Francesco Nalini


Francesco Nalini is CEO of Carel Industries S.p.A., an industrial company designing and manufacturing electronic and software control solutions for increasing the energy efficiency and performance of air conditioning and refrigeration equipment. He joined Carel in 2002, after working in finance and management consulting, and became General Manager of the Group in 2005. Through his tenure Carel increased organically turnover and EBITDA more than threefold, reaching 255 million euros turnover and 51 million euros EBITDA in 2017. He also led the company to a successful IPO on the STAR segment of Borsa Italiana in June 2018. He sits on the Board of Directors of the University of Padova, that with approximately 60’000 students is one of the biggest in Italy and consistently the highest ranked among large Italian universities with respect to the excellence of research.