People: Fiat SpA (FIA.MI)

Mr. Riccardo Tarantini has served as Chief Operating Officer Systems and Castings of Fiat SpA since September 1, 2011. He is also Member of the Group Executive Council of the Company. He was appointed Managing Director and General Manager of Teksid SpA in February 2003. In August 2006 he was also appointed Chief Executive Officer of Comau SpA. He joined 3M Italia in 1974, as a plant controller. The following year he moved to Delchi SpA (Westinghouse Electric) in charge of Corporate Reporting, later becoming Head of Control and Finance. He joined Teksid in 1979 as Central Controller for the Diversified products grouping, later taking charge of Administration and Control, first of the Tube and Pipe division and then of the Aluminium Foundry division. He worked for Toro for two years (1985-1986) as head of the Management Control Project, and returned to Teksid in 1987 in other management positions. After four years of managerial experience in the United States he was appointed head of the Aluminium Foundries division and then Assistant General Manager of the Metallurgical Products Sector, responsible for New Initiatives and International Development. He has a degree in the Economics of Industrial Companies from the Universita Commerciale Luigi Bocconi of Milan. He has also taken specialization courses in Milan and Fontainebleau.