Train market, an Italian at the helm of the giant Hitachi Rail


Born in Brescia, a 58-year-old mechanical engineer with a master’s degree in management, he will be CEO of the Japanese group from 1 April. He succeeds Andrew Barr who remains with the company as vice president. 12,000 employees in 38 countries, 6,000 – half – in Italy

Giuseppe Marino will be the new CEO of Hitachi Rail, the Japanese train giant. The manager leaves the top management of Ansaldo Energia at the end of March.

Giuseppe Marino’s career

Giuseppe Marino, from Brescia, a mechanical engineer with a master’s degree in management, 58 years old, will be CEO of the Japanese group from 1 April.

He succeeds Andrew Barr who remains with the company as vice president.

12,000 employees in 38 countries, 6,000 – half – in Italy.

Hitachi rail, Giuseppe Marino knows it well.

His first mandate dates back to 2015 with the delivery by the Hitachi-Bombardier consortium of the Frecciarossa 1000

then the construction in the factories of Reggio Calabria, Naples and Pistoia of the rock train used by Trenitalia for regional transport.

A market, that of railway transport, which is expected to expand thanks also to the funds provided by the Pnrr to modernize and extend the lines in our country.

“I’m proud to be back in the group at this exciting time,” said Marino.

Its mission, reads a note from Hitachi Rail, will be to lead the business in achieving the social, environmental and economic objectives of Hitachi’s Mid Term Management Plan for 2024.

Marino arrives at the helm of the division at a time when Hitachi’s purchase of Thales’ Ground Transportation Systems business is being finalized for a value of 1 billion and 660 million euros, as announced by the company in recent months. “My commitment will be directed towards satisfying our customers and society, guiding our teams towards pioneering greener and digital solutions and successfully completing the acquisition of Thales Ground Transportation Business”.

Marino leaves Ansaldo after 3 years

Marino leaves Ansaldo Energia where he has held the position of Chief Executive Officer and General Manager since 2019.

In a note from the company – controlled by Cassa depositi e prestiti – we read that the board of directors has acknowledged the resignation.

The commitment to implement the industrial plan remains a priority for the Genoese turbine manufacturer and also active in the renewable and nuclear fields. That 550 million euro recapitalization process – still the subject of discussions – involving creditors and shareholders. A financial maneuver that Marino expects to complete by March 31st.



Source-tg24.sky.it