Veteran Giadrossi joins Cairn Energy board

Nicoletta Giadrossi

Edinburgh-based oil and gas company Cairn Energy said it appointed industry veteran Nicoletta Giadrossi as an independent non-executive director and a member of its remuneration committee.

Cairn chairman Ian Tyler said: “Nicoletta brings a wealth of international senior management and oil and gas industry experience.

“Her appointment will bring additional breadth to our board and provide a different perspective on our business.”

Cairn said the fees payable to Giadrossi in her role as non-executive director are currently £74,900 a year but that “fees payable to Cairn’s non-executive directors are reviewed on an annual basis.”

Giadrossi holds a BA in Mathematics & Economics from Yale University and an MBA from Harvard Business School.

Cairn said she began her career with The Boston Consulting Group before moving to General Electric, where she progressed through a series of management roles in several European divisions before taking on global responsibility for GE’s oil and gas refinery and petrochemicals division, based in Florence.

Giadrossi then spent three years in private equity based in Paris before returning to the oil and gas industry as VP & General Manager, EMEA at Dresser-Rand.

Following the sale of Dresser-Rand to Siemens, she moved to Norway as investment director in holding company Aker Asa, where she was responsible for overseeing the main portfolio company, Aker Solutions, and a member of its board of directors.

Giadrossi subsequently was appointed head of operations at Aker Solutions.

In 2014 she took up the role of President Europe, Africa, Russia & India at Technip, where she had oversight of €3.7 billion revenues, more than 10,000 employees and responsibility for onshore, offshore and subsea activities in the region.

Following Technip’s merger with FMC, Giadrossi has focused on non-executive director roles and she is currently an independent non-executive board member at Fincantieri, Bureau Veritas and Faiveley Transport, as well as on the board of senior advisors for Bain Capital Partners.