Sinochem Ren Jianxin serves as Chairman of Pirelli's Board of Directors

According to the latest news obtained on October 21, 2015, Ren Jianxin, chairman of China National Chemical Corporation , has formally chaired the board of Pirelli tires, and the new Pirelli board of directors also officially debuted.

Ren Jianxin Chairman of China Chemical Industry Group
Ren Jianxin Chairman of China Chemical Industry Group

Marco Tonchetti Provera, former chairman of Pirelli’s board of directors, became the new executive vice chairman of the board of directors and served as CEO of Pirelli tires.

After Sinochem bought most of Pirelli’s Russian shareholders through Marco Polo Industrial Holdings, nearly half of Pirelli’s board members submitted their resignations and their board of directors was almost paralyzed.

Marco Tonchetti Provera Executive Chairman, CEO, Pirelli
Marco Tonchetti Provera Executive Chairman, CEO, Pirelli

Tonchetti Provera stated that he very much welcomes Ren Jianxin to serve as Chairman of Pirelli's board of directors. He believes Sinochem, an international company, will bring new development opportunities and room for growth to Pirelli and jointly create tire industry empire.

For continuing Pirelli, Tonchetti Provera is confident: "We will make very important strategic progress in Asia, especially in China."

It is reported that apart from Ren Jianxin and Marco Tronchetti Provera, the new Pirelli board of directors also includes the following members: Yang Xingqiang (General Manager of China National Chemical Corporation), Bai Yuping (General Manager of China National Chemical Rubber Co., Ltd.), Ze'ev Goldberg (Pirelli Board of Directors) Members), Andrey Kostin (Pirelli's board member), Elisabetta Magistretti (Pirelli's board member), Paolo Pietrogrande (Pirelli's board member), Alberto Pirelli (Pirelli's board member).

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