Board of Statutory Auditors
The Board of Statutory Auditors consists of five Statutory Auditors and two Alternates. Two Statutory Auditors are members of the Board of Statutory Auditors: one performs the function of Chairman of the Board and is appointed by the Minister of the Treasury, the other by the Minister of Infrastructure and Transport. The appointment of the remaining three Statutory Auditors and the two Alternate Auditors takes place through the slate voting system, presented by shareholders with holdings of at least 20%.
The Statutory Auditors remain in office for three years, may be re-elected, and lapse on the date of the Shareholders’ Meeting called for the approval of financial statements of the final year in office.
Structure of SEA 2015 Board of Statutory Auditors
| Board of Statutory Auditors | |||
|---|---|---|---|
| Position | Members | In office since | In office until |
| Chairman | Rita Cicchiello | 30/10/2013 | 2015 Financial Statements approval |
| Statutory auditor | Andrea Galli | 24/06/2013 | 2015 Financial Statements approval |
| Statutory auditor | Paolo Giovanelli | 24/06/2013 | 2015 Financial Statements approval |
| Statutory auditor | Antonio Passantino | 24/06/2013 | 2015 Financial Statements approval |
| Statutory auditor | Ezio Maria Simonelli | 24/06/2013 | 2015 Financial Statements approval |
| Statutory auditor | Andrea Cioccarelli | 24/06/2013 | 2015 Financial Statements approval |
| Statutory auditor | Ilaria Moretti | 24/06/2013 | 2015 Financial Statements approval |
(1) Ministerial appointment, replacing auditor Rita Cicchiello.
For 2015, the total amount of remuneration for the Board of Statutory Auditors is 315,000 Euro.