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Marco Tronchetti Provera, The Chairman of Telecom Italia, Resigns Posted on: 15/09/2006 During a meeting last Friday of The Board of Directors of Telecom Italia S.p.A. in relation to the recent approval of the re-organization of the Company through the splitting off of the branches relative to the local fixed network and the domestic mobile telephone business, the chairman, Marco Tronchetti Provera, tendered his resignation.Although the Board of Directors unanimously rejected the resignation and with force requested Mr. Tronchetti Provera to withdraw the decision, they eventually accepted the recommendations of Mr. Tronchetti Provera and nominated Mr. Guido Rossi to substitute him in the role of Chairman. The Board also nominated as Executive Deputy Chairman Mr. Carlo Buora and conferred to him the organizational responsibilities and the powers which had been Mr. Tronchetti Provera’s, with the exception of the functions of general counsel and the management of institutional relations, which will report to the Chairman. The Board of Directors also confirmed Mr. Gilberto Benetton as Deputy Chairman and Mr. Riccardo Ruggiero as Chief Executive Officer. News story posted by: BroadGroup
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