“I believe that Coeclerici is exemplary, given the results the company has achieved all over the world. I am speaking, with a clear touch of pride, of one of the few, if not the only private company in Italy that has set itself governance rules that are far more advanced than those of many quoted companies: most of our directors are independent – neither family members nor shareholders – and most of our executive committee comes from outside the family.

…This is what makes independent corporate governance possible, as well as what drives the need to adopt true transparency rules. The quality of basic external relations depends mainly on the quality of your operating methods. In the market, you’re judged by ‘what you do’ through ‘how you do it.’

Ethical aspects aside, the point is that correct conduct becomes an acknowledged value and, day after day, action after action, helps build the company’s credibility.”



Chairman and CEO of Coeclerici

In May 2012 Coeclerici SpA won the Ambrogio Lorenzetti prize for corporate governance, a prestigious acknowledgement conferred on unlisted companies that have distinguished themselves over the previous three years for good company management practices, using a fair and efficient governance structure and activities. Coeclerici was chosen for having strengthened the independent component of its the Board of Directors, and adopted an advanced management control system.