- Approved the increase in the number of Board members from seven to eight
- Marco Foderà, current General Manager, appointed as new Board Member
- Approved the revision of the total compensation for the Board of Directors
- Management powers granted to CEO and General Manager Marco Foderà
- Total compensation amount distributed among Board Members
Sicily By Car (SBC:IM), an Italian company listed on Euronext Growth Milan and one of the leading operators in the short- and medium-term leisure car rental sector (the “Company”), announces that, as part of its corporate governance strengthening process, the Company’s Ordinary Shareholders’ Meeting held today in first call has approved the Board of Directors’ proposal to increase the number of Board members from seven to eight and to appoint the current General Manager, Marco Foderà, as a new Board Member. His term will expire—together with that of the current Board Members—upon approval of the financial statements as of December 31, 2025. The Meeting also approved the maximum total amount for the remuneration of Directors, including those holding special offices.
The Board of Directors of the Company, which convened in full following the Shareholders’ Meeting, granted management powers to CEO and General Manager Marco Foderà—while maintaining the delegations previously granted to other board members—and distributed among its members a total remuneration amount of € 1.396.000.
Tommaso Dragotto, Chairman of the Company, stated:
"I am very pleased with this appointment, which reflects corporate continuity and full confidence in Marco Foderà, who already serves as General Manager of Sicily by Car. This role strengthens the company’s strategic and project execution capabilities, thanks to the know-how the new CEO has acquired over decades in the automotive world, with a specific focus on the rent-a-car sector. This further step in our corporate development clearly demonstrates our commitment to structuring and empowering the company for international success.”
The minutes of the Shareholders’ Meeting will be made available to the public in accordance with applicable regulations and procedures..