GOVERNANCE
Governance model
The governance of Madre Holding S.p.A. is based on the traditional model, which includes a General Shareholders’ Meeting, Board of Directors and Board of Statutory Auditors.
The corporate governance system of Madre Holding S.p.A. is essentially oriented toward the pursuit of sustainable success, that is, the creation of long-term value for the benefit of shareholders, taking into account the interests of other stakeholders relevant to the Company.
The audit engagement for fiscal years 2019-2022 was entrusted by the Ordinary Shareholders’ Meeting of the Company on December 16, 2019, to the auditing firm Ernst & Young S.p.A., effective as of July 28, 2020, the date of the Ordinary Shareholders’ Meeting of the Company that approved the financial statements as of December 31, 2019.
Corporate documents
Corporate bodies
administration
Umberto Deodati
Chairman Board of Directors
Daniel Pistoia
Councilor
Joseph Monaco
Councilor
The Board of Directors, composed of 03 members and appointed on March 30, 2020, is the management body of the Company. Its main role is the review and approval of strategic, industrial and financial plans.
Statutory Auditors
Francesco La Greca
Chairman of the Board of Statutory Auditors
Andrea De Nigris
Alternate Auditor
Grazia Carbone
Mayor
The Board of Statutory Auditors oversees compliance with the law and the Articles of Association, as well as compliance with the principles of proper administration in the performance of corporate activities, the adequacy of the organizational structure, the internal control system.
Umberto Deodati
Chairman of the Board of Directors
Daniele Pistoia
Counselor
Giuseppe Monaco
Counselor
The supervisory body has the task of supervising the functioning and observance of the organization and management model and of ensuring its updating and is endowed with autonomous powers of initiative and control.
Ernest & Young S.p.A.
The statutory auditing of the accounts is entrusted to a specialized statutory auditing company, duly registered in the appropriate register of statutory auditors, appointed by the Shareholders’ Meeting on the proposal of the Board of Statutory Auditors.
