Marco Alverà has been the Chief Executive Officer of Snam, a European leader in the construction and integrated management of natural gas infrastructure, since April 2016. He also serves as Managing Director of Snam Rete Gas and as ad interim Chief Industrial Assets Officer of Snam. Previously, from January to April 2016, he served as Chief Operating Officer of Snam. From April 2016 to April 2017 he was Chairman of the Board of Snam Rete Gas, a Snam subsidiary. With a degree in Philosophy and Economics from the London School of Economics, Mr. Alverà began his career in London working in Private Equity and M&A. In 2000 he founded Netesi, Italy’s first broadband ADSL company. Since then, he has worked in the Energy and Gas industries in various senior roles for Enel, Wind Telecom, Eni, GasNaturally, and EUROGAS. He currently serves as a board member for S&P Global and is a member of the General Council of the Giorgio Cini Foundation in Venice.
Snam operates and develops Europe’s largest, most accessible pipeline network, the largest storage infrastructure, and one of the first LNG terminals built in Europe. The company has an enterprise value of €25 billion, a market capitalization of €14.7 billion and a net profit of €861 million in 2016. The enterprise is active in natural gas transportation, storage, and regasification. It also operates, through associated companies, in Austria (TAG and Gas Connect Austria, GCA), France (TIGF), and the United Kingdom (Interconnector UK), and is one of the leading shareholders of the TAP pipeline. At the European level, Snam fully supports the creation of the Internal Energy Market and strongly promotes the integration of the European networks through strategic partnerships with other EU players. Snam investments aim at facilitating the European Energy Union integration and promoting natural gas as a long-term key pillar of a sustainable energy mix. Over the 2017-2021 period Snam will invest 5 billion Euro for further developing the interconnection of gas networks within the European infrastructure system, and in new projects as TAP, thus enhancing the security, flexibility, and liquidity of the overall gas system.