Leonardo Leonardo: the NEW Board of Directors Appoints Lorenzo Mariani AS Chief Executive Officer and General Manager, Gian Piero Cutillo AS Co-General Manager, and Confers Certain Powers on Chairman Francesco Macrì.: directors' dealings · Italy · Consob

About Leonardo Leonardo: the NEW Board of Directors Appoints Lorenzo Mariani AS Chief Executive Officer and General Manager, Gian Piero Cutillo AS Co-General Manager, and Confers Certain Powers on Chairman Francesco Macrì.

Leonardo is a leading Italian industrial group listed on Borsa Italiana (FTSE MIB) in Italy, focused on aerospace, defence and security. The company positions itself as a technology partner to governments, defence agencies, institutions and enterprises, with capabilities spanning air, land, sea, space and cyber domains. Its registered office and headquarters are in Rome, Piazza Monte Grappa, reflecting its deep roots in Italy’s strategic industrial base. ([leonardo.com](https://www.leonardo.com/en/about/profile?utm_source=openai)) The group’s origins date back to 1948, when IRI founded Finmeccanica to consolidate strategic industrial assets in post-war Italy. Leonardo’s transformation into the current one-company structure improved portfolio clarity and operational integration. This heritage helps explain the company’s distinctive role in Italy’s industrial landscape, sitting at the intersection of national sovereignty, technological innovation and long-duration public programmes. ([leonardo.com](https://www.leonardo.com/en/about/history/1948-1959?utm_source=openai)) Leonardo’s business model is built around several core divisions: helicopters, aeronautics, aerostructures, defence and security electronics, cybersecurity, command-and-control and surveillance systems, and space-related solutions. The group designs and manufactures radars, electro-optical systems, mission equipment, secure communications solutions, electronic warfare capabilities and major structural components for civil and military aircraft. It also has meaningful service, in-service support and training activities, which add recurring revenue and deepen customer relationships. ([leonardo.com](https://www.leonardo.com/en/about/profile?utm_source=openai)) From a competitive standpoint, Leonardo is one of Europe’s reference players in defence and aerospace, with a strong domestic base in Italy and broad international reach. Its industrial footprint supports participation in major multinational programmes and allows it to serve both public and private customers across multiple geographies. This international diversification is important for an investor audience, as it helps balance demand across markets and end-use segments. ([leonardo.com](https://www.leonardo.com/en/about/profile?utm_source=openai)) Recent corporate developments are also relevant. In March 2026, Leonardo announced FY2025 results and 2026 guidance, while highlighting the impact of the disposal of the Underwater Armaments & Systems business on comparability. In May 2026, the newly appointed board named Lorenzo Mariani as Chief Executive Officer and General Manager, Gian Piero Cutillo as Co-General Manager, and assigned specific powers to Chairman Francesco Macrì, indicating a fresh governance setup and a new organisational phase. For investors, Leonardo remains a strategically important industrial name, exposed to defence budget cycles but supported by structural themes such as European rearmament, fleet modernisation, cybersecurity and the digitisation of critical systems. ([leonardo.com](https://www.leonardo.com/en/press-release-detail/-/detail/12-03-2026-leonardo-board-of-directors-approves-fy2025-results-and-2026-guidance%3Ff%3D%252Fcareers%252Fstudents-and-graduates?utm_source=openai))