0
General

Former CEO Genish resigns from Telecom Italia board

Friday 28 June 2019 | 08:59 CET | News
Telecom Italia (TIM) has confirmed that its former chief executive Amos Genish has resigned from the company's board around eight months after being ousted and then replaced by current CEO Luigi Gubitosi. In a statement TIM said Canal+ Group deputy CEO for France Frank Cadoret had replaced Genish as board representative for the operator's main shareholder, French media group Vivendi. TIM said Genish would be paid the lump sum of EUR 4.2 million within 30 days "in light of the mutual renunciation of any reciprocal claim or dispute in relation to the past employment relationship between the

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Canal+ / Telecom Italia / TIM / Vivendi
Countries: Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

TIM signs agreement with Enel, CDP to begin talks on Open Fiber network tie-up

Published 21 Jun 2019 09:19 CET | Italy
Telecom Italia (TIM) has announced the signing of a non-disclosure agreement with utility giant Enel and state lender Cassa ...

Elliott, Vivendi looking to end TIM feud with board reshuffle - report

Published 20 Jun 2019 09:31 CET | Italy
Two of the main shareholders of Telecom Italia (TIM) – France's Vivendi and US fund Elliott – are attempting to find a compromise ...

Vivendi move to drop board reshuffle bid 'courageous' - TIM CEO

Published 01 Apr 2019 09:28 CET | Italy
The chief executive of Telecom Italia (TIM) Luigi Gubitosi described the decision of leading shareholder Vivendi to withdraw its ...

Vivendi drops demand to replace TIM board members

Published 29 Mar 2019 14:23 CET | Italy | Update: 29 Mar 2019 18:36 CET
Vivendi's move is set to be approved by shareholders and follows a war of words with activist fund Elliott lasting several months ...

Vivendi urges Consob to probe TIM governance issues

Published 18 Mar 2019 08:58 CET | Italy
French media giant Vivendi has again urged the auditors of Telecom Italia (TIM) and Italian market regulator Consob to further ...

Italian state lender CDP to up TIM stake to 10% this month - report

Published 06 Mar 2019 16:05 CET | Italy
Italian state lender CDP intends to increase its stake in Telecom Italia (TIM) to over 10 percent just a few weeks after passing ...

Vivendi asks TIM's auditors to investigate board procedures - report

Published 25 Jan 2019 10:32 CET | Italy
French media giant Vivendi has sent a complaint to the auditors of Telecom Italia (TIM) asking them to probe the company's board ...

Former Wind chief Gubitosi named new Telecom Italia CEO

Published 19 Nov 2018 08:35 CET | Italy
Telecom Italia (TIM) announced that its board of directors appointed Luigi Gubitosi as chief executive in a meeting held a few ...

Sacked CEO Genish wants to stay on TIM board

Published 14 Nov 2018 08:37 CET | Italy
The CEO of Telecom Italia (TIM) responded to his sacking by declaring that he was determined to remain on the board as a director ...

Telecom Italia CEO Genish ousted by board, chairman takes over

Published 13 Nov 2018 11:32 CET | Italy
Telecom Italia (TIM) has announced that its chief executive Amos Genish has been relieved of his powers following a majority vote ...





Calendar   /   Industry Events

23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug ZTE H1 results
27 Aug MNF Group FY results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
29 Aug SeaChange fiscal Q2
29 Aug Cyfrowy Polsat Q2 2019
29 Aug Bouygues Telecom Q2 2019
29 Aug Marvell Technology fiscal Q2
29 Aug Dell Technologies fiscal Q2
29 Aug Tech Data fiscal Q2
29 Aug Axiata Q2 2019
29 Aug Tele Columbus AGM
30 Aug Telekom Slovenije AGM
30 Aug 5G Leadership Summit 2019
::: More Calendar Items