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General

Telecom Italia CEO to leave following Vivendi clash - report

Monday 24 July 2017 | 08:08 CET | News
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Telecom Italia (TIM) has announced that its board and remuneration committee is set to meet on 24 July to discuss a "mutual termination" agreement for its current chief executive Flavio Cattaneo. The statement follows a Reuters report in which six unnamed sources said Cattaneo was stepping down after clashing with Vivendi, the French company that controls TIM's board via a 23.9 percent stake. The sources added that Vivendi's chief convergence officer Amos Genish is set to be appointed as the Italian operator's managing director, confirming earlier rumours.

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Categories: General
Companies: Telecom Italia / TIM / Vivendi
Countries: Italy
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