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  3. Marco Tronchetti Provera - Wikipedia
Marco Tronchetti Provera - Wikipedia
From Wikipedia, the free encyclopedia
Marco Tronchetti Provera
Provera in 2012
Born (1948-01-18) 18 January 1948 (age 78)
Milan, Italy
Alma materBocconi University
OccupationBusinessman
Years active1986–present
OrganizationMediobanca
Spouses
  • Letizia Rittatore Vonwiller
Cecilia Pirelli
​
​
(m. 1987, divorced)​
​
​
(m. 2001; div. 2018)​
Children3

Marco Tronchetti Provera (Italian pronunciation: [ˈmarko troŋˈketti proˈvɛːra]; born 18 January 1948) is an Italian businessman. He formerly served as the CEO of the Italian tire manufacturer Pirelli & C. from 1992 to 2022,[1][2] where he continues to serve as executive vice chairman.

Early life and education

Marco Tronchetti Provera was born in Milan in 1948. In 1971, Provera obtained an Economics and Business Administration degree from the Bocconi University of Milan.[3]

Career

Provera joined Pirelli & C. in 1986. In 1987, he married Cecilia Pirelli, the daughter of the company's founder, CEO, and chairman, Leopoldo Pirelli. In 1992, Pirelli chose to step down from his role as CEO following an unsuccessful merger with the German auto parts firm Continental.[4] Pirelli retained his position on the board and appointed Provera, his son-in-law, to succeed him as CEO.[2][5]

In 2001, Provera acquired a controlling stake in Telecom Italia's main holding and became chairman of the company. He would later attempt to sell the company to Mexican telecommunications mogul Carlos Slim.[6]

In 2015, Provera oversaw Pirelli & C.'s $7-billion takeover by ChemChina.[6] Provera successfully negotiated to remain executive vice-chairman and CEO of the tire company following the acquisition.[7] In May 2022, he stepped down as CEO of Pirelli while remaining its Executive Vice-Chairman.[1]

Provera currently serves as the chairman of the holding company Marco Tronchetti and Provera & C. S.p.A., in which he holds a controlling stake. The firm indirectly holds 50% of Camfin S.p.A., where Provera formerly served as chair until December 2013. Camfin itself indirectly holds 41% of Marco Polo Industrial Holding S.p.A., the investment vehicle established by ChemChina to facilitate its acquisition of Pirelli & C.[8][9]

Other roles

  • Since September 2020: Member of the Italian Aspen Institute.[10]
  • Deputy chairman of the Board of Mediobanca[11]
  • Member of the executive committee of Confindustria[11]
  • Member of the International Advisory Board of insurance company Allianz[5]
  • Member of the Steering Committee of Assonime[12] and of Assolombarda.
  • Honorary co-chairman for the Italian branch of the Council for the United States and Italy
  • Member of the Italian Group of the Trilateral Commission.
  • December 1996 - September 2005: Chairman of Il Sole 24 Ore[13]
  • October 2001 - September 2005: Board member of Milan's La Scala opera house[14]
  • September 2001 - September 2006: Chairman of Telecom Italia S.p.A[6]

Personal life

Provera has been married three times. His first wife was journalist Letizia Rittatore Vonwiller.[15] He married Cecilia Pirelli in 1987, with whom he had three children.[15] In December 2001, he married Afef Jnifen,[16] which lasted until they announced their divorce in 2018.[15]

References

Wikimedia Commons has media related to Marco Tronchetti Provera.
  1. ^ a b "Pirelli's shareholders indicate Bruno as new CEO, extend pact". Reuters. 2022-05-16. Retrieved 2022-10-30.
  2. ^ a b Borrelli, Silvia Sciorilli (2023-06-09). "The Pirelli boss taking on China's Communist party". Financial Times. Retrieved 2023-06-11.
  3. ^ "Marco Tronchetti Provera profile". Retrieved 11 September 2014.
  4. ^ "PIRELLI STEPS DOWN AFTER MERGER FAILURE". Australian Financial Review. 1992-02-19. Retrieved 2025-06-02.
  5. ^ a b "Marco Tronchetti Provera background". Retrieved 11 September 2014.{{cite web}}: CS1 maint: deprecated archival service (link)
  6. ^ a b c Sanderson, Rachel (2015-03-27). "Pirelli boss Tronchetti Provera displays savvy dealmaking skills". Financial Times. Retrieved 2022-10-30.
  7. ^ Sanderson, Rachel (2019-02-10). "Pirelli's Tronchetti Provera: a contrarian view on dealmaking". Financial Times. Retrieved 2022-10-30.
  8. ^ "REFILE-Marco Polo Industrial Holding buys Pirelli shares from Paulson". Reuters. 2015-09-29. Retrieved 2025-06-02.
  9. ^ "PIRELLI - Marco Tronchetti Provera". www.pirelli.com. Retrieved 2016-01-23.
  10. ^ executive Committee Archived 2010-10-09 at the Wayback Machine, aspeninstitute.it/
  11. ^ a b "Mediobanca Corporate Governance". Archived from the original on 6 October 2014. Retrieved 19 September 2014.
  12. ^ "Assonime Executive Committee". Retrieved 19 September 2014.{{cite web}}: CS1 maint: deprecated archival service (link)
  13. ^ "Gruppo 24 Ore history". Archived from the original on 11 September 2014. Retrieved 11 September 2014.
  14. ^ https://www.theguardian.com/world/2005/oct/04/arts.italy
  15. ^ a b c Saltalamacchia, Stefania (2018-11-09). "Marco Tronchetti Provera e Afef Jnifen, è divorzio". Vanity Fair Italia (in Italian). Retrieved 2022-10-30.
  16. ^ "Afef Jnifen, une Success Story à la tunisienne – WEPOST". www.wepostmag.com. Archived from the original on 2017-11-27.


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