Telecom Italia's board did not debate chairman's future - source
FILE PHOTO - Telecom Italia's logo at its headquarter in Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo
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.
ROME (Reuters) – A board meeting at Telecom Italia (TIM) on Thursday did not discuss the fate of Chairman Fulvio Conti, a source with knowledge of the matter said.
Conti has been accused by TIM’s top shareholder Vivendi of siding with a rival investor, activist fund Elliott, and violating corporate and governance rules.
(Reporting by Alberto Sisto, editing by Silvia Aloisi)