Marco Patuano


Marco Patuano is an Italian economist, manager and CEO of Telecom Italia since April 2011.

Biography

Education

Patuano studied Corporate Finance and graduated at Bocconi University, in Milan, Italy, in 1990s.

Career

Marco Patuano started his career in SIP, the former name of Telecom Italia in 1990
working in the financial branch of the company.
He helped to create the branch Telecom Italia Mobile in 1996. Marco Patuano's was nominated TIM Brasil CFO and Telecom Italia America Latina S.A. CFO, they are both Telecom Italia subsidiaries. He was nominated Telecom Italia CFO in 2008. He joined the council of Confindustria since May 2013.
On 14 April 2017 he became a director of A.C. Milan.

Critics

In 2014 the company that he manages since 2011, Telecom Italia, has a consolidated net profit of 1 billion euros, an adjusted net financial debt of 26 billion euros, revenues for 21 billion euros and the EBIT amounted to 4 billion euros.