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Prometeon's 2020 earnings off slightly on 15% lower sales


Prometeon s 2020 earnings off slightly on 15% lower sales
Prometeon s 2020 earnings off slightly on 15% lower sales
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MILAN, Italy Prometeon Tyre Group S.r.l (PTG), the former Pirelli commercial tire business, reported a slight drop in pre-tax operating income in fiscal 2020 on 15.2% lower sales.
Operating income (EBITDA) fell to $140.8 million on sales of $1.04 billion. As a result, the operating margin rose nearly a point and a half to 13.6%, the company said.
Net earnings fell 65.4% to $3.07 million.
Prometeon attributed much of the sales decline to an exchange rate effect in Latin America.
Prometeon Tyre CEO Giorgio Bruno noted the 2020 performance marks the completion of a turnaround process launched three years ago. During that time, the firm implemented several strategic initiatives that have made Prometeon healthier, stronger and more resilient in an unprecedented scenario. ....

United States , Prometeon Tyre , Giorgio Bruno , Angelos Papadimitriou , Gregorio Borgo , China National Tire Rubber Co , Prometeon Tyre Group , Prometeon To Aeolus Tyre Co , China National Tire , Aeolus Tyre , ஒன்றுபட்டது மாநிலங்களில் , ஜார்ஜியோ புருனோ , ஏஞ்சலோஸ் பாப்பதிமீற்றிிொ , சீனா தேசிய சக்கரம் ரப்பர் இணை , சீனா தேசிய சக்கரம் ,

More businesses are trying co-CEO leadership models


Ivy Liu
by MaryLou Costa
The past year has brought forward a concept usually swept under the rug: CEO burnout. 
Running a business during a pandemic and addressing the additional needs of remote workforces have taken their toll on C-suite executives. A total 53% admitted they have struggled with their own mental health over the past year, according to Oracle research.
Several have begun to speak openly about the impact of these pressures on their mental health. CEOs such as Alex Depledge from U.K. architectural startup Resi, Janice Kaffer of Canadian care centre Hôtel-Dieu Grace Healthcare and Matthew Cooper of U.S. fintech EarnUp have been publicly sharing their mental health challenges.  ....

Alex Depledge , Sophie Smallwood , Marie Josee Forissier , Dave Smallwood , Steve Hyde , Janice Kaffer , Matthew Cooper , Charlie Crowe , Angelos Papadimitriou , Ceos Alec Gerster , Dieu Grace Healthcare , Jungle Creations , Octopus Ventures , Alec Gerster , சோஃபி ஸ்மால்வுட் , டேவ் ஸ்மால்வுட் , ஸ்டீவ் ஹைட் , ஜானிஸ் காஃபர் , மேத்யூ கூப்பர் , சார்லி காகம் , ஏஞ்சலோஸ் பாப்பதிமீற்றிிொ , ட்யூ கருணை சுகாதாரம் , காட்டில் படைப்புகள் , ஆக்டோபஸ் முயற்சிகள் ,

PIRELLI: BOD APPROVES THE TERMS FOR THE TERMINATION OF THE CONTRACT OF EMPLOYMENT WITH ANGELOS PAPADIMITRIOU


PIRELLI: BOD APPROVES THE TERMS FOR THE TERMINATION OF THE CONTRACT OF EMPLOYMENT WITH ANGELOS PAPADIMITRIOU
20126 Milan, Italy
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art. 13 Legislative Decree 30 June 2003 n. 196
Privacy is a value which Pirelli & C S.p.A., with legal offices at Viale Piero e Alberto Pirelli 25, 20126 Milan (the ”Controller” of your personal data, hereinafter referred to as Pirelli ) recognizes and respects.
Prior to providing your personal data as required by the registration form, along with your video shot for the initiative, reproducing your image (hereinafter referred to as “Material”), please read the following privacy notice about the use of your personal data, in compliance with art. 13 D.Lgs 30th June 2003, n. 196. ....

Angelos Papadimitriou , Strategies Committee , Pirelli Group Remuneration , Party Transactions Committee , Remuneration Committee , General Manager , Pirelli Group Remuneration Policy , Statutory Auditors , Related Party Transactions Committee , Remuneration Policy , ஏஞ்சலோஸ் பாப்பதிமீற்றிிொ , உத்திகள் குழு , கட்சி பரிவர்த்தனைகள் குழு , ஜநரல் மேலாளர் , சட்டரீதியான தணிக்கையாளர்கள் , தொடர்புடையது கட்சி பரிவர்த்தனைகள் குழு ,

PIRELLI: SHAREHOLDERS' MEETING CALLED FOR 24 MARCH 2021


PIRELLI: SHAREHOLDERS’ MEETING CALLED FOR 24 MARCH 2021
PARTICIPATION OF SHAREHOLDERS WILL BE THROUGH THE APPOINTED REPRESENTATIVE
Cooling tower in Milan headquarters building
Cooling Tower in Milan Headquarters building
Milan, 19 February 2021 – Pirelli & C. S.p.A. announces that today it called – in ordinary and extraordinary session – a Shareholders’ Meeting in Milan, Via Agnello 18, at the offices of Studio Notarile Marchetti, at 3:00 p.m. on Wednesday 24 March 2021 in sole call.
The Shareholders’ Meeting shall call to resolve upon:
in ordinary session, the confirmation in the role of board member of Mr. Angelos Papadimitriou, already coopted by the Board of Directors on 5 August 2020;
in extraordinary session, the increase of the share capital with the exclusion of the shareholders’ option rights pursuant to article 2441, paragraph 5, of the Italian Civil Code, to be exclusively reserved for the conversion of the equity-linked bond de ....

Notarile Marchetti , Borsa Italiana , Angelos Papadimitriou , Shareholder Meeting , Via Agnello , Studio Notarile Marchetti , Italian Civil Code , Senior Unsecured Guaranteed Equity Linked Bonds , Director Reports , Viale Piero , Alberto Pirelli , Market Storage , Price Sensitive , போர்சா இத்தாலியன் , ஏஞ்சலோஸ் பாப்பதிமீற்றிிொ , பங்குதாரர் சந்தித்தல் , இத்தாலிய சிவில் குறியீடு , மூத்தவர் பாதுகாப்பற்றது உத்தரவாதம் பங்கு இணைக்கப்பட்டுள்ளது பத்திரங்கள் , இயக்குனர் அறிக்கைகள் , ஆல்பர்டோ பைரெல்லி , சந்தை சேமிப்பு , ப்ரைஸ் உணர்திறன் ,