Corporate governance system
Enel's corporate governance rules constitute an essential instrument to ensure an efficient and successful management and a reliable control tool of the activities carried out by the company, aiming at the creation of value for shareholders.
Enel's rules, which are set forth in compliance with Italian laws and regulations, are inspired by the principles of transparency and fairness. Furthermore, such rules are in line with the recommendations contained in the Italian Corporate Governance Code and with international best practices.
Enel provides to the public a detailed report on its set of corporate governance rules ("Corporate governance and share ownership report") on a yearly basis, published jointly with the annual financial statements.
Last update: May 12, 2023
Chief Executive Officer and General Manager
The Chief Executive Officer is empowered, like the Chair, as the Company's legal representative and has been assigned, according to a Board resolution adopted on May 12, 2023, all managing powers regarding the Company, with the exception of those otherwise attributed by laws and regulations, bylaws or reserved to the Board of Directors under the aforesaid resolution.
The Chair is vested by the bylaws with the powers to represent the Company and to sign on its behalf. The Chair presides over Shareholders' Meetings, convenes Board of Directors meetings, establishes their agenda, presides over them, endeavors to ensure that the documentation related to the items on the agenda is circulated to the Directors and Statutory Auditors in due advance prior to the date of each meeting, and ascertains that the Board resolutions are carried out.