15 Facts About Francesco Caio

Francesco Caio was born on August 23,1957 and is an Italian businessman and the Chief Executive Officer of Saipem since May 2021.

Francesco Caio serves on the Board of Directors of BNL - BNP as non executive director and chairman of the remuneration committee.

Francesco Caio was born in Naples on August 23,1957.

Francesco Caio has a wide international experience as Chief Executive of listed and private multinational corporations operating in High Tech, Finance and Service sectors.

Francesco Caio graduated with distinction in Electronic Engineering from the Polytechnic University of Milan in 1980, before earning two postgraduate degrees: one in Computer Science from the Polytechnic University of Milan and one in Business Administration from INSEAD.

Francesco Caio's career started working as Telecommunication Systems Product Manager for Olivetti and as Business Planner for Sarin.

In September 1996, Merloni's owner Vittorio Merloni called Francesco Caio to take the position of CEO and Managing Director of the company, aiming at improving financial performance and brand's presence in international markets.

Francesco Caio became the first Merloni's Managing Director arrived from another company.

In 2003, Francesco Caio was appointed Chief Executive of Cable and Wireless Communications PLC until his abrupt departure in 2006 following a period of disappointing performance by the company.

In March 2011, Francesco Caio became a member of the Board of Directors of Avio, and on May 2 he took over as Chief Executive Officer of the group.

In October 2015, Francesco Caio led Poste Italiane to the IPO.

Francesco Caio has been a member of the boards of directors of multinational groups including Equant, Motorola in the United States, Invensys in the UK and member of the advisory board of Polytechnic University of Milan.

Francesco Caio has been an industrial policy consultant to the UK and Italian governments in the area of broadband network infrastructure development.

In 2018 Francesco Caio became Chairman of Saipem, an oil and gas services company.

On 29 June 2020, Italian Prime Minister Giuseppe Conte announced that Francesco Caio was named Chairman and Fabio Lazzerini was named CEO of the new Alitalia airline.