Descalzi Nominated for Record Fifth Term as Eni CEO

Italy's Treasury has proposed Claudio Descalzi for a fifth term as CEO of Eni. He remains the longest-serving leader among major Western energy companies.

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The Treasury of Italy has officially proposed the reappointment of Claudio Descalzi for a record fifth term as the Chief Executive Officer of the state-controlled energy giant ENI SPA. This decision, announced late Thursday, solidifies Descalzi’s position as the longest-serving CEO among Western-listed oil majors. His new mandate is expected to be formalized following a shareholders' meeting in May, where the Italian government holds a controlling influence.

Eni CEO Claudio Descalzi addresses the 2026 CERAWeek energy conference held in Houston, Texas, on March 24, 2026. REUTERS/Danielle Villasana
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