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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Telecom Italia SpA | BIT:TIT | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.2224 | 0.00 | 01:00:00 |
From Apr 2019 to Apr 2024
By Donato Paolo Mancini
Telecom Italia's (TIT.MI) board has revoked all powers from Chief Executive Officer Amos Genish with immediate effect, the company said Tuesday.
The move is the culmination of a monthslong tug of war between main shareholders Vivendi SA (VIV.FR) and Elliott Management Corp.
The president of the board will take over in the interim, Telecom said, and a board meeting has been called for Nov. 18 to choose a new CEO.
The board at Telecom is controlled by Elliott. Mr. Genish was appointed to his role by Vivendi.
Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com; @donatopmancini
(END) Dow Jones Newswires
November 13, 2018 04:05 ET (09:05 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Telecom Italia Chart |
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