Governance

The main goal of the corporate governance system adopted by the Company is to create value for shareholders, fully aware of the importance of transparency in the company’s decision-making processes and the need for an effective internal control system.

Sisal S.p.A. principles Corporate Governance 

The structure of Sisal S.p.A. reflects the Corporate Governance system adopted by the parent company Sisal Group S.p.A. and is based on the traditional administration and organisational control model pursuant to article 2380-bis, as amended, of the Italian Civil Code, as described below:

  • Shareholders’ Meeting: resolves in ordinary and extraordinary session on matters reserved for it by the law or the company by-laws;
  • Board of Administration: is vested with the broadest powers to administer the company and the authority to take all appropriate action in pursuit of the corporate purpose, excluding that reserved by the law or the company by-laws for the Shareholders’ Meeting;
  • Board of Statutory Auditors: is responsible for overseeing compliance with the law and the by-laws, observance of principles of good management and, specifically, the adequacy and operation in practice of the Company’s organisational, administrative and accounting structure;
  • Independent Auditors: the statutory audit is performed by an independent auditor, pursuant to and for the purposes of the provisions of the Consolidated Finance Act and Legislative Decree no. 39, January 27, 2010, specifically appointed by the Shareholders' Meeting on the proposal of the Board of Statutory Auditors.


The main aim of the corporate governance system is to create value for shareholders, in full awareness of the importance of transparency in corporate decision making processes and the need to provide an effective internal control system.
 

Board of Directors of Sisal S.p.A.

The Company is managed by a Board of Directors made up of 11 members (see below), whose term runs until the approval of the financial statements for the year ending on December 31, 2021.

  • Aurelio Regina, Chairman of the Board of Directors
  • Francesco Durante, CEO
  • Emilio Petrone, Board Director
  • Giampiero Mazza, Board Director
  • Giorgio De Palma, Board Director
  • Andrea Ferrante, Board Director
  • Umberto Delzanno, Board Director
  • Lucia Morselli, Board Director
  • Matteo Cairoli, Board Director
  • Paola Bonomo, Board Director
  • Massimiliano Mascolo, Board Director

The Board of Directors has appointed Francesco Durante as CEO and assigned Board Director Emilio Petrone responsibility for defining corporate strategy, granting him full powers of representation vis-à-vis the Institutions. 

Board Committees: the board committees set out below were established by parent company Sisal Group S.p.A., but their responsibility extends across all subsidiary companies.

Appointments and Remuneration Committee

  • Paola Bonomo, Chairman
  • Giampiero Mazza, committee member
  • Lucia Morselli, committee member


Control & Sustainability Committee

  • Matteo Giuliano Caroli, Chairman
  • Paola Bonomo, committee member
  • Lucia Morselli, committee member


Risk & Compliance Committee

  • Andrea Castellani
  • Francesco Durante
  • Ruggero Dadamo
  • Giovanni Emilio Maggi
  • Roberto Di Fonzo
  • Marco Tiso
  • Marco Caccavale
  • Marco Bedendo
  • Massimo Temperelli
  • Massimo Ingrassia
  • Mario Martinelli


Security Committee

  • Mario Martinelli
  • Francesco Durante
  • Roberto Di Fonzo
  • Ruggero Dadamo
  • Marco Tiso
  • Marco Caccavale
  • Marco Bedendo
  • Massimo Temperelli
  • Massimo Ingrassia
  • Andrea Castellani


Board of Statutory Auditors
The Board of Statutory Auditors is made up of three standing members and two alternate members, as indicated below.

  • Ezio Simonelli, Chairman of the Board of Statutory Auditors
  • Francesco Facchini, Standing Auditor
  • Marco Valsecchi, Standing Auditor
  • Giancarlo Lapecorella, Alternate Auditor
  • Roberto Cassader, Alternate Auditor


Independent Auditors

The statutory auditing of the company’s accounts is at the present time assigned to audit firm PricewaterhouseCoopers S.p.A., until the approval of the 2021 financial statements.

Supervisory Body

The Company has implemented an Organisation, Management and Control Model pursuant to article 6 of Legislative Decree 231/01, with the aim among other things of ensuring fair and transparent business conduct, and is provided with a Supervisory Board.

The Supervisory Board is made up of three members whose term runs until the date of approval of the 2021 financial statements, as indicated below:

 

  • Lawyer Emiliano Nitti, Coordinator
  • Lawyer Daniele Ripamonti, member
  • Prof. Maurizio Comoli, member

Code of Ethics

In managing our operations and business relations, we are inspired by the principles of legality, loyalty, fair play, transparency, efficiency and an open market, and are convinced that corporate social responsibility is of paramount importance.

Corporate documents

The by-laws and procedures that define our group and ensure we comply with laws to prevent and fight market abuse.

Certifications

We have embarked on certification processes in various areas to provide official guarantees of our commitment to our stakeholders and to offering them a comprehensive, safe and quality experience.

Control system

We have introduced an internal control system with rules, procedures and organisational structures that ensure the business is managed in a healthy and fair way, consistently with the goals set.
Company

Company Profile

In 1946, from the dream and the intuition of three sports journalists was born Sisal. The first Italian company to operate in the gaming industry as a Concessionaire of the State.

PRESS RELEASE
Milan, 23 December 2019

Francesco Durante new Sisal SpA CEO

Consequently to the separation of payments and gaming businesses, Francesco Durante has been appointed CEO of Sisal SpA.

 

Investor Relations

Company Strategy

We innovate by tradition and this approach has allowed us to diversify and generate value over time, is the strategic lever through which we want to grasp the new challenges linked to digitisation.