Vittorio Colao

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Person.png Vittorio Colao   Powerbase Sourcewatch Twitter WebsiteRdf-entity.pngRdf-icon.png
(businessman, banker)
Vittorio Colao.jpg
Born1961-10-03
Brescia, Italy
NationalityItalian
Alma materBocconi University, Harvard University
Children2
Member ofEuropean Round Table of Industrialists
Bilderberger Vodaphone/CEO who was given charge of the Italian COVID Lockdown

Employment.png Vodaphone/CEO

In office
29 July 2008 - October 2018

Vittorio Colao is an Italian businessman. In April 2020, he was appointed by the Italian government led by Giuseppe Conte, as the leader of a special task force to handle "Phase 2" of the emergency for the 2019-20 coronavirus pandemic.

Career

Vittorio Colao started his career at investment bank Morgan Stanley in London. He joined the Milan office of McKinsey & Co in 1986, where as a Partner he worked on media, telecommunications and industrial goods sectors and was responsible for office recruitment.

In 1996 he joined Omnitel Pronto Italia, rising to chief operating officer before its take over to become Vodafone Italy. He became regional CEO, Southern Europe in 2001 and joined the main board in 2002. After missing out on the CEO's job, taken by his friend Arun Sarin, and having a purchase of a Bulgarian mobile company blocked, he left Vodafone for Italian publishing company RCS MediaGroup, where he became CEO in July 2004.

After shareholder criticism of the publishing group's strategy and governance, he resigned from RCS MediaGroup following the company's board meeting in September, rejoining Vodafone in October 2006 as CEO Europe and succeeding Sir Julian Horn-Smith as deputy CEO.

Commenting to the Italian press in 2007 that he had no interest in taking the CEO's job at Telecom Italia, Colao succeeded Vodafone CEO Arun Sarin on 29 July 2008. In 2015, he was appointed as a non-executive director of Unilever. In May 2018, he announced that he would step down as Vodafone CEO effective October 2018, to be succeeded by the finance director Nick Read.

COVID-19

In April 2020, he was appointed by the Italian government led by Giuseppe Conte, as the leader of a special task force to handle "Phase 2" of the coronavirus pandemic.

In a June interview Colao stated that 'we' cannot afford to waste this opportunity. “As unfortunate as it has been, the virus has allowed the country to achieve the same amount of progress for digital adoption in two months as it would have in five years,”... “Social distancing has forced many small businesses in Italy to suddenly go digital.”[1]

He also stated “Italy will have a lot of debt from this crisis,”...“Let us turn that cost as much as possible into an investment, into assets for the future and not just short-term subsidies. We need to invest in infrastructure and make this an investment for future generations, not just a cost for the taxpayer.” How this already spent money should be "an investment", he did not explain.


 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/20187 June 201810 June 2018Italy
Turin
Hotel Torino Lingotto Congress
The 66th Bilderberg Meeting, in Turin, Italy, known for months in advance after an unprecedented leak by the Serbian government.


References

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