Vittorio Amedeo Colao (born 3 October 1961) is an Italian manager who served as
Minister for Technological Innovation and Digital Transition in the
government
A government is the system or group of people governing an organized community, generally a State (polity), state.
In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...
of
Prime Minister
A prime minister or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. A prime minister is not the head of state, but r ...
Mario Draghi
Mario Draghi (; born 3 September 1947) is an Italian politician, economist, academic, banker, statesman, and civil servant, who served as the prime minister of Italy from 13 February 2021 to 22 October 2022. Prior to his appointment as prime mi ...
from 2021 to 2022. From 2008 until 2018, he was the chief executive officer at
Vodafone Group.
Early life
The son of an officer in the
Carabinieri
The Carabinieri (, also , ; formally ''Arma dei Carabinieri'', "Arm of Carabineers"; previously ''Corpo dei Carabinieri Reali'', "Royal Carabineers Corps") are the national gendarmerie of Italy who primarily carry out domestic and foreign poli ...
, Colao was born in
Brescia
Brescia (, ; ; or ; ) is a city and (municipality) in the region of Lombardy, in Italy. It is situated at the foot of the Alps, a few kilometers from the lakes Lake Garda, Garda and Lake Iseo, Iseo. With a population of 199,949, it is the se ...
.
He received a business economics degree from
Bocconi University
Bocconi University or Università Bocconi (formally known in Italian language, Italian as ''Università Commerciale Luigi Bocconi'' – Luigi Bocconi Commercial University) is a private university in Milan, Italy. The university is consistently ...
and an MBA from the
Harvard Business School
Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...
.
Career in the private sector
Colao started his career at
investment bank
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
Morgan Stanley
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...
in London.
He joined the
Milan
Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nea ...
office of
McKinsey & Co in 1986, where as a Partner he worked on media, telecommunications and industrial goods sectors and was responsible for office recruitment.
In 1996 Colao joined
Omnitel Pronto Italia, rising to chief operating officer before its take over to become
Vodafone Italy. He became regional CEO, Southern Europe in 2001 and joined the main board in 2002. After missing out on the CEO's job, taken by his friend
Arun Sarin, and having a purchase of a Bulgarian mobile company blocked, he left Vodafone for Italian publishing company
RCS MediaGroup
RCS MediaGroup S.p.A. (formerly Rizzoli Editore and Rizzoli-Corriere della Sera), based in Milan and listed on the Italian Stock Exchange, is an international multimedia publishing group that operates in daily newspapers, magazines and books, ra ...
, where he became CEO in July 2004.
After shareholder criticism of the publishing group's strategy and governance, he resigned from RCS MediaGroup following the company's board meeting in September, rejoining Vodafone in October 2006 as CEO Europe and succeeding
Sir Julian Horn-Smith as deputy CEO.
Commenting to the Italian press in 2007 that he had no interest in taking the CEO's job at
Telecom Italia
TIM S.p.A. (formerly Telecom Italia S.p.A.) is an Italian telecommunications company with headquarters in Rome, Milan, and Naples (with the Telecom Italia Tower), which provides fixed, public and mobile telephony, and DSL data services.
It is ...
, Colao succeeded Vodafone CEO
Arun Sarin on 29 July 2008.
[.] During his time in office, Vodafone sold out of the United States with a $130 billion exit from a joint venture with
Verizon
Verizon Communications Inc. ( ), is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the ...
and bought the German and eastern European cable networks of
Liberty Global for $18 billion (turning Vodafone into Europe's largest broadband provider).
In May 2018, Colao announced that he would step down as Vodafone CEO effective October 2018, and was succeeded by the finance director
Nick Read. In July 2019, he became a special adviser of
General Atlantic.
In 2024 he received a Honorary Doctorate of Laws from the
University of Bath
The University of Bath is a public research university in Bath, England. Bath received its royal charter in 1966 as Bath University of Technology, along with a number of other institutions following the Robbins Report. Like the University ...
.
Political career
In April 2020, Colao was appointed by the Italian government led by
Giuseppe Conte
Giuseppe Conte (; born 8 August 1964) is an Italian jurist, academic, and politician who served as Prime Minister of Italy, prime minister of Italy from June 2018 to February 2021. He has been the president of the Five Star Movement (M5S) sin ...
as the leader of a special task force to handle the 'Phase 2' of the emergency for the
COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
. He submitted a proposed plan in June 2020 that was largely ignored by the government.
In February 2021, he was appointed Minister of Technological Innovation and Digital Transition in Mario Draghi's government.
Other activities
Corporate boards
*
General Atlantic, Senior Advisor (since 2019)
*
Verizon
Verizon Communications Inc. ( ), is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the ...
, Member of the Board of Directors (since 2019)
*
Unilever
Unilever PLC () is a British multinational consumer packaged goods company headquartered in London, England. It was founded on 2 September 1929 following the merger of Dutch margarine producer Margarine Unie with British soap maker Lever B ...
, Non-Executive Member of the Board of Directors (since 2015)
Non-profit organizations
*
Bocconi University
Bocconi University or Università Bocconi (formally known in Italian language, Italian as ''Università Commerciale Luigi Bocconi'' – Luigi Bocconi Commercial University) is a private university in Milan, Italy. The university is consistently ...
, Member of the International Advisory Council
*
European Round Table of Industrialists (ERT), Member
Personal life
Colao has been married since 1992. His wife and two children reside with him in
South Kensington
South Kensington is a district at the West End of Central London in the Royal Borough of Kensington and Chelsea. Historically it settled on part of the scattered Middlesex village of Brompton. Its name was supplanted with the advent of the ra ...
,
Greater London
Greater London is an administrative area in England, coterminous with the London region, containing most of the continuous urban area of London. It contains 33 local government districts: the 32 London boroughs, which form a Ceremonial count ...
.
Colao is a reserve officer in the
Carabinieri
The Carabinieri (, also , ; formally ''Arma dei Carabinieri'', "Arm of Carabineers"; previously ''Corpo dei Carabinieri Reali'', "Royal Carabineers Corps") are the national gendarmerie of Italy who primarily carry out domestic and foreign poli ...
.
References
External links
Bio at Forbes.comBio at Bloomberg.com
{{DEFAULTSORT:Colao, Vittoro Amedeo
1961 births
Draghi Cabinet
Living people
Businesspeople from Brescia
Bocconi University alumni
Harvard Business School alumni
Vodafone people
McKinsey & Company people