Since 2007 Fauner is technical director of the Italian national team skiing, both male and female, replacing his former teammate Marco Albarello. Together with his teammates of the victorious 4x10 km relay of the 1994 Winter Olympics he was one of the torchbearers within the Olympic Stadium at the Opening Ceremony of the 2006 Winter Olympics. He was highly decorated, appointed Knight of the Order of Merit of the Italian Republic in 2007 and was awarded the Silver and Gold Cross of Merit of the Army. His older brother Aldo was also on the Italian team prior to Silvio but was diagnosed with an irregular heartbeat and was denied medical clearance to participate in the 1992 Winter Olympics.