PR98536

MILAN,Italy October, 28, 2022 /PRNewswire=KYODO JBN/--

Today the Board of Directors of CESI (Centro Elettrotecnico Sperimentale

Italiano, Italian Experimental Electrotechnical Center) SpA, chaired by Guido

Bortoni, appointed Domenico Villani as the new CEO of the company. Villani

takes over from Matteo Codazzi, who leaves the company to pursue new

professional opportunities.

Domenico Villani, who joined CESI in 2006, has so far held the roles of

Executive Vice President of the Testing, Inspection and Certification Division

and Chief Executive Officer of IPH GmbH and FGH E&T GmbH - the two German

companies of the Group - of KEMA BV Arnhem, in Holland, and of ZKU, in Prague.

Villani is also a member of the Board of Directors of CESI USA, as well as Vice

President of CIGRE Italia and Advisor of the Italian Electrotechnical Committee

(CEI) and of the Circular Evolution Association. Previously, he worked at

Siemens, VATech and Schneider Electric.

"I wish to thank the shareholders for the trust they have placed in me. After

many years, it was decided to directly select a CESI manager for this role;

this is an important signal of consideration for the capabilities of CESI, a

solid company with interesting development prospects. The energy sector is

changing rapidly and is offering us several opportunities. The skills and

dedication of our people put us in the best conditions to achieve these goals",

commented the new CEO.

Matteo Codazzi wished to extend his appreciation to the shareholders and his

colleagues in CESI: "My thanks go to the shareholders and the Board of

Directors who in recent years, with their trust, gave me the opportunity to

carry out my assignment in the best possible way. A special thought goes to all

my colleagues: working with all of them has been a real privilege for me.

Indeed, it is first and foremost due to their commitment that CESI has proudly

transformed itself from a center of technological excellence into an actual

multinational service provider supporting the energy transition, with offices

and laboratories all over the world".

Finally, with regard to 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 devoted to CESI. I am also

pleased that the shareholders voted for the appointment of Domenico, a manager

with much experience of the company, since he comes from CESI's interna

corporis (from within CESI). I am confident that he will be able to lead the

company as a whole, and also value the Consulting Division, "sister" of the

Testing Division where he carried out his professional work. As of now, I

assure my convinced support to the new CEO, to whom I extend my personal best

wishes, as well as those of all the Board".

For over sixty years, CESI (Centro Elettrotecnico Sperimentale Italiano) has

been offering its customers, located in more than 70 countries around the

world, services in the field of innovation, digitization, testing and

engineering, as well as consultancy in the electric power sector and in civil

and environmental engineering. In particular, through its KEMA Labs Division,

the Group is world leader in the independent activities of testing, inspection

and certification of components and systems for the electric power and digital

sector. Finally, CESI is among the few companies in the world which develop and

produce advanced solar cells for space applications.

The company's key 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 in close cooperation with

international financial institutions, such as World Bank, European Bank for

Reconstruction and Development, Inter-American Bank, Asian Development Bank and

Arab Fund.

CESI has offices in Milan, Arnhem (NL), Berlin and Mannheim (GE), Chalfont and

Knoxville (USA), Prague, Dubai, Rio de Janeiro, Shanghai (China), Santiago de

Chile.

www.cesi.it

Logo - https://mma.prnewswire.com/media/1932443/CESI_Logo.jpg

Photo - https://mma.prnewswire.com/media/1932502/Domenico_Villani.jpg

Source: CESI