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Telecom Italia CEO to leave following Vivendi clash - report

2017-07-24 08:08:00| Telecompaper Headlines

(Telecompaper) 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.

Tags: report leave italia ceo

Category:Telecommunications

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