Paolo Scaroni

On 21 July 2018 he became chair (Italian: presidente) of A.C. Milan after the club was taken over by Elliott Management Corporation. He was one of the 8 directors of the club after the takeover by Li Yonghong. In June 2020, Li accused Scaroni of having a conflict of interest in the club's management. Among other issues, Li cited Scaroni's position as deputy chairman of Rothschild Italia (which advised on the acquisition of the club) as well as his prior business relationship with Elliott. Paolo Scaroni has won the Scudetto Serie A 2021–2022 as President of A.C. Milan on 22 May 2022, and was confirmed is his position as Chariman in September 2022 also following the acquisition of Milan AC by US Fund RedBird.

Subsequently in his roles as CEO of ENEL and ENI, he was involved in three judicial investigations (ENEL Porto Tolle, ENI/Saipem Algeria, ENI/Shell Nigeria) but, on those, he was definitively acquainted in 2017, 2020, and 2022 respectively.

In 2004, Scaroni was decorated as Cavaliere del Lavoro. In November 2007 Scaroni was decorated as a member of the Légion d'honneur.

From May 2002 to May 2005 he served as CEO of Enel, Italy's leading electricity company. At Enel, Scaroni made a real breakthrough by abandoning the traditional multi-utility corporate model, supported by his predecessor Franco Tatò, in favour of placing greater focus on the core energy business. Under his mandate, Enel created a separate wind energy unit and, for the first time, Enel was included in the Dow Jones Sustainability Index. In 2005 he was appointed CEO of ENI, the Italian multinational energy company, considered one of the seven world supermajors. In his 9 years at ENI, Scaroni reduced the weight of oil in favour of natural gas, seen as an intermediate transition combustible in the path toward even more sustainable sources. In 2012, Eni was included in the Carbon Performance Leadership Index, which scores companies based on their commitment to transparency and environmental leadership. During Paolo Scaroni's tenure ENI net worth increased from €39 billions to €61 billions. He left his role in 2014.

In his career Paolo Scaroni has been involved in a few judicial proceedings. As part of the massive "Tangentopoli" scandal that brought down Italy's post-war political parties, in 1996, Scaroni was sentenced to one year and four months in prison (below the limit of execution of the sentence), and the offence was finally declared extinct by Milan tribunal in 2001.

In 1969, Scaroni graduated from Bocconi University of Milan in the field of economics. In 1973 he obtained an MBA from Columbia Business School.

In 1969, Scaroni joined Chevron Corporation for three years. After obtaining MBA, Scaroni was an associate at McKinsey & Company. In 1973, he joined Saint-Gobain, where he held different positions, culminating with his appointment as president of flat glass division. In 1985, he was appointed CEO of Techint. In 1996, he moved to the United Kingdom to become chief executive officer of Pilkington.

Paolo Scaroni (born 28 November 1946) is an Italian businessman and banker, currently the chair of A.C. Milan. Between 2002 and 2014 he has been chief executive officer of Italian energy companies Enel and Eni.