Management

Massimo Sarmi has been President of FiberCop since November 2020, transitioning to become Chairman of the newly launched FiberCop.

Mr. Sarmi has worked in the telecommunications sector since 1976, holding top positions across many of Italy’s strategic companies.

Mr. Sarmi worked at Telecom Italia from 1986-2000, including as the first General Manager of TIM when the mobile radio division was spun out from Telecom Italia, before later becoming General Manager of Telecom Italia.

Among his other appointments, Mr. Sarmi has also served as Chief Executive Officer and General Manager of Siemens Italia and Chief Executive Officer and General Manager of Poste Italiane Group.

Luigi Ferraris joins FiberCop from Ferrovie dello Stato Italiane, where he was CEO from 2021 to 2024.

He was previously CEO and General Manager of Terna, and before that, Chief Financial Officer at Poste Italiane Group, where he led the company’s privatisation process and listing on the Milan Stock Exchange.

Prior to that, Mr. Ferraris was Chief Financial Officer of Enel Group, and also Chairman of Enel Green Power, overseeing the company’s listing process.

With regard to Enel Group’s other listed companies, Mr. Ferraris was a Board member of the Spanish subsidiary Endesa S.A. and of the Chilean subsidiary Enersis, where he served as Head of the Latin America division.

Mr. Ferraris began his career at PriceWaterhouseCoopers, and later held several managerial positions in major Italian and international companies, such as Agusta, Piaggio VE, Sasib Beverage, Elsag Bailey Process Automation and Elsacom (both subsidiaries of the Finmeccanica Group).