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General

Vivendi CEO confirmed as new Telecom Italia chairman

Friday 2 June 2017 | 08:38 CET | News
Telecom Italia (TIM) has announced the appointment of Vivendi's chief executive Arnaud de Puyfontaine as its new executive chairman following its 01 June board meeting, confirming recent reports. Current chairman Giuseppe Recchi swaps places with De Puyfontaine to become deputy chairman while Flavio Cattaneo continues as TIM CEO. The move comes just two days after the European Commission gave its approval to Vivendi's plan to gain de facto control of TIM on the condition that it sells the Italian operator's majority stake in broadcasting unit Persidera, the former Telecom Italia Media

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Categories: General
Companies: European Commission / Mediaset / Telecom Italia / TIM / Vivendi
Countries: Italy
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