Telecom Italia CEO Wins Investor Backing for Grid Sale
This article is for subscribers only.
Telecom Italia SpA’s chief executive officer defeated an attempt by a group of shareholders to unseat him at the phone carrier’s annual meeting, an outcome expected to speed up the process for a network sale.
Investors backed three more years for CEO Pietro Labriola and his slate of candidates for the board, the company said in a statement Tuesday, confirming an earlier report by Bloomberg. Corporate lawyer Alberta Figari was indicated as chairman.