MILAN, Dec 4 (Reuters) - Alberto De Paoli, head of
countries including the United States, Brazil and Chile at Enel
, will soon leave the Italian energy company, two
sources familiar with the matter said, the latest management
change under the group's new CEO.
De Paoli, who also served as Enel's chief financial officer
between 2014 and 2023, will be succeeded as Director, Rest of
the World, by company veteran Roberto Deambrogio, the sources
added.
De Paoli's exit, first reported by Italian financial daily
MF, is the latest management change since Flavio Cattaneo took
over from Enel's long-serving CEO Francesco Starace in May 2023.
The replacement comes as the group starts to roll out an
investment plan worth nearly 11 billion euros ($11.5 billion) in
Latin America and North America due to be completed by 2027.
De Paoli is set to follow a new career path that might
involve an entrepreneurial activity, one of the sources said.
Presenting its updated business plan last month, Enel said
it was committed to invest to keep its concessions in Brazil and
Chile, two countries where some of the power grids managed by
the Italian group have been hit by extreme weather, triggering
power outages and local government complaints.
($1 = 0.9529 euros)