Pietro Labriola General Manager Tim
Tim, Pietro Labriola CEO by January 16 and in the meantime prepares the strategic plan
Pietro Labriola CEO by January 16. This would be the date – the newspaper writes today Republic – within which the new CEO of Tim will be appointed. Everything will happen through the convocation of a extraordinary board of directors to sift through the guidelines of the plan and co-opt Labriola into the board, allowing him to be fully operational. The same first Draghi had specified in the press conference at the end of the year that on Tim a decision had not yet been taken and that the CEO had yet to be appointed.
The strategic plan that Labriola, who currently holds the role of managing director, is developing with Mediobanca e Vitale study should articulate on multiple scenarios. They will vary, depending on Republic, in case you have to answer one or more purchase offers and would aim to bring out the enormous value internal to Tim and his people asset. The more value within Tim emerges, the more the possibility of being a target to be scaled will be averted. The company, however, specifies to affaritaliani.it that with respect to the issues relating to the indicative and non-binding manifestation of interest from KKR, it has as advisors Goldman Sachs e Lion Tree and that therefore the two aspects must be considered split.
In the afternoon it is scheduled the meeting between the trade unions and the president of Tim Salvatore Rossi, asked by the former immediately after Christmas for a comparison on the future of the company. This is what theRuetir. The meeting, which could also see the participation of Labriola who had already planned to see the unions next January 12, was asked in a letter from Fistel Cisl and Slc Cgil to Rossi. The president had responded shortly by giving his availability and then extending the comparison also to Uilcom Uil.
In recent weeks, the unions had asked to meet the top management several times and to be able to express their point of view on the changes that characterize this phase of the company’s life: from the recent exit from the administrator’s group delegate Luigi Gubitosi, to the expression of interest for the entire share capital by the fund Kkr (former owner of 37.5% of the company for the Fibercop fiber) with, in the background, the hypothesis of single network which could derive from the merger with the assets of Open Fiber.
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