Italy post CEO turnover

Recently, Italy's prime minister Matteo Lenzi? Were succession on postal executives, the appointment of Francesco Caio as its new chief of Italy post group.
Francesco Caio is a telecommunications experts in the field, will replace Massimo Sarmi as chief executive of Italy post. Luisa Todini will replace Giovanni Ialongo as the company's chairman of the board of supervisors. But these two candidates must be approved by shareholders' meeting, before the official inauguration.
Previously, Francesco Caio has been working in the field of telecommunications, including President at Cable & Wireless British Telecom, management of Italy Aerospace Group Avio. In 2013, former Prime Minister of Italy Enrico letta awarded Francesco Caio? "Mr. digital issues" title, awarded to its positive contribution to the development of broadband business of Italy government. Privatization transformation for the 57 year old Francesco Caio will be mainly responsible for Italy post. According to the privatization plan released earlier, the government of Italy will sell the Italy post in 40% years shares, hope to raise 400000000 to 500000000 euros, to help the Italy government to reduce the debt burden.
MYEX Minya Express International
2014-05-13