Paolo Scaroni

The Rothschild Group is pleased to announce the appointment of Paolo Scaroni as Deputy Chairman with effect from 1 July 2014. He will work particularly closely with the Group's Global Financial Advisory business, bringing his wealth of experience in industry to the bank and its clients, especially in the energy and power sector.

Mr Scaroni was, most recently, CEO of Eni, one of the world’s major integrated energy companies, from May 2005 to May 2014.

Announcing the appointment, David de Rothschild said “I am delighted that Paolo Scaroni has agreed to join Rothschild. Having worked with Paolo for many years, I have no doubt that our clients and colleagues will benefit greatly from his deep knowledge of many industries, his experience in managing multinational organisations, and his energetic and entrepreneurial outlook. I look forward to working closely with him.”

Paolo Scaroni said “I am very much looking forward to working with David and the team at Rothschild. In particular, I am excited about the prospect of using the experience I have gained through my different business roles to help the firm’s clients address the strategic issues and opportunities available to them.

Paolo Scaroni obtained an economics degree from Milan’s Bocconi University in 1969 and an MBA from Columbia Business School in 1973. After business school, Mr. Scaroni was an associate at McKinsey and Company. From 1973 until 1985, he was with Saint Gobain, culminating with his appointment as President of the flat glass division. In 1985, Mr. Scaroni became CEO of Techint, and executive VP of SIV, a joint venture between Techint and Pilkington plc. He joined Pilkington plc in 1996 and was CEO until May 2002. Between 2002 and 2005 he was CEO of Enel, Italy’s leading electricity utility, and between 2005 and 2014 he was CEO of Eni, one of the world’s major integrated energy companies.