in Naples on December 31, 1967. He graduated with a degree in Economics and Commerce from the University Federico II of Naples in 1993. Subsequently, he obtained a Master’s degree in Business Administration from Profingest Bologna (which later became the Bologna Business School, part of the Alma Mater Studiorum of Bologna) in 1995. In 1996, he joined GVS as an assistant to the administrative manager. In 1998, he was appointed our Head of Planning and Control, which came with added responsibility for various organizational areas, including Administration, Finance, Control and Human Resources. Since 2002, he has been a member of the Board of Directors and currently holds managerial roles in various companies that we control. He current holds the position of Chief Financial Officer.
Matteo Viola - Executive Director
Mr. Viola was born in Mantua on September 17, 1974. He graduated with a degree in Business Economics from the University. He began his career in 1999 at Burgo Group, where he held roles of increasing responsibility in the area of management control. In 2008, he left Burgo Group to join GVS as a Controller. In 2012, he took on the role of Vice-President of the System & Process Division, with responsibility for our information systems and process optimization, as well as functions relating to management control. Since 2013, he has served as our Chief Operating Officer. In 2017, he was appointed member of the Board of Directors and Chief Executive Officer of the newly-acquired U.S. subsidiary GVS Filtration Inc.. Since January 2018, he has also been a member of the Board of Directors.
Nadia Buttignol - Independent Director
Ms. Buttignol was born in Portogruaro (VE), on January 25, 1977 and graduated with a degree in Business Administration from the Luigi Bocconi Commercial University in 2001. After serving in various capacities at Morgan Stanley and Citigroup, in 2003 she joined the Corporate Finance division of Lazard & Co. Milan office in 2003. Subsequently, from 2006 to 2007, she was an associate in the Corporate Finance & Origination team at the London office of Dresdner Kleinworth. In 2007, she joined the private equity fund Palladio Holding S.p.A., where she currently holds the position of manager.
Arabella Caporello - Independent Director
Ms. Caporello was born in Ortona (CH), on September 20, 1972 and graduated with a degree in Economics and Business from the Catholic University of the Sacred Heart of Milan in 1996. After some serving as a financial analyst in General Electric and Gallo & C. (Mediobanca), she joined Advent International - Private Equity Funds in 1999 as a senior associate. After a brief period as Head of Business Development /M&A of the Group for the Humanitas Group, from 2006 to 2012, she served as Vice President in Investindustrial Advisor S.p.A. Subsequently, in 2012, she joined Banca Popolare di Milano as Executive Assistant to the Management Board, before moving in 2014 to the Lugano office of Investindustrial Advisor as Senior Vice President. From 2016 to 2018, she served as General Manager (Direttore Generale) of the City of Milan. Since 2018, she has been advising private equity funds in investing in small-mid cap companies active in the Italian market. She has held board positions at various Italian companies, including listed companies. She is registered with the Milan Register of Chartered Accountants (Ordine dei Dottori Commercialisti).
Alessandro Nasi - Independent Director
Mr. Nasi was born in Turin on April 18, 1974 and graduated with a degree in Business Administration from the University of Turin in 2002. After various national and international experiences as financial analyst at Europlus Asset Management, Pricewaterhouse Coopers S.p.A., Merrill Lynch and J.P. Morgan, he joined the Fiat Group in 2005 as Corporate Business Development Manager. In 2008, he joined CNH Industrial S.p.A., a listed company of the Fiat Group, where he currently serves as a member of the Board of Directors. Also within the Fiat Group, he has held various executive and administrative positions in domestic and foreign group companies. As of November 2019, he was also appointed to the Advisory Board of Lego Brand Group.
Michela Schizzi - Independent Director
Ms. Schizzi was born in Viareggio (LU), on August 30, 1982 and graduated with a degree in Law from the University La Sapienza of Rome in 2006. In 2009, she also achieved an LLM in European Law at King’s College in London. In 2006, she joined the Milan office of the international law firm Cleary Gottlieb Steen & Hamilton LLP as an associate. In 2012, she joined Snam S.p.A., where she is currently Senior Vice President Regulated Business Legal Affairs. Within the Snam Group, from 2015 to 2018, she also served as a member of the board of directors and audit committee of some of the group’s foreign companies within the Group.
Board of Directors
In accordance with Article 16 of the new By-laws, we will continue to be managed by a Board of Directors composed of a minimum of five to a maximum of nine members, as appointed by the ordinary shareholders’ meeting. On March 13, 2020, the shareholders’ meeting resolved on a number of nine members, nominating the Board of Directors which will hold the position until the approval of the balance for the year ended December 31, 2022.
Patrizia Lucia Maria Riva – Chairman
Ms. Riva was born in Milan on July 10, 1970. She earned a degree in Business Economics from the Luigi Bocconi Commercial University in 1993 and earned a PhD in Business, Economics and Management from the same university in 2000. She is enrolled in the Register of Chartered Accountants and in the Register of Legal Auditors. She maintains her accounting practice at the Studio Patrizia Riva, Chartered Accountants of Milan and Associated Lawyers, where she is a founder and senior partner. She has held and currently holds various administrative and control positions within Italian companies, including listed companies. In addition to her professional activity, from 1993 to 2010 she was a professor of Methodologies and Business Decisions at Luigi Bocconi Commercial University. Since 2002, she has held professorships at several Italian universities. Initially, she was contract professor teaching Accounting, Internal Auditing, Corporate Governance and Revision courses. Subsequently, she was a researcher with the title of Adjunct Professor at the University of Eastern Piedmont before being promoted to the position of Associate Professor. She is also a professor teaching a course on Crisis and Corporate Recovery at the University of Bergamo. She is the author of several national and international publications.
Francesca Sandrolini - Statutory Auditor
Ms. Sandrolini was born in Bologna on March 13, 1967. She earned a degree in Economics and Commerce from the Alma Mater Studiorum - University of Bologna in 1991. Since 1991, she has worked as a chartered accountant at Studio De Leo - Professional Association, where she is a partner. She is registered in the Register of Chartered Accountants and Accounting Experts of Bologna and in the register of Legal Auditors.
Stefania Grazia – Statutory Auditor
Ms. Grazia was born in Padua on July 12, 1966. She earned a degree in Economics from the University of Bologna in 1990. In 1991, she joined the Bologna office of the auditing firm PricewaterhouseCoopers S.p.A. Since 2017, she has been working as an independent contractor. She is registered in the Register of Chartered Accountants and Accounting Experts of Bologna and in the Register of Legal Auditors. In addition to her professional activity, she was a member of the study commission on the “Accounting principles and auditing principles” of the Order of Chartered Accountants and Accounting Experts of Bologna and member of the steering committee of the Chartered Accountants and Accounting Experts Foundation of Bologna.
Daniela Baesi – Alternate Auditor
Ms. Baesi was born in Bologna on January 30, 1971. She earned in Economics and Commerce from the Alma Mater Studiorum - University of Bologna in 1996. Since 1996, she has worked as a statutory auditor at the Bologna office of PricewaterhouseCoopers S.p.A. Since 2007, she has been the head of administration and finance at the accounting firm Paolo Castelli S.p.A. She is registered in the Register of Chartered Accountants and Accounting Experts of Bologna and in the Register of Legal Auditors.
Mario Difino – Alternate Auditor
Mr. Difino was born in Milan on July 1, 1956. He earned a degree in Political Economy at the Luigi Bocconi Commercial University in 1985. He works as a chartered accountant and statutory auditor at the accounting firm Piccolli, Difino & Associati where he is founder and partner. He is registered in the Register of Chartered Accountants and Accounting Experts of Milan and in the Register of Legal Auditors. In addition to his professional activity, he has been a member of several study commissions of the Order of Chartered Accountants and Accounting Experts of Milan. He also is the author of several publications on accounting standards and statutory auditing.
Board of Statutory Auditors
Pursuant to Article 23 of the By-Laws, the Board of Statutory Auditors comprises three Statutory Auditors and two Alternate Auditors.
Our Board of Statutory Auditors was appointed by the ordinary shareholders’ meeting held on May 23, 2018 and its members were scheduled to remain in office for three fiscal years, until the date the annual financial statements for the year ended December 31, 2020 are approved.
CONTROL, RISK AND SUSTAINABILITY COMMITTEE
The Board of Directors, on March 13, 2020, appointed as members of the Control, Risk and Sustainability Committee
· Arabella Caporello (Chairman)
· Nadia Buttignol
· Michela Schizzi
The Control, Risk and Sustainability Committee is an advisory body whose main task is to support, on the basis of an adequate control process, the evaluations and decisions to be made by the Board of Directors in relation to the internal control and risk management system, as well as to the approval of the periodic financial reports.
NOMINATION AND COMPENSATION COMMITTEE
The Board of Directors, on March 13, 2020, appointed as members of the Nomination and Compensation Committee
· Michela Schizzi
· Alessandro Nasi
· Grazia Valentini
In performing their functions, the members of the Nomination and Compensation Committee are entitled to avail themselves of support from consultants in order to gather information on market practice on compensation policies.
Documents in this section might be available in Italian only
La sezione al momento non contiene documenti.
Documents & Procedures
Documents in this section might be available in Italian only.
- Procedure per la disciplina delle operazioni parti correlate
Società di Revisione
Documents in this section might be available in Italian only.