Commercial

Leonardo Helos Gets Leader

By James T. McKenna | September 26, 2017

Leonardo Gian Piero Cutillo

Leonardo's Gian Piero Cutillo

Leonardo Helicopters has a new top leader as the company heads to London for Helitech International.

Daniele Romiti is being succeeded as managing director of Leonardo’s Helicopters Division by the parent company’s CFO, Gian Piero Cutillo. The shift is part of a larger reorganization of the Rome-based aerospace and defense company.

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Romiti, who now will report to Leonardo CEO Alessandro Profumo with responsibility for special projects, took the helm of the rotorcraft OEM in 2013 in the wake of an India bribery investigation that saw the arrest of his two predecessors.

Cutillo was appointed CFO of the former Finmeccanica in 2012. He began his career in 1989 as a manufacturing financial planner for Texas Instruments, and his posts since then included SVP of planning and control for Piaggio Group. Leonardo VP Group Finance Alessandra Genco will succeed him as CFO.

In the latest reorganization, the company said, Profumo created the new posts of chief commercial officer (filled by the former managing director of Leonardo’s Land and Naval Defence Electronics Division, Lorenzo Mariani) and chief people, organization and transformation (filled by Simonetta Iarlori, who is to join the company Oct. 2).

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