Gubitosi seen as new Telecom Italia boss after Altavilla quits race - source
Reuters
Published Nov 17, 2018 20:25
Gubitosi seen as new Telecom Italia boss after Altavilla quits race - source
MILAN (Reuters) - Italian manager Luigi Gubitosi is expected to be proposed as Telecom Italia's (MI:TLIT) new CEO on Sunday after rival Alfredo Altavilla pulled out of the race for the top job at Italy's biggest phone group, a source familiar with the matter said.
Telecom Italia's board will meet late on Sunday to appoint a new CEO after former boss Amos Genish was unexpectedly sacked on Tuesday while he was away on business in Asia.
Both Gubitosi - who once headed telecoms group Wind - and Altavilla have been sitting on Telecom Italia's board as independent directors proposed by Elliott since the activist fund wrested control of the board from top shareholder Vivendi (PA:VIV) last May.
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Written By: Reuters
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