The board of directors of Italian outfit Saipem have today approved a new organisational structure for the company.
Saipem said the new structure has been designed to “reinforce the execution capabilities for the company projects and to complete the on-going strategic review aimed at strengthening the capital and financial structure of the group”.
The new organisation will set-up of a new general manager function with broad operative and managerial responsibilities, with Alessandro Puliti assigned to the role.
Puliti is currently general manager of the natural resources division at Eni, and will start in his new role on the 7 February.
The new organisation will also see the creation of a specific unit focused on reinforcing the activity of financial planning and control of the projects and of the other company’s operations.
Paolo Calcagnini will head this unit, reporting to the new general manager.
He is currently deputy general manager and chief business officer of CDP.
Saipem said it will also consolidate the legal and contract management responsibilities in a corporate department within the new general manager office.
The company added that it will present to the financial community the outcome of the strategic review on the day of the approval of the company preliminary consolidated results for 2021.
Earlier this week, Saipem said it had withdrawn its outlook for the year and revised its order backlog due to “significant deterioration” in margins, including in offshore wind.