Thursday, March 13, 2008

Emma Marcegaglia - Italy's First Woman 'Boss of Bosses' of Confindustria

 

The ANNOTICO Report

 

Emma Marcegaglia, 42, who once dreamt of being a ballet dancer but is now known as the “Steel Lady", although known for her polite manner. 

Ms. Marcegaglia, graduated in business studies in Milan and New York, and who with her brother Antonio runs a steel manufacturing business at Mantua founded by her father, Steno, and is Italy's 10th largest industrial group, with  annual revenues of  4,2-billion  with 6,500 employees making products from steel tubes to radiator grilles.

 

Italy's First Woman 'Boss of Bosses' 


Independent Online - Cape Town,South Africa

March 13 2008

 

 

Milan - Emma Marcegaglia was set on Thursday to be named the head of Italy's Confindustria national employers' association, in a major first for her country's male-dominated business elite.

Nicknamed the "Steel Lady" for her tenacity as the managing director of her family's steel company, Marcegaglia, 42, said she was "very moved" by her new job.

She succeeds Fiat chairman Luca Cordero di Montezemolo after having won a 95 percent landslide vote by Italy's captains of industry last month....

Women make up around five percent of the board members of Italy's listed companies and only nine percent of high-level management positions, according to a study by Milan's Bocconi

 

Marcegaglia will unveil her programme on April 23 before formally taking charge of the organisation at its May 21-22 general assembly.

Married with a daughter, Marcegaglia hails from Mantua in northern Italy.

She earned an MBA at New York University and went to work aged 23 for Gruppo Marcegaglia, where she is now in charge of administration and finances alongside her brother Antonio.

The company, which had a turnover of 4,2-billion last year, is Italy's 10th largest industrial group.

Known for her polite manner, Marcegaglia is a familiar face at Confindustria.

She became the first woman to head the federation's Young Businesspeople arm in 1996 and is currently vice president for energy, political, industrial and environmental coordination.

"She is very determined and has a great analytical capacity while knowing how to remain modest and attentive to others," her secretary of 17 years Patrizia Longhini said.

"And she neve r lets up. For her, giving her utmost is essential."

 

 

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