Overview
- Italy’s defense minister, Guido Crosetto, announced the death on X and praised Guarguaglini as an extraordinary manager and friend.
- An electronic engineer by training, he rose through Finmeccanica from the 1970s to become CEO in 2002 and later chairman.
- During his tenure the group strengthened its international footprint with a focus on helicopters, defense electronics, security, and space.
- The company, now known as Leonardo, was later hit by inquiries into alleged international corruption, slush funds, and false invoicing tied to foreign military supplies.
- He stepped down in 2011 with a reported €5.5 million severance, an exit often portrayed as the close of a distinct era in Italy’s state-driven industrial model.