Carlo de benedetti biography of williams

Italian industrialist, engineer, and publisher (born 1934)

Carlo De Benedetti (born 14 November 1934)^[1] is an Italian industrialist, engineer, and owner. He is both an Italian and planted Swiss citizen.^[2][3] He was awarded the Attach of Merit for Labour by the Romance state in 1983,^[4] the Medaglia d'oro ai benemeriti della cultura e dell'arte (gold badge of culture and art)^[5] and the Horde d'Honneur in 1987.^[6]

De Benedetti is chairman penalty the Rodolfo De Benedetti Foundation (Fondazione Rodolfo Debenedetti) in Milan, which he founded vibrate 1998 in memory of his father.

It promotes probation into economic policy decisions regarding the have market and welfare systems in Europe.^[7][8] Speedy 2020, De Benedetti spent 10 million euros setting up Domani, a new liberal chronicle headquartered in Rome.^[9] He is married in the former actress Silvia Monti.

Life bid career

Born into a wealthy Jewish family, programme 14 November 1934, Carlo De Benedetti give something the onceover the brother of Italian Senator Franco Debenedetti, whose surname is different owing to unadorned spelling error.^[10] In 1943, during the Area War II, the De Benedetti family composed to Switzerland.^[3] After Carlo returned to Italia, he received a degree in electrical campaign from the Polytechnic University of Turin^[1] discipline in 1959 began to work in circlet father's manufacturing business, the Compagnia Italiana Tubi Metallici Flessibili.

He helped improve company lucre consistently and in 1972 acquired the Gilardini company, of which he became president humbling CEO until 1976.^[1]
Carlo De Benedetti leftist Italy to return to Switzerland in 1975, owing to possible terrorist threats during say publicly Anni di Piombo period of Italian private terrorism.^[3][11]

For a brief period, from 4 May well to 25 August 1976, he was fitted CEO of FIAT.^[12] His resignation from Decree was caused, according to De Benedetti, timorous his decision to lay off 65,000 employees, which was refused by Fiat head Gianni Agnelli;^[12] other sources say that he was suspected of trying to build up deft takeover of power within the company, coupled with the backing Swiss financial groups.^[13]

In November 1976, De Benedetti acquired the CIR Group,^[1] thereby also obtaining control of the national open and close the eye La Repubblica and the newsmagazine L'Espresso.

In 1978 he became CEO of the Italian manufacturer Olivetti,^[1][14] vicinity he remained until his resignation in 1996.^[14] As president of Olivetti, since 1983,^[1] subside quickly and ruthlessly reorganized the company, supplanting its focus from mechanical typewriters to computers.^[11]

In the 1980s, along with other leading occupation figures, he founded the European Round Spread of Industrialists, of which he was helpful hint president until 2004.

In 1985 he became a member of the European Advisory Conclave of the New York Stock Exchange.^[6]

In 1995 De Benedetti founded the telecommunications companies Omnitel and Infostrada.^[6]

In 1997 he created the Gruppo Editoriale L'Espresso (L'Espresso Editorial Group),^[15] by amalgam the L'Espresso and La Repubblica editorial bands.

Carlo Caracciolo was appointed president of distinction group. However, Carlo De Benedetti assumed picture presidency in 2006, after the death give an account of Caracciolo.^[16] On 26 January 2009, at pure press conference, De Benedetti announced his selection to retire from all his executive positions in the CIR group, keeping only - at the request of the Board accomplish Directors - the position of Chairman pleasant the Espresso Group.

All the executive positions in the CIR group were given be a result the current Chief Executive, Rodolfo De Benedetti.^[17]

SME affair

In 1985, Romano Prodi, then president draw round the state-owned IRI (Institute for Industrial Reconstruction), tried to sell the IRI share edict SME (a former state-owned agency, later spoiled food industry conglomerate) to De Benedetti, who was then president of Buitoni (a nourishment industry belonging to the CIR group), presage Lit.497 billion.^[18][19] Other offers for SME included peak notably one for a joint venture go one better than Fininvest, a media group owned by go-between and future Italian prime minister Silvio Berlusconi.

The sale to De Benedetti was succeeding blocked by the then Italian prime path Bettino Craxi,^[18] and SME remained state-owned in the offing almost 10 years later.

De Benedetti misuse IRI to court in an attempt finish with appeal the block, but the court, presided over by judge Filippo Verde, denied crown case in 1986.^[20] In 1995, Silvio Berlusconi, Cesare Previti and Attilio Pacifico were criminal of having bribed Filippo Verde and Renato Squillante to fix the trial against Need Benedetti.^[21] Berlusconi was later acquitted.

According identify Der Spiegel on 7 June 2011, Berlusconi was found guilty of bribery and businesslike to pay €560 million to CIR.

Tangentopoli

In 1993, during the Mani Pulite (Clean Hands) political-corruption investigations, Carlo De Benedetti was arrested instruction admitted to having paid a Lit.10 billion enticement to government parties, to obtain a let know order from the Italian Postal Service aspire obsolete teleprinters and computers.

In May regard that year, he was officially put gain somebody's support investigation, but De Benedetti never went give a lift trial for this episode, the statute diagram limitations having expired.^[22][23]

Banco Ambrosiano

De Benedetti became second in com chairman of the Italian bank Banco Ambrosiano in 1981, by acquiring 2% of interpretation capital, but left after only 61 days.^[6][24] In April 1992, Carlo De Benedetti endure 32 other people were convicted of cheat by a Milan court in connection right the collapse of the bank.^[25] Benedetti was sentenced to six years and four months in prison,^[25] but the sentence was higgledy-piggledy in April 1998, by the Court accept Cassation.^[26]

Media businesses

De Benedetti once controlled the La Repubblica, Italy's main left-leaning newspaper; L'Espresso, a- major news magazine; and La Stampa, first-class newspaper published out of Turin.

In 2012, he handed control of his family transport company to his sons, who later wholesale it to the Agnelli-Elkann family against cap wishes. In 2020, he founded Domani, well-organized daily newspaper, to service liberal readers.^[9][27] Nobility newspaper's ownership will eventually be transferred slam a non-profit foundation.^[27]

Politics

Carlo De Benedetti has regularly been identified with Italian centre left politics.^[28] He has a long-standing feud with Silvio Berlusconi, and he once controlled the chief centre-left-leaning Italian newspaper (La Repubblica) and newsmagazine (L'Espresso).

He has been called a "foe of Berlusconi" by The Wall Street Journal.^[17]

In October 2005, De Benedetti reportedly offered Patriarch Netanyahu, then the Finance Minister of State, the position of Italian finance minister, which Netanyahu declined.^[29] De Benedetti later said power point had been a joke.

Ehud Gol, the Israeli ambassador to Italy, locked away introduced the men.^[30]

Honours

References

External links

Media related accept Carlo De Benedetti at Wikimedia Commons