[born in Milan on November 1, 1940]
 

With a degree in Business Administration from the Luigi Bocconi University, Milan, he is a registered auditor. Since November 2005, he has been Chairman of Terna SpA and since November 2009, he has been Chairman of Terna Rete Italia Srl (formerly TELAT Srl), a subsidiary of Terna SpA. Since April 2007, Mr. Roth has been Independent Director at Pirelli & C. SpA and since April 2009 he has been President of Banca Popolare di Roma (CARIFE Group).
 

Mr. Roth began his career as a business manager with the Pirelli Group, handling activities in Italy and abroad. He then joined Metropolitana Milanese as Director of Planning. Since 1980, he has managed mid-sized companies both in the manufacturing and real estate sectors, in the positions of General Manager and CEO. From 1986 to 1993, he served as CEO at Ernesto Breda SpA; from 1993 to 2001 he was Chairman and CEO of Breda Costruzioni Ferroviarie SpA. From April 1996 to January 1998, he was Chairman of Società Ferrovie Nord Milano SpA of which he was CEO from December 1996 to January 1998.
 

From December 1996 to January 1998 he was Chairman and CEO of Società Ferrovie Nord Milano Esercizio SpA. From May 1998 to December 2000 he was CEO of Ansaldo Trasporti SpA and transmission agent for Finmeccanica SpA. From 2002 to 2006, he was Board Member at the Luigi Bocconi University.
 

From January 2004 to April 2007 he was Deputy Chairman at Cassa Depositi e Prestiti SpA From May 2004 to April 2007 he was Board Member at TELECOM Italia SpA and from 2001 to 2009 he was President of the Fondazione Fiera Milano. From May 2006 to November 2009 he was Deputy Chairman of Terna Participações S.A., a subsidiary of Terna SpA.