Francesco Starace Explained

Francesco Starace
Birth Date:1955 9, df=yes
Birth Place:Rome, Italy
Occupation:CEO of Enel

Francesco Starace (Italian pronunciation: [staˈratʃe]; born 1955) is an Italian business executive, from 2014 to 2023 he was CEO and general manager of Enel Group.[1]

Life

In 1980 he graduated in Nuclear Engineering at the Polytechnic University of Milan.[2] [3] [4]

From 1981 to 1982 he worked as a safety analyst for the nuclear power plants of NIRA Ansaldo. Until 1987 he held a number of managerial positions in SAE SADELMI, a company owned by General Electric, both in Italy and abroad (the US, Saudi Arabia and Egypt).

In 1987 he relocated to ABB. In 1993 he was assigned to the role of Operations Manager for SOIMI, company part of the group ABB SAE SADELMI.[5]

Between 1997 and 1998 he was CEO of ABB Combustion Engineering Italy, and then of Alstom Power, where between 1998 and 2000 he was senior vice president of global sales and turnkey plants in the gas turbine division.

In 2000 he became head of Energy Management at Enel Produzione.[6] While working for the Italian electricity company, between 2002 and 2005, he held the post of head of the Business Power division.

In 2005 he was appointed director of the Italian Market Division of Enel, a division that focused on a free electricity and gas market for homes and private customers.[7]

In December 2008 he was appointed director of the Renewable Energy Division of Enel and CEO of Enel Green Power, the Group's newly formed company dedicated to developing and managing the production of energy from renewable sources in Italy and around the world. During the six years of the Starace management, Enel Green Power established itself as one of the leading global players in the renewable energy sector, with 29 billion kWh generated from 750 plants in 16 countries in Europe, North America and Latin America, and with a mix of well-calibrated green technologies.[8]

In 2014 he was appointed CEO and general manager of Enel.[9] [10] His strategy puts the focus on the industrial side of the business and he has announced the company's plans for the conversion of 23 thermal power plants of the Gruppo Italia (gas turbine, fuel oil, coal).[11] [12] [13]

In March 2015 he met with the Executive Director of Greenpeace International Kumi Naidoo and the president of Greenpeace Italy Andrea Purgatori to share Enel’s plans for the medium/long term.[14] [15] [16] [17]

In May 2015, the Secretary-General of the United Nations Ban Ki-moon has appointed Francesco Starace Member of the United Nations Global Compact.[18] [19] [20] [21] [22]

He held this position for two terms (2015-2018 and 2018-2021): as established by the statute, this is the maximum number of consecutive terms that can be served.[23]

In 2017 he was appointed as new President of Eurelectric,[24] a role he kept till 2019.[25]

From September 2017 to December 2019, the European Commission made him a member of the “Multi-stakeholder Platform on the Implementation of the Sustainable Development Goals in the EU”.[26]

Since September 2019, following an invitation from the Rockefeller Foundation, Mr. Starace became a member of the Global Commission to End Energy Poverty.[27] In January 2020 he became Co-chair of the WEF “Net Zero Carbon Cities - Systemic Efficiency Initiative”.[28] In May 2020 Francesco Starace has been confirmed for a third term in office as CEO at Enel.[29] [30] From June 2020 to December 2021 he was Member of the G20 Business Advisory Board for the Italian Presidency.[31]

In October 2020 he was appointed Chair of the Administrative Board of SEforALL, an international organization that works closely with the United Nations to accelerate and deliver at scale the solutions needed to achieve Sustainable Development Goal 7 (SDG7) by 2030.[32] [33] From December 2020 to December 2021 he was Chair of the B20 ITALY 2021 - “Energy & Resource Efficiency Task Force”.[34] In January 2021 Francesco Starace was appointed co-chair of the European Clean Hydrogen Alliance’s roundtable on “Renewable and low-carbon hydrogen production”.[35]

He is a Member of the Climate and Environment Advisory Council of the European Investment Bank (EIB) Group,[36] as well as a Member of B20 Indonesia 2022 - Taskforce on “Energy, Sustainability and Climate”.[37] He is also Co-Chair of the Italy-Mexico Business Council.[38]

In July 2022, he became a member of Global Leadership Council, an organization of Global Energy Alliance for People and Planet.

Awards

Controversies

He said that to change a company it's necessary to "physically destroy" centres of power that oppose change, "hitting" them so "to spark fear in the organization".[58] He later apologized with a letter to Enel's employees.[59]

In early 2022, Francesco came under criticism for meeting in person with acting President of Russia Vladimir Putin to discuss massive Russian investments & sanction exemptions, just over a week prior to the 2022 Russian invasion of Ukraine.[60]

Publications

Bibliography

Notes and References

  1. News: UPDATE 2-Enel loses appetite for further acquisitions in Brazil. Reuters Editorial. U.S.. 26 February 2022. en-US.
  2. Web site: Italian IGCC project sets pace for new refining era. 12 September 1996. 16 December 2014. Oil & Gas Journal.
  3. Web site: Società partecipate dallo Stato, ecco i nuovi vertici. Il Sole 24 Ore. 16 December 2014.
  4. Web site: Francesco Starace – Biography. Enel. 18 December 2014. 24 September 2015. https://web.archive.org/web/20150924001403/http://www.enel.com/it-IT/governance/board/ceo/biography_starace.aspx. dead.
  5. Web site: Italian IGCC project sets pace for new refining era. 16 December 2014. Oil & Gas Journal.
  6. Web site: Chi è Francesco Starace, nuovo ad di Enel. 16 December 2014. 14 April 2014. Europa. https://web.archive.org/web/20141216183526/http://www.europaquotidiano.it/2014/04/14/chi-e-francesco-starace-nuovo-ad-di-enel/. 16 December 2014. dead.
  7. Web site: ENEL: AL VIA LA NUOVA ORGANIZZAZIONE. NASCE LA DIVISIONE INTERNAZIONALE. Enel. 16 December 2014.
  8. Web site: Starace: il mercato globale sarà il segreto delle rinnovabili | Rinnovabili . Rinnovabili.it . 31 July 2015.
  9. Web site: Enel: il nuovo consiglio di amministrazione nomina francesco starace amministratore delegato e direttore generale. 16 December 2014. Enel. 16 December 2014. https://web.archive.org/web/20141216194242/https://www.enel.com/it-IT/investors/press_releases/enel-il-nuovo-consiglio-di-amministrazione-nomina-francesco-starace-amministratore-delegato-e-direttore-generale/r/1661940. dead.
  10. Web site: Ecco tutte le nomine. Finmeccanica, Moretti al vertice. Eni: Marcegaglia-Descalzi. Poste:Todini-Caio. Enel: Grieco-Starace Terna: Bastioli. Repubblica.it. 16 December 2014.
  11. Web site: d . Francesco Starace: Ecco come cambierò l'Enel . Espresso.repubblica.it . 31 July 2015.
  12. Web site: Enel: 11 GW di termoelettrico da chiudere e sperimentazione su dispacciabilità da rinnovabili. QualEnergia. 16 December 2014. 16 October 2014.
  13. Web site: Enel, per 4/5 centrali riconversione a biomassa, solo con ok comuni-Ad. https://web.archive.org/web/20141216203421/http://it.reuters.com/article/itEuroRpt/idITL5N0SP52T20141030. dead. 16 December 2014. Reuters Italia. 16 December 2014. 30 October 2014.
  14. Web site: Incontro vertici di Enel e Greenpeace. Greenpeace. Italian. 17 March 2015. 2 February 2016.
  15. Web site: Kumi Naidoo incontra Francesco Starace, AD di Enel. Greenpeace. Italian. 17 March 2015. 2 February 2016.
  16. Web site: Enel, Greenpeace approva la svolta verde di Starace. QualeEnergia.it. Italian. 18 March 2015. 2 February 2016. Giulio Meneghello.
  17. Web site: Incontro fra vertici Enel e Greenpeace. ANSA. Italian. 17 March 2015. 2 February 2016.
  18. Web site: UN Secretary-General Appoints New Global Compact Board Members. UN Global Compact. 7 May 2015. 2 February 2016.
  19. Web site: Brief Bios: Global Compact Board. 2 February 2016. UN Global Compact.
  20. Web site: Enel: Starace a primo Cda Global Compact Onu. Corriere.it. Italian. 11 June 2015. 2 February 2016.
  21. Web site: Starace (ENEL) a New York per Board Global Compact. OnuItalia.com. Italian. 26 June 2015. 2 February 2016. 24 September 2015. https://web.archive.org/web/20150924060637/http://www.onuitalia.com/2015/06/27/starace-enel-a-new-york-per-board-global-compact/. dead.
  22. Web site: ENEL: STARACE PARTECIPA AL CONSIGLIO DEL GLOBAL COMPACT NAZIONI UNITE. AGG. Italian. 26 June 2015. 2 February 2016. https://web.archive.org/web/20150722034707/http://www.globalpress.eu/9/0/17783/ENEL--STARACE-PARTECIPA-AL-CONSIGLIO-DEL-GLOBAL-COMPACT-NAZIONI-UNITE.html. 22 July 2015. dead.
  23. Web site: Enel CEO Francesco Starace re-nominated to the Board of UN Global Compact for a second term.
  24. https://www.publics.bg/en/news/16411/Enel%E2%80%99s_CEO_Francesco_Starace_New_President_of_EURELECTRIC.html Enel’s CEO Francesco Starace New President of EURELECTRIC
  25. https://www.windpowermonthly.com/article/1585168/vattenfalls-hall-appointed-eurelectric-president Vattenfall's Hall appointed Eurelectric president
  26. Web site: CE, Francesco Starace (Enel) nominato membro dell'High Level Multi-Stakeholder Platform.
  27. https://haas.campusgroups.com/BERCatHaas/rsvp_boot?id=592370 Lunch and Learn with Enel's CEO Francesco Starace
  28. Web site: Enel, "Net Zero Carbon Cities: An Integrated Approach" report published - Ruetir. 25 January 2021. 1 February 2021. https://web.archive.org/web/20210201215029/https://www.ruetir.com/2021/01/13/enel-net-zero-carbon-cities-an-integrated-approach-report-published/. dead.
  29. http://www.askanews.it/economia/2020/05/14/enel-nominato-il-cda-crisostomo-presidente-e-starace-resta-ad-pn_20200514_00404/ Enel: nominato il cda, Crisostomo presidente e Starace resta ad
  30. https://www.teleborsa.it/News/2020/05/14/enel-nominato-cda-crisostomo-nuovo-presidente-starace-confermato-ad-171.html#.Xr5WcWgzbIU Enel nominato CdA: Crisostomo nuovo presidente, Starace confermato AD | Teleborsa.it
  31. Web site: G20 Business Advisory Board For The Italian Presidency.
  32. Web site: Enel, Starace nominato nuovo Presidente di SEforALL – Economia e Finanza – Repubblica.it .
  33. Web site: Francesco Starace nominato presidente di SEforALL – Energia Oltre.
  34. Web site: Il B20 in campo per il rilancio della crescita - Il Sole 24 ORE.
  35. Web site: Roundtables .
  36. Web site: EIB Group creates Climate and Environment Advisory Council.
  37. Web site: B20 Indonesia Summit inception meeting highlights global public-private partnerships - Front Row - The Jakarta Post.
  38. Web site: La forza dell’industria messicana? «Usiamo meccanica italiana» - Il Sole 24 ORE.
  39. Web site: Enel: a Ferraris e **Starace** il premio Manager Utilities 2010 -RPT. ilsole24ore. 17 February 2011.
  40. Web site: L'artigianato molisano ai vertici delle aziende italiane. Prima Pagina Molise. 28 November 2011. 16 December 2014. https://web.archive.org/web/20141216203451/http://www.primapaginamolise.it/detail.php?news_ID=45381. 16 December 2014. dead.
  41. Web site: Premio Energia Sostenibile – ENERGIA – ASSOCIAZIONE ITALIANA. aiee. 13 December 2016. 20 December 2016. https://web.archive.org/web/20161220185659/http://www.aiee.it/principale.asp?Titolo=FondPremi&Lingua=IT. dead.
  42. Web site: Italian group Enel bets strongly in clean energy in Mexico . 18 May 2018 . 19 May 2018 . https://web.archive.org/web/20180519033849/http://www.notimex.gob.mx/ntxnotaLibre/524982 . dead .
  43. http://www.quirinale.it/elementi/Continua.aspx?tipo=Notizia&key=84189 Quirinale, Starace nominato Cavaliere del Lavoro
  44. http://www.lastampa.it/2018/07/12/economia/a-francesco-starace-enel-un-titolo-in-brasile-YKCjaQotq78dI2wEQO75kK/pagina.html A Francesco Starace (Enel) un titolo in Brasile
  45. http://www.affaritaliani.it/notiziario/enel_starace_riceve_titolo_commendatore_ordine_brasiliano_rio_branco_2-71127.html Enel: Starace riceve titolo Commendatore Ordine brasiliano Rio Branco
  46. http://finanza.tgcom.mediaset.it/news/dettaglio_news.asp?id=201807191612001211&chkAgenzie=PMFNW&sez=news&testo=&titolo=Enel:%20Starace%20nominato%20commendatore%20della%20Colombia ENEL: STARACE NOMINATO COMMENDATORE DELLA COLOMBIA
  47. https://www.blitzquotidiano.it/economia/enel-francesco-starace-colombia-2906974/ Enel, a.d. Francesco Starace nominato commendatore dell’Ordine nazionale del merito di Colombia
  48. https://www.fortuneita.com/2019/12/09/energia-francesco-starace-businessperson-of-the-year/ Francesco Starace nominato Businessperson of the year per il settore Energia nella classifica stilata da Fortune Italia
  49. http://www.affaritaliani.it/economia/francesco-starace-insignito-del-premio-global-leadership-award-2019-642709.html Francesco Starace insignito del premio Global Leadership Award 2019
  50. https://www.ilmessaggero.it/economia/news/enel_starace_riceve_premio_global_leadership_award_2019-4924293.html Enel, Starace riceve premio Global Leadership Award 2019
  51. https://finanza.repubblica.it/News/2020/04/29/a_francesco_starace_enel_il_premio_manager_utility_energia_2019-165/ A Francesco Starace (ENEL) il premio Manager Utility Energia 2019 – Economia e Finanza – Repubblica.it
  52. https://www.teleborsa.it/News/2020/04/29/a-francesco-starace-enel-il-premio-manager-utility-energia-2019-165.html#.XrA_nKgzbIU A Francesco Starace (ENEL) il premio Manager Utility Energia 2019 | Teleborsa.it
  53. Web site: Institutional Investors: premiati Intesa, Poste, Starace e Messina – FIRSTonline.
  54. Web site: Manager, Starace al top nel settore delle utilities.
  55. Web site: Francesco Starace (Enel) e José Manuel Entrecanales (Acciona) ricevono il Premio Tiepolo 2021 a Madrid .
  56. Web site: Premio Roma allo sviluppo del Paese, sesta edizione. Premiati Starace (Enel), Zambon (Zambon Spa) e il premio Oscar Vittorio Storaro - Il Giornale d'Italia.
  57. http://www.ilsole24ore.com/art/notizie/2018-06-01/nominati-25-nuovi-cavalieri-lavoro-andrea-illy-francesco-starace-ecco-chi-sono-105822.shtml?uuid=AEmfJdyE Nominati 25 nuovi cavalieri del lavoro: da Andrea Illy a Francesco Starace, ecco chi sono.
  58. Web site: Il discorso choc dell'Ad dell'Enel Starace – "Bisogna creare paura nei dipendenti" – ora imbarazza il Governo. Il caso finisce in Parlamento con un'interrogazione parlamentare. In altri Paesi per molto meno l'amministratore di un gruppo pubblico leva il disturbo e va a casa. – VIDEO -. Mucci. di Nello. 19 May 2016. LA NOTIZIA. it-IT. 10 February 2020.
  59. Web site: Enel, l'ad Starace ai dipendenti (dopo le frasi alla Luiss): 'Ho sbagliato, quei toni e contenuti non mi appartengono'. 31 May 2016. Il Fatto Quotidiano. it-IT. 10 February 2020.
  60. News: Italy Sought Russian Deals Shortly Before Putin Invaded Ukraine. Bloomberg. U.S.. 26 February 2022. en-US.
  61. Book: The Utility Industry in 2020. 10.1007/978-3-540-79349-6_9. Handbook Utility Management. 147–167. 2008. Starace. Francesco. 978-3-540-79348-9.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Francesco Starace".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.