As of 1st January 2025, Prysmian Group will implement a revamped organizational structure aimed at fostering greater decision-making efficiency, strengthening the connection between headquarters and regional operations, and better aligning the organization with its commercial and industrial goals. This new structure accompanies Prysmian’s forward-looking growth strategy, designed to maintain its global market leadership while driving innovation.
Simplified Structure Reflecting Strategic Priorities
The new organizational model will streamline the current framework by reducing the number of regions from nine to five. This simplification is intended to improve commercial and industrial effectiveness, enhancing operational capabilities to support the Group’s growth ambitions.
Prysmian emphasizes its commitment to leveraging its internal talent pool, as all key leadership appointments announced under the new structure have been sourced from within the organization.
The newly defined framework introduces key business segments, regions, and operational functions that will report directly to Prysmian CEO, Massimo Battaini.
Business Segments
Prysmian’s core business operations will be divided into the following segments:
- Transmission: Headed by Raul Gil (new appointment).
- Power Grid: Led by Cinzia Farisè.
- Electrification: Under the leadership of Cristiana Scelza.
- Digital Solutions: Managed by Frederick Persson.
Regional Divisions
To further align with Prysmian’s global footprint and customer needs, five regional divisions will be established:
- North America: Led by Andrea Pirondini.
- Europe: Headed by Marcello Del Brenna (new appointment).
- LATAM (Latin America): Directed by Giacomo Sofia (new appointment).
- MEART (Middle East, Africa, Russia, and Turkey): Managed by Erkan Aydogdu.
- APAC (Asia Pacific): Run by Hamavand Shroff.
Operational and Group Functions
Several critical operational and administrative functions will also align with the overarching structure:
- Operations: Led by Javier Arata (new appointment).
- Finance, Administration, Control, and IT: Directed by Pier Francesco Facchini.
- Human Resources and Organisation: Managed by Francesco Tutino.
- Strategy & M&A: Led by Iuri Longhi.
- Sustainability, Investor Relations, and Communication: Overseen by Maria Cristina Bifulco.
- Risk Management and Compliance: Directed by Alessandro Nespoli.
- Corporate Affairs: Managed by Jacopo Zirulia.
- Innovation and Research & Development: Supervised by Srinivas Siripurapu.
Additionally, the Internal Audit department, led by Paola Pulidori, will report directly to the Board of Directors.
CEO Statement on the New Organizational Structure
Prysmian CEO Massimo Battaini commented on the announcement, stating:
“This new organization will help us simplify how we work to ensure that we are even closer to customers and better reflect our geographical presence to support the delivery of our strategy. We are focused on fueling growth and, at the same time, continuously innovating to maintain and enhance our global leadership position. We are committed to developing our talents in each region by protecting and strengthening our know-how. Thanks to a consistent customer focus, we aim to offer the best service while creating value for all stakeholders.”
He added, “I am also extremely proud that the appointments announced today underline the strong managerial talent inside our Group.”
Conclusion
The streamlined organizational structure at Prysmian signifies a pivotal step toward achieving greater operational efficiency, innovation, and a sharper focus on customer-centricity. By strategically aligning its regional and business operations, Prysmian positions itself to capture new opportunities and create long-term value for stakeholders.
The shift reflects Prysmian’s unwavering commitment to growth, innovation, and leadership in the global market.
