Enrico Mattei

Enrico Mattei (1906 to 1962) was an Italian public administrator and businessman who built the state energy giant of Italy, ENI. After the Second World War he was tasked with dismantling Agip, the state petroleum agency of Italy, but instead enlarged and reorganized it into the National Fuel Trust, ENI, serving as its chairman from 1953 until his death. Under Mattei, ENI negotiated oil concessions in the Middle East and a significant trade agreement with the Soviet Union that helped break the hold of the major international oil companies known as the Seven Sisters, and he introduced a profit sharing principle under which resource owning countries received 75 percent of revenues. He also served in the Italian Parliament from 1948 to 1953 as a member of Christian Democracy, representing Milan. Mattei died in a plane crash in 1962; Italians called ENI under his direction a state within the state, and he is remembered as one of the most influential managers of twentieth century Italy. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/