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Vittorio Mincato

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Definition of 'Vittorio Mincato'

A former CEO of Italian oil and gas company, Eni. He achieved the position of CEO in 1998 and held it until 2005, when Paolo Scaroni took over. Eni has a presence in 77 countries, and its activities include oil and gas exploration, production, transportation, transformation and marketing, in petrochemicals, oilfield services construction and engineering.
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Investopedia explains 'Vittorio Mincato'

Mincato joined the company shortly after it had faced corruption scandals, downsizing and several conflicts with the Italian government - which owned about a third of the company. He helped move the company forward, leading Eni to its first acquisitions of foreign companies (Britain-based Borneo and Lasmo) and helping it to become the one of the world's largest oil corporations.

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