MILAN May 10 Pirelli said on Friday
its vice chairman and board director Vittorio Malacalza had
resigned over disagreements about how the Italian tyre maker
takes strategic decisions.
In a statement, Pirelli said Malacalza had expressed discord
over the approval given by Pirelli to a relaunch plan of
Italian real estate company Prelios.
Malacalza is minority shareholder in Camfin, a
holding company controlled by businessman Marco Tronchetti
Provera that is the main investor in both Pirelli and Prelios.
Tronchetti Provera is chairman and CEO of Pirelli.
(Reporting By Danilo Masoni; Editing by David Gregorio)