Milan – The Board of Directors of Nexi S.p.A., which met under the
chairmanship of Marcello Sala, has named Bernardo Mingrone as Chief Executive Officer
and General Manager of the Group.
Bernardo Mingrone, Deputy General Manager and CEO of Nexi Payments, succeeds Paolo
Bertoluzzo, who led over the past 10 years the Group’s transformation journey.
Chairman Marcello Sala commented: “Bernardo Mingrone is the most suitable person to
lead Nexi in its next phase of development. He has a deep knowledge of the Group and
brings a proven track record of execution in complex and evolving environments. We are
confident that he will further build on the Group’s solid foundations and strengthen its
positioning as a European leader in digital payments. On behalf of the entire Board of
Directors, I would also like to thank Paolo Bertoluzzo for his contribution to Nexi’s growth
and transformation journey, which has led the Group to become today a strategic
infrastructure for Europe.”
Bernardo Mingrone, newly appointed Group CEO of Nexi, said: “I would like to thank the
Board of Directors and our shareholders for the trust they have placed in me. Nexi plays an
essential role in the payments ecosystem and is built on solid foundations: a unique
European scale, strong cash generation capabilities and significant growth potential, in a
rapidly evolving market. I am honoured to lead the Group in this new phase of its journey
and determined to fully capture its opportunities, alongside our clients and partners across
Europe. I am confident that, thanks to the quality and commitment of our people, we will
continue to strengthen our positioning and create value over time.”
Paolo Bertoluzzo commented: “I am proud of what we have achieved over the past 10
years, transforming Nexi from a small local player into a European leader in digital
payments, with strong Italian roots and a unique positioning and capabilities. Our
continued investments in technology, innovation and people have enabled Nexi to steadily
grow revenues and margins, with an EBITDA increased beyond Euro 1.9 billion, accelerate
cash generation beyond Euro 800 million and begin returning capital to shareholders. I am
pleased that the leadership baton is being passed to Bernardo, who will best interpret this
new phase of the company. I would like to thank the Board of Directors for its constant
support. Above all, I would like to thank Nexi’s people: it is only thanks to their
extraordinary expertise, passion and energy that this successful journey has been, and will
continue to be, possible.”
Following the resignation of Paolo Bertoluzzo, effective today, as Director and General
Manager by reason of reaching an agreement with the Company to this end, the Board of
Directors, subject to the favourable opinion of the Board of Statutory Auditors, has coopted Bernardo Mingrone as a Director of Nexi.
The agreement with Paolo Bertoluzzo, approved today by the Board of Directors in relation
to the termination of his executive employment relationship and offices, in full compliance with the current remuneration policy (including with respect to the malus and claw-back
mechanisms applicable to the variable remuneration), provides for the payment, by the
end of April 2026, of a lump-sum amount equal to 24 months of gross remuneration and
the 2026 MBO bonus calculated on a pro rata temporis basis. The agreement also provides
for the pro rata maintenance of participation in the LTI plans, in accordance with the
relevant plan rules.
Disclaimer: The above press release has been provided by Nexi. CXO Digital Pulse holds no responsibility for its content in any manner.
