Massimo Leonardo

Massimo Leonardo

Partner, Strategy& Italy

Massimo Leonardo is a partner based in Strategy&’s Milan office.

He has extensive experience in the Energy & Utilities and Industrial sectors, having worked with both global and local players across the value chain of electricity, gas, water and waste.

With more than 15 years of strategy consulting experience, he served clients across markets in Europe, Middle East and the US.

Massimo is also active with Italian Associations and Institutions to promote new mobility models for smart cities.

His key areas of focus are:

  • Corporate Strategy and Strategic Planning

  • Customer strategy & Marketing

  • Mergers, acquisitions and large-scale transformation programs, including post-merger integration

  • Operating model optimisation and performance improvement  

  • Business model innovation driven by sustainability and digital technologies

Examples of recent assignments include:

  • Creation of a new circular value chain for a Global Energy Operator

  • Design growth strategy for several global and national Electric Mobility Players, in Italy and abroad

  • Strategic plan for the Energy Solutions Business Unit of a global energy player 

  • Hydrogen business assessment for an international Energy Player

  • Strategic plan for a national integrated Waste Operator

  • Assessment of the carve out of a Retail company from a global Energy Player

  • Synergies assessment in a mid-size Retail company acquisition by a large Energy Operator

  • Customer service strategy for an international Energy Retailer

Contact details



  • Business strategy
  • Operations strategy
  • Deals strategy


  • Power and Utilities
  • Industrial goods
  • Sustainability


  • Business Administration from University of Turin
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