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Italian business executive and engineer

Francesco Starace

Francesco Starace, in 2014.

Born (1955-09-22) 22 September 1955 (age 64)

Rome, Italy

NationalityItalian
CitizenshipItaly
OccupationCEO of Enel
Websitewww.francescostarace.it

Francesco Starace (Italian pronunciation: [ staˈratʃe]; born 1955) is an Italian business executive and the CEO and general manager of Enel Group.[1]

Life[edit]

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.

United States Radio Stations

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 major Italian electricity company, between 2002 and 2005, he held the post of head of the Business Power division. This was a newly created division within the Generation and Energy Management sector, and was part of CEO Paolo Scaroni's plan for the group to refocus on its core energy business.

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 that period, Enel launched the first ever service available in Europe for the supply of electricity generated by renewable sources alone.[8]

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.

Starace led the company to success on the stock markets of Milan and Madrid – with a 30.8% of equity, for a total of Euro 2.4 billion.[9] 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.[10]

In 2014 he was appointed CEO and general manager of Enel.[11][12] 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).[13][14][15]

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.[16][17][18][19]

In May 2015, the Secretary-General of the United NationsBan Ki-moon has appointed Francesco Starace Member of the United Nations Global Compact.[20][21][22][23][24]

In January 2016, he has been appointed co-president of the Energy Utilities and Energy Technology Communities of the World Economic Forum, at the 46th meeting held in Davos- Klosters, Switzerland.[25][26][27][28][29]

In 2017 he was appointed as new President of Eurelectric,[30] a role he kept till 2019.[31]

Since September 2019, following an invitation from the Rockefeller Foundation, Mr.

Starace became a member of the Global Commission to End Energy Poverty[32].

Awards[edit]

  • In 2010 he received, together with Luigi Ferraris, the "Manager Utilities Prize 2010", awarded by Agici and Accenture for managing a world leader industrial project in the field of renewable energy.[33]
  • In 2011 he won the "Chess and business strategies" prize, awarded by the homonymous association.[34]
  • In 2013 he won the "Sustainable Energy Prize 2013", awarded by Fondazione Energia.[35]
  • In 2018 he was awarded the Order of the Aztec Eagle, the highest honor given to foreign citizens in Mexico, for the services offered by Enel, aimed at promoting the sustainable development of the country.[36]
  • On May 31, 2018, Mr.

    Francesco Starace was awarded the Order of Merit for Labour, following the signing of the decree by the President of the Italian Republic.[37]

  • In April 2018 Francesco Starace was honored with the Brazilian title of Commander of the Order of Rio Branco.

    Meta menu (EN)

    This title recognizes those who have made an especially meritorious contribution to the development of politics, economics and science of the Country.[38][39]

  • In July 2018 Francesco Starace was honored with the title of Commander of the Order of Merit of the Colombian Republic.

    This title, given by Colombia's Ambassador to Italy Juan Mesa Zuleta, recognizes the positive impact of Enel investment in the country and the commitment of the CEO to sustainable development.[40][41]

  • In 2019 he became Fortune Italy's Businessperson of the year for the Energy sector[42].
  • In December 2019 he was awarded the Global Leadership Award 2019, he was the first Italian and the first representative of the energy sector to receive this award from the University of California Berkeley[43][44].

Honours[edit]

Controversies[edit]

He said that in order 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".[46][47] He later apologized with a letter to Enel's employees.[48]

Publications[edit]

  • Starace, Francesco (1 July 2000).

    "The Utility Industry in 2020". In Bausch, Andreas; Schwenker, Burkhard (eds.). Handbook Utility Management. Springer Science & Business Media. ISBN .[49]

Bibliography[edit]

  • Wind Power: The Struggle for Control of a New Global Industry, Ben Backwell, Routledge, 19 September 2014, ISBN 9781317685418
  • National Monopoly to Successful Multinational: the Case of Enel, Massimo Bergami, Pier Luigi Celli, Giuseppe Soda, Palgrave Macmillan, 29 November 2012, ISBN 9781137033901
  • Windpower Monthly Newsmagazine, Volume 26, Forlaget Vistoft, 2010
  • E dopo?

    Energie rinnovabili per tutti, Luca Reteuna, Effata Editrice, 2009, ISBN 9788874024940

References[edit]

  1. ^Editorial, Reuters.

    Overnight Summary

    "UPDATE 2-Enel loses appetite for further acquisitions in Brazil". U.S. Retrieved 28 August 2018.

  2. ^"Italian IGCC project sets pace for new refining era". Oil & Gas Journal.

    Saudi Aramco prices shares at top of range in world's biggest IPO

    12 September 1996. Retrieved 16 December 2014.

  3. ^"Società partecipate dallo Stato, ecco i nuovi vertici". Il Sole 24 Ore. Retrieved 16 December 2014.
  4. ^"Francesco Starace – Biography".

    RPT-Banks lobby Aramco for incentive fee after slim IPO pickings -sources

    Enel.

  5. ^"Italian IGCC project sets pace for new refining era". Oil & Gas Journal. Retrieved 16 December 2014.
  6. ^"Chi è Francesco Starace, nuovo ad di Enel". Europa. 14 April 2014.

    2020 U.S. IPO Candidates

    Archived from the original on 16 December 2014. Retrieved 16 December 2014.

  7. ^"ENEL: AL VIA LA NUOVA ORGANIZZAZIONE.

    NASCE LA DIVISIONE INTERNAZIONALE". Enel. Retrieved 16 December 2014.

  8. ^"Liberalizzazione dell'energia: Enel lancia un pacchetto famiglia verde". Ilsole24ore.com. Retrieved 31 July 2015.
  9. ^"Ipo Green Power, questa la squadra". Archiviostorico.corriere.it.

    Tutte le ipo 2020

    Retrieved 31 July 2015.

  10. ^"Starace: il mercato globale sarà il segreto delle rinnovabili | Rinnovabili". Rinnovabili.it. Retrieved 31 July 2015.
  11. ^"Enel: il nuovo consiglio di amministrazione nomina francesco starace amministratore delegato e direttore generale". Enel.

    Inviaci il tuo problema

    Retrieved 16 December 2014.

  12. ^"Ecco tutte le nomine. Finmeccanica, Moretti al vertice. Eni: Marcegaglia-Descalzi. Poste:Todini-Caio.

    Enel: Grieco-Starace Terna: Bastioli".

    Sanlorenzo: per IPO forchetta di prezzo tra 16 e 19 euro per azione

    Repubblica.it. Retrieved 16 December 2014.

  13. ^d. "Francesco Starace: Ecco come cambierò l'Enel". Espresso.repubblica.it. Retrieved 31 July 2015.
  14. ^"Enel: 11 GW di termoelettrico da chiudere e sperimentazione su dispacciabilità da rinnovabili".

    Tutte le ipo 2020

    QualEnergia. 16 October 2014.

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    Retrieved 16 December 2014.

  15. ^"Enel, per 4/5 centrali riconversione a biomassa, solo con ok comuni-Ad". Reuters Italia. 30 October 2014. Retrieved 16 December 2014.
  16. ^"Incontro vertici di Enel e Greenpeace".

    Greenpeace (in Italian). 17 March 2015. Retrieved 2 February 2016.

  17. ^"Kumi Naidoo incontra Francesco Starace, AD di Enel".

    Greenpeace (in Italian). 17 March 2015. Retrieved 2 February 2016.

  18. ^Giulio Meneghello (18 March 2015).

    "Enel, Greenpeace approva la svolta verde di Starace". QualeEnergia.it (in Italian). Retrieved 2 February 2016.

  19. ^"Incontro fra vertici Enel e Greenpeace". ANSA (in Italian). 17 March 2015.

    IPO Migliori 2020 Dove Investire Soldi

    Retrieved 2 February 2016.

  20. ^"UN Secretary-General Appoints New Global Compact Board Members". UN Global Compact. 7 May 2015. Retrieved 2 February 2016.
  21. ^"Brief Bios: Global Compact Board". UN Global Compact.

    Tutte le ipo 2020

    Retrieved 2 February 2016.

  22. ^"Enel: Starace a primo Cda Global Compact Onu". Corriere.it (in Italian). 11 June 2015.

    Retrieved 2 February 2016.

  23. ^"Starace (ENEL) a New York per Board Global Compact".

    Tutte le ipo 2020

    OnuItalia.com (in Italian). 26 June 2015. Retrieved 2 February 2016.

  24. ^"ENEL: STARACE PARTECIPA AL CONSIGLIO DEL GLOBAL COMPACT NAZIONI UNITE". AGG (in Italian). 26 June 2015. Archived from the original on 22 July 2015. Retrieved 2 February 2016.
  25. ^"Wef: Starace nominato co-presidente utilities ed energy".

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    iltempo.it (in Italian). 22 January 2016. Archived from the original on 2 February 2016. Retrieved 2 February 2016.

  26. ^"Enel, per l'a.d. Starace nomina al World Economic Forum (WEF)". affaritaliani.it (in Italian). 22 January 2016.

    Retrieved 2 February 2016.

  27. ^"WEF Utilities and Energy Technologies Community has Francesco Starace as new co-chair". theworldnewstimes.com. 22 January 2016.

    Retrieved 2 February 2016.

  28. ^"Enel: Starace co-presidente Energy Utilities and Technologies Communities Wef". corriere.it (in Italian). 22 January 2016. Retrieved 2 February 2016.
  29. ^"Enel CEO Francesco Starace appointed co-chair of World Economic Forum Utilities and Energy Technologies Community".

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    publicnow.com (in Italian). 22 January 2016. Archived from the original on 20 October 2016. Retrieved 2 February 2016.

  30. ^Enel’s CEO Francesco Starace New President of EURELECTRIC
  31. ^Vattenfall's Hall appointed Eurelectric president
  32. ^Lunch and Learn with Enel's CEO Francesco Starace
  33. ^"Enel: a Ferraris e **Starace** il premio Manager Utilities 2010 -RPT".

    ilsole24ore. 17 February 2011.

  34. ^"L'artigianato molisano ai vertici delle aziende italiane". Prima Pagina Molise. 28 November 2011.

    Tutte le ipo 2020

    Archived from the original on 16 December 2014. Retrieved 16 December 2014.

  35. ^"Premio Energia Sostenibile - ENERGIA - ASSOCIAZIONE ITALIANA". aiee.
  36. ^Italian group Enel bets strongly in clean energy in Mexico
  37. ^Quirinale, Starace nominato Cavaliere del Lavoro
  38. ^A Francesco Starace (Enel) un titolo in Brasile
  39. ^Enel: Starace riceve titolo Commendatore Ordine brasiliano Rio Branco
  40. ^ENEL: STARACE NOMINATO COMMENDATORE DELLA COLOMBIA
  41. ^Enel, a.d.

    Francesco Starace nominato commendatore dell’Ordine nazionale del merito di Colombia

  42. ^Francesco Starace nominato Businessperson of the year per il settore Energia nella classifica stilata da Fortune Italia
  43. ^Francesco Starace insignito del premio Global Leadership Award 2019
  44. ^Enel, Starace riceve premio Global Leadership Award 2019
  45. ^Nominati 25 nuovi cavalieri del lavoro: da Andrea Illy a Francesco Starace, ecco chi sono.
  46. ^https://www.youtube.com/watch?v=r0L3Im8arSk
  47. ^http://www.lanotiziagiornale.it/il-discorso-choc-dellad-dellenel-starace-bisogna-creare-paura-nei-dipendenti-ora-imbarazza-il-governo-il-caso-finisce-in-parlamento-con-uninterrogazione-parlamentare-in-altri-paesi-per/
  48. ^http://www.ilfattoquotidiano.it/2016/05/31/enel-lad-starace-ai-dipendenti-dopo-le-frasi-alla-luiss-ho-sbagliato-quei-toni-e-contenuti-non-mi-appartengono/2784555/
  49. ^Starace, Francesco (2008).

    "The Utility Industry in 2020". Handbook Utility Management.

    Dubaitaly Magazine

    pp. 147–167. doi:10.1007/978-3-540-79349-6_9. ISBN .