A controversial push is underway within an Italian company to overhaul its leadership, with plans to replace up to ten board members and remove the current CEO as early as next month, according to sources close to the situation. The proposed shake-up signals deep internal divisions and a bid to reshape the company’s direction amid what insiders describe as growing dissatisfaction with existing management. While details remain limited, the move could mark a significant power struggle with potential repercussions for the firm’s future strategy. The timing and execution of these changes will be closely watched by investors and industry observers.
Italian executive aims to replace 10 board members and oust CEO as soon as January, say people familiar with plans