Telecom Italia SpA Updates on Process to Designate New Chairman

Thursday, 3 Oct 2013 02:35pm EDT 

Telecom Italia SpA announced that the Board of Directors of Telecom Italia, chaired by its Deputy Chairman, Aldo Minucci, after the resignation of Franco Bernabe in agreement with the Board, has started the process to designate the new Chairman of the Company. In the meantime, as set out in the Company's Succession Plan, the powers and organizational responsibilities previously assigned to Mr Bernabe have been temporarily attributed to the Managing Director and Chief Executive Officer, Marco Patuano, while the Deputy Chairman is acting as chairman of the Board and legal representative of Telecom Italia, in a temporary capacity. 

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