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Telecom Italia confirms CEO exit 'by mutual consent'

2017-07-25 08:28:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has confirmed that its chief executive Flavio Cattaneo will be leaving the company by mutual consent after "the completion of the major and extraordinary turnaround" of the business. It said that since Cattaneo was appointed TIM CEO in March 2016, the company had grown its customers and revenues to levels not reached in the last 10 years, increased its core investments and successfully reorganised internal processes and cut costs. It added that it would now embark on a second phase, "a conventional company relaunch that pursues the targets set by Flavio Cattaneo".

Tags: italia consent exit ceo

Category:Telecommunications

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