Marco Capello, aged 57, joined the Board on 18 June 2010. He is the founder and managing partner of BlueGem Capital Partners LLP. From 2002 to 2006 he was a managing director of Merrill Lynch Global Private Equity. Previously he worked for over 18 years at First Boston, Wasserstein Perella and,since 1994 at Merrill Lynch. During his career in investment banking he worked primarily in mergers and acquisitions both in New York and London. Mr Capello holds an MBA frm Columbia University in New York. He graduated in Civil Engineering from the Politecnico di Torino. He is a board member of Olicar S.p.A, The Private Clinic Limited, Fintyre S.p.A, Neomobile S.p.A., Liberty Ltd and Ufi Filters S.p.A. He is a member of the Remuneration Committee and the Nominations Committee.