COMMUNICATION: CESI: Domenico Villani succeeds Matteo Codazzi as new CEO

MILAN, Italy, Oct.

COMMUNICATION: CESI: Domenico Villani succeeds Matteo Codazzi as new CEO

MILAN, Italy, Oct. 28, 2022 /PRNewswire/ -- The Board of Directors of CESI (Centro Elettrotecnico Sperimentale Italiano, Italian Experimental Electrotechnical Center) SpA, chaired by Guido Bortoni, today appointed Domenico Villani as the company's new CEO . Villani replaces Matteo Codazzi, who is leaving the company to seek new professional opportunities.

Domenico Villani, who joined CESI in 2006, has so far served as Executive Vice President of the Testing, Inspection and Certification Division and CEO of IPH GmbH and FGH E

"I want to thank the shareholders for the trust they have placed in me. After many years, it has been decided to directly select a CESI manager for this role; it is an important sign of consideration of CESI's capabilities, a solid company with interesting development prospects. The energy sector is changing rapidly and offers us several opportunities. The ability and dedication of our staff put us in the best position to achieve these goals", commented the new CEO.

Matteo Codazzi wanted to extend his thanks to the shareholders and his colleagues at CESI: "My thanks to the shareholders and the Board of Directors who in recent years, with their trust, have given me the opportunity to carry out my duties in the best way possible. A special thought goes out to all my colleagues: working with all of them has been a real privilege for me. In fact, it is above all thanks to their commitment that CESI has proudly transformed itself from a center of technological excellence to a true multinational service provider supporting the energy transition, with offices and laboratories around the world."

Finally, regarding the change, President Bortoni stated: "I congratulate the new CEO, Domenico Villani, and I thank Matteo Codazzi, also on behalf of the entire Board of Directors, for the efforts he has dedicated to CESI. I also I am pleased that the shareholders have voted in favor of the appointment of Domenico, a manager with a lot of experience in the company, since he comes from within CESI, I am confident that he will be able to lead the company as a whole, also valuing the Consulting Division , "sister" of the Testing Division where he developed his professional work. From now on, I assure my convinced support to the new CEO, to whom I send my best personal wishes, as well as those of the entire Board."

For more than sixty years, CESI (Centro Elettrotecnico Sperimentale Italiano) has offered its customers, located in more than 70 countries around the world, services in the field of innovation, digitization, testing and engineering, as well as the advice in the electrical energy sector and in civil and environmental engineering. In particular, through its KEMA Labs Division, the Group is a world leader in independent testing, inspection and certification of components and systems for the electrical and digital sector. Finally, CESI is among the few companies in the world that develop and produce advanced solar cells for space applications.

The company's main clients are power generation companies (GenCos), transmission and distribution system operators (TSOs and DSOs), international producers of electrical and digital components and systems, private investors, public institutions (governments, public administrations, local authorities) and regulatory authorities. In addition, CESI works closely with international financial institutions, such as the World Bank, the European Bank for Reconstruction and Development, the Inter-American Bank, the Asian Development Bank and the Arab Fund.

CESI has offices in Milan, Arnhem (NL), Berlin and Mannheim (GE), Chalfont and Knoxville (USA), Prague, Dubai, Rio de Janeiro, Shanghai (China) and Santiago de Chile.

www.cesi.it

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