Telecom Italia CEO Genish ousted by board, chairman takes over

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(Telecompaper) Telecom Italia (TIM) has announced that its chief executive Amos Genish has been relieved of his powers following a majority vote of its board of directors. The company’s chairman Fulvio Conti will take over on an interim basis and has been granted a mandate to “resolve further obligations in relation to the existing working relationship with Genish”. A further board meeting has been called for 18 November to appoint a new CEO, said TIM in a short statement that provided no explanation for Genish’s departure other than thanking him for the work done “in 14 months of intense activity”.
Source: Industry News (syndicated from Telecompaper.com)

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