Italy's state-controlled Eni SpA (E, ENI.MI) said late Wednesday
its chief financial officer, Alessandro Bernini, has resigned from
his post following news that Eni's energy engineering services
provider, Saipem (SPM.MI), was the subject of a corruption
investigation.
Bernini, who was said to have resigned in the company's
interests, had been CFO at Saipem until 2008.
The company said in a press release that Massimo Mondazzi,
currently executive vice president for Central Asia, Far East and
Pacific Region of Eni Exploration and Production Division, will
replace Bernini as Eni's CFO.
Milan prosecutors are investigating Saipem's operations in
Algeria.
Earlier Wednesday, Saipem Chief Executive Pietro Franco Tali
offered to resign, even though he isn't linked to the judicial
probe, while Saipem suspended Pietro Varone, the company's chief
operating officer of its engineering and construction business
unit, as he emerged as a possible suspect in the corruption
probe.
Exchange Web site: www.borsaitaliana.it
Write to Enza Tedesco at enza.tedesco@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires