Read the Hera case study in a business history class years ago, didn't expect to see his name in an obituary.
Their story
Tomaso Tommasi di Vignano was an Italian business executive best known as the founding executive chairman of Hera Group, the Bologna-based multiutility that he led for more than twenty years, from its creation in November 2002 until the natural end of his last term on 27 April 2023. Before Hera…
Tomaso Tommasi di Vignano was an Italian business executive best known as the founding executive chairman of Hera Group, the Bologna-based multiutility that he led for more than twenty years, from its creation in November 2002 until the natural end of his last term on 27 April 2023. Before Hera he spent more than a quarter of a century in Italian telecommunications, rising from the personnel office of SIP to become chief executive of STET and Telecom Italia during the privatisation of the national phone company. He died in Rome on the night of 9 September 2026, aged 79.
He was born in Brescia, in Lombardy, on 14 July 1947. In a 2021 interview with the University of Padua alumni association he recalled that he left Brescia with his family well before university and moved to Venice, and that with parents as strict as his there was no alternative to doing well at school. He chose to study law at the University of Padua because its law school had an excellent reputation, completed the course in three years and graduated in 1970 at the age of 23. He said he received three job offers in the week after graduating and chose SIP, the state telephone company that was the forerunner of Telecom Italia, asking only for a month's holiday before he started.
He began in SIP's personnel department and spent eight years in Venice before moving to Rome, where he became one of the company's youngest executives. In 1989 he was named personnel director of the SIP group, responsible for a workforce reported at 80,000 to 90,000 people. From December 1992 to May 1994 he was chief executive of Iritel, the state company he was asked to restructure in 18 months ahead of its merger into the new Telecom Italia. From 1994 to 1997 he was a general manager of Telecom Italia, in charge of the international division and the business and residential customer divisions. In 1997, as chief executive of the holding company STET, he completed its merger with Telecom Italia, and he then served as chief executive of Telecom Italia as the group went through full privatisation.
From 1999 to 2002 he was managing director of ACEGAS, the municipal multiutility of Trieste, and steered its privatisation and stock market listing, later serving as its vice president. In November 2002 he took on what he called his most ambitious project: leading Hera, the first Italian example of a merger of municipal utility companies, created from eleven local firms in Emilia-Romagna. Just seven months later, in June 2003, he managed its listing on the Milan stock exchange.
Under his chairmanship Hera grew through more than 50 mergers and acquisitions into one of Italy's leading operators in waste management, water, gas and electricity, expanding beyond Emilia-Romagna into Veneto, Friuli Venezia Giulia, Marche, Tuscany and Abruzzo. By 2023 it served more than 300 municipalities and over 4.2 million people, its workforce had grown from about 4,200 to more than 9,400, and it had invested around 8 billion euros in the territories it served. Hera joined the FTSE MIB index in 2019 and the Dow Jones Sustainability Index in 2020. He also became chairman of the group's subsidiary AcegasApsAmga, which he said let him close a circle by returning to Padua for work.
In April 2023, as he prepared to step down, the city of Bologna awarded him the Turrita d'argento, one of its civic honours, and the city of Ravenna presented him with its city medal. He was married to a woman he met as a student at Padua, when he wandered into a moral philosophy lecture in the faculty next to his own, and they had two children and grandchildren. He lived in Rome, and a newspaper publisher's condolence notice also recalled his human and professional qualities in the equestrian world.
When Hera announced his death on 10 September 2026, the company said his leadership had turned the vision of its public founding shareholders into reality. Emilia-Romagna president Michele de Pascale said Italy had lost one of the best public managers it had ever had, and Bologna mayor Matteo Lepore recalled his seriousness and dedication. His cause of death was not made public.
Biography adapted from ANSA, Il Resto del Carlino, Corriere di Bologna, Alumni Unipd interview (2021), Confservizi Emilia-Romagna, ASFOR, Wikipedia. Wikipedia ↗
In their own words
“If at SIP I acquired method and vision, at Hera I developed courage and determination.”
Interview with the University of Padua alumni association, May 2021 (translated from Italian)
“You could say that wherever there was something to reorganise, I was the right man.”
Interview with the University of Padua alumni association, May 2021 (translated from Italian)
“Life has taught me that every experience, even the most complex and difficult, hides opportunities that are sometimes unimaginable.”
Interview with the University of Padua alumni association, May 2021 (translated from Italian)
“Innovation is fundamental to keeping infrastructure at the cutting edge.”
La Repubblica, March 2022 (translated from Italian)

From social media
6Posts by Tomaso, and posts about them, kept here so they are not lost.