Marco Tierno

Head of Group Treasury & S/T Financial Planning

Alitalia Compagnia Aerea Italiana, Italy

Industry:
Airline transportation
Annual turnover:
€3.2bn (FY 2010)
Treasury staff:
8
Treasury structure:
Centralised
TMS:
Yes
Cross-border pooling:
Yes
Cash rich or debt:
Debt

Speaker profile

Marco is responsible for cash management, credit card management, financial planning & reporting and short term operations. From late 2005 until the end of 2008, Marco was employed by Alitalia Linee Aeree Italiane (the “old” Alitalia”) where he developed a new centralized treasury, a new financial planning model and a new organisation structure. Prior to that, Marco was a treasury analyst at Eni Group (1997-1999) and worked for over 8 years in several management firms such as KPMG, Accenture and BGP. Here he strengthened his skills in finance, organization and IT management.

Corporate profile

Alitalia - Compagnia Aerea Italiana is Italy’s leading and completely private airline, employing over 14,000 people and serving 23 million passengers across a network of 79 destinations, 26 in Italy and 53 in the rest of the world. We are member of the SkyTeam alliance which offers more than 12,500 flights a day to 898 destinations in 169 countries.