BREAKING NEWS
This content is not available in your region

Gubitosi seen as new Telecom Italia boss after Altavilla quits race - source

Access to the comments Comments
Gubitosi seen as new Telecom Italia boss after Altavilla quits race - source
Alitalia special commissioner Luigi Gubitosi talks during a news conference at the Alitalia headquarters at Rome's Leonardo da Vinci-Fiumicino Airport, Italy May 10, 2017. REUTERS/Remo Casilli   -   Copyright  Remo Casilli(Reuters)
Text size Aa Aa

MILAN (Reuters) – Italian manager Luigi Gubitosi is expected to be proposed as Telecom Italia’s <TLIT.MI> 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 <VIV.PA> last May.

(Reporting by Agnieszka Flak, editing by Giselda Vagnoni)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.