A meeting of the Pirelli & C. SpA Board of Directors was held yesterday to confirm the cooptation of Li Fanrong to the board and his nomination as chairman. He succeeds Ning Gaoning who, as announced on 8 October, has tendered his resignation from the board.
Following his recent retirement as chairman of Sinochem Holdings, on 8 October 2022 Ning Gaoning also stepped down as chairman of the Pirelli & C. S.p.A. Board of Directors. He will likely be succeeded by Li Fanrong, who also took over from Ning as Sinochem Holdings’ chairman.
A significant leadership change has taken place within the company closely linked with Pirelli, Aeolus and Prometeon Tyre Group. During an executive meeting that Sinochem Holdings held this morning for middle and senior management, a representative from the Chinese Communist Party announced that Ning Gaoning is no longer chairman of the company’s board, nor is he secretary of Sinochem’s leading party group. Li Fanrong takes over both positions.
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