Tuesday, 25 July 2017

Vivendi wins another board game with Telecom Italia

By Nick Wood, Total Telecom
Friday 05 May 17

French media group appoints two thirds of Italian incumbent's directors, but CEO de Puyfontaine misses out on chairmanship.

Vivendi further extended its influence over Telecom Italia this week by appointing two-thirds of the telco's board. However, Vivendi's CEO, Arnaud de Puyfontaine, missed out on becoming Telecom Italia's new chairman, after the newly-elected board voted to re-appoint incumbent Giuseppe Recchi. The board also voted to retain Flavio Cattaneo's services as CEO. De Puyfontaine remains deputy chairman, and according to a statement issued by Telecom Italia on Friday…

Vivendi further extended its influence over Telecom Italia this week by appointing two-thirds of the telco's board. However, Vivendi's CEO, Arnaud de Puyfontaine, missed out on becoming Telecom Italia's new chairman, after the newly-elected board voted to re-appoint incumbent Giuseppe Recchi. The board also voted to retain Flavio Cattaneo's services as CEO. De Puyfontaine remains deputy chairman, and according to a statement issued by Telecom Italia on Friday…

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