The New Chairman of Pirelli Is Ning Gaoning

Posted on August 8, 2018

On Aug. 7, 2018, the Pirelli & Cie SpA board of directors, upon the proposal of the Executive Vice Chairman and CEO Marco Tronchetti Provera, proceeded with the election of Ning Gaoning as the new chairman of Pirelli.

Gaoning replaced Ren Jianxin, who resigned on July 30, 2018.

Gaoning -- who declared that he “did not possess the requisites to qualify as independent pursuant to the Finance Consolidation Act and the self-regulatory Code of Conduct” -- was qualified by the board as a non-executive director and has been assigned the legal representation of the company pursuant to Pirelli’s Articles of Association. The board also appointed the new director as a member of the Nominations and Successions Committee.

In July, Gaoning replaced Jianxin as chairman and secretary of the Party Committee of China National Chemical Corp. Ltd. (ChemChina), Pirelli’s largest shareholder. Jianxin was also a director of ChemChina.

Jianxin co-founded Bluestar Co., the forerunner of ChemChina, in 1984. Bluestar was China's first professional cleaning company. In May 2004, ChemChina was established by reorganizing Bluestar “and the enterprises directly under (the) former Ministry of Chemical Industry,” said ChemChina.

Related Topics: Marco Tronchetti Provera, Ning Gaoning, Pirelli, promotions, Ren Jianxin

Comments ( 0 )
More Stories
News Ford’s Wholesale Parts Program Offers New Rewards and Benefits

Ford Motor Co. is adding a new level of rewards to its Ford Professional Service Network (PSN) wholesale parts program for independent repair facilities.

The Earthmax SR 45 M is designed for rigid dump trucks on muddy terrain and loose surfaces.
News BKT Fields Earthmax Range at International Trade Show

Balkrishna Industries Ltd. (BKT) gave Bauma 2019 trade show attendees the first look at its new Earthmax SR46 as well as its range of radial tires for dump trucks, wheel loaders, dozers, graders and some multi-purpose vehicles.

TGI says the Chubby Nubby MT is named for its wide base and aggressive nubs.
News TGI Adds Four Patterns to Cosmo Brand

Miami, Fla.-based wholesaler Tire Group International LLC (TGI) has added four patterns in 36 sizes to its private label Cosmo brand.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!