​Milan, May 30, 2012 – The Board of Directors of CESI, a company with Enel, Terna, ABB and Prysmian among its largest shareholders, chaired by Salvatore Machì has confirmed Matteo Codazzi as Chief Executive Officer. CESI’s BoD has confirmed the power structure, recognizing to the Chairman Salvatore Machì as well as confirmed to Matteo Codazzi the same managerial and business powers assigned during the previous three years terms. Matteo Codazzi, CESI’s CEO: "With gratitude for the trust granted to me, confirming myself as CEO of Cesi, I wish to renew my commitment to continue on the road taken so far, for the strengthening of CESI. As opposed to three years ago, CESI is evolved into a modern company, better organized, more international, industrially and financially robust. 2011 has been closed with positive free cash and net income equals to 14 million Euro exceeding any previous goal and set-up new records. I am strongly convinced that CESI represents, at international level, an example of Italian best practice in the electricity sector, and in particular in the advanced engineering, consulting, testing and certification services. In 35 Countries worldwide, our customers look at CESI as an integrated source of technology skills, professionals with international experience and advanced testing labs able to address and find proper solutions for future infrastructure’ challenges. My commitment is to work with pride and dedication, along with the entire management team to ensure that CESI win, on domestic and global market, the trust of its customers, helping them to shape a better energy future."