{"id":71883,"date":"2026-04-10T15:03:17","date_gmt":"2026-04-10T15:03:17","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2026\/04\/10\/italian-government-shakes-up-leonardo-leadership-replacing-cingolani-as-ceo\/"},"modified":"2026-08-08T01:34:09","modified_gmt":"2026-08-08T01:34:09","slug":"italian-government-shakes-up-leonardo-leadership-replacing-cingolani-as-ceo","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/global\/europe\/2026\/04\/10\/italian-government-shakes-up-leonardo-leadership-replacing-cingolani-as-ceo\/","title":{"rendered":"Italian government shakes up Leonardo leadership, replacing Cingolani as CEO"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ROME \u2014 Leonardo CEO Roberto Cingolani is to be replaced at the helm of the Italian defense company in a surprise move by the Italian government which sources said was related to his decision to shift Leonardo\u2019s focus away from kinetic products as wars rage around the world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the end of his three year mandate running the Italian state-controlled firm, Cingolani appeared on course for another term after overseeing a slew of new industry team-ups and a <a href=\"https:\/\/www.defensenews.com\/global\/europe\/2026\/03\/12\/italys-leonardo-rides-high-on-soaring-global-defense-spending\/\" target=\"_self\" rel=\"\" title=\"https:\/\/www.defensenews.com\/global\/europe\/2026\/03\/12\/italys-leonardo-rides-high-on-soaring-global-defense-spending\/\">major rise in share value<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But on Thursday the Italian government said its pick for new CEO was Lorenzo Mariani, currently head of the Italian arm of European missile house MBDA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mariani is no stranger to Leonardo. When Cingolani was named CEO three years ago, Mariani was appointed co-general manager, effectively Cingolani\u2019s number two.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A year ago he was moved over to MBDA, a company he had worked at before his arrival at Leonardo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Previously he had also held down various roles at Leonardo including commercial director and head of electronics, making him very much a company man. Before starting his career he served as an officer in the Italian navy.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/defensenews\/global\/europe\/2026\/02\/26\/leonardo-to-set-up-aerostructures-joint-venture-by-mid-year\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-2232791190.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Leonardo to set up aerostructures joint venture by mid-year<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">Saudi Arabia\u2019s sovereign wealth fund has been widely rumored to be the would-be partner in talks to come on board the unit.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">\u201cMariani is a safe choice, a top manager who has been at Leonardo before, knows the industry and military interlocutors,\u201d said Alessandro Marrone, who heads the defense program at Rome think tank IAI.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThere will be no learning curve as defense budgets accelerate,\u201d he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For his part, Cingolani oversaw a four-fold increase in Leonardo\u2019s share price during his three year tenure, as the defense sector flourished thanks to rearmament programs triggered by the Ukraine war.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last month Leonardo predicted it would see annual orders of \u20ac32 billion ($37 billion) a year by 2030, up from \u20ac23.8 billion last year, and announced a bullish new industrial plan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No explanation has been given by the Italian government led by Giorgia Meloni for the change in management, and the decision drew criticism from opposition politician Carlo Calenda.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s absurd to remove Cingolani like this without any explanations in a sensitive sector where he was appreciated by investors and partners. And it\u2019s necessary for the government to clarify whether there are reasons of security or performance,\u201d he posted on X.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leonardo\u2019s share price dropped in early trading on Friday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A trained physicist, Cingolani served as \u201cgreen transition\u201d minister in a former Italian government in 2021 before Meloni picked him to lead Leonardo in 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meloni chose him despite her defense minister Guido Crosetto pushing at the time for the appointment of Mariani as CEO.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cingolani forged new team-ups with Turkey\u2019s Baykar to build drones in Italy and with Rheinmetall to build tanks in Italy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He also stressed the need for Leonardo to increase its focus on cyber security and digitalization and recently launched Leonardo\u2019s new Michelangelo Dome, a multi-layered air defense system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Two Italian experts who declined to be named said Cingolani\u2019s focus on non-kinetic programs convinced the government to opt instead for Mariani, who is more closely linked to nuts and bolts armaments programs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cCingolani was keener on the non-kinetic portfolio at Leonardo, but high-end, large-scale conflicts are the name of the game right now,\u201d said one analyst. \u201cHard core defense is at the top of the agenda for armed forces and companies. You need deep engagement with customers about hard core needs,\u201d he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A second source who was knowledgeable of the government\u2019s decision said, \u201cCingolani put the focus on cyber programs when Mariani was at MBDA guaranteeing accelerated extra production of missiles which were perhaps simpler but more essential at this time,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The source noted that Pierroberto Folgiero, the CEO of another state controlled Italian firm, Fincantieri, had also promised the government a reduction in production times for naval vessels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some sources said Cingolani&#8217;s focus on non-kinetic priorities may have led to the surprise move, with Lorenzo Mariani of MBDA taking over the top 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