Luca Concone will now be CEO and Yann Rousset will be Chairman of the Board. Valentin Pitarque, Paolo Quaini, Maria Teresa Rangeri and Cyril Ranque are also new names on the board, the company announced on Thursday. At the extraordinary general meeting to be held on December 21, shareholders will vote on the new personal information.
Suspicious company founder and former CEO Fabio Cannavale and former COO Andrea Bertoli are stepping down from the Board of Directors with immediate effect. The Board of Directors takes note of the resignations and accepts them. Cannavale and Bertoli have since been released from custody.
Concone’s new CEO will take over from Laura Amoretti, who was temporarily appointed on suspicion of fraud. She has more than a decade of experience as an entrepreneur, angel investor, and consultant to technology and internet companies.
At the same time, the board of directors launched two investigations, one by the internal and the other by the audit company, as a result of the investigations carried out by the Ticino Chief Public Prosecutor’s Office. According to the preliminary results of the investigations, a provision of 34 million euros has been made for possible reimbursement of the short-time working compensation received and related legal costs.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
