Market Chatter: Eni Chief Executive Claudio Descalzi to be Reappointed for Fifth Term

MT Newswires Live01-14

Eni Chief Executive Claudio Descalzi is set to be reappointed to the position for a fifth three-year term by the Italian government, Bloomberg reported Wednesday, citing unnamed people familiar with the matter.

Sources told Bloomberg that the decision to appoint Descalzi is expected to be made by spring. However, discussions are ongoing and no final decision has been made, they added.

Eni did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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