Starace, EGP’s chief executive since its late 2010 initial public offering, and a Recharge Thought Leader, was recently promoted to chief executive of Italian electricity giant Enel, which faces a decidedly cloudier future than its renewables-focused progeny.

Enel owns 68% of EGP, whose shares are listed in Milan and Madrid. Enel itself is minority owned by the Italian government.

The 45-year-old Venturini joined Enel in 1997.