Italy's ruling coalition parties have agreed that the CEOs of gas operators...
ROME - Italy’s ruling coalition parties have agreed that the CEOs of gas operators Snam and Italgas should stay in their roles, a government source said on Sunday, confirming newspaper reports.
Italy has an elaborate spoils system, which gives ruling parties enormous powers to put their candidates in top positions in an array of companies, from state broadcaster Rai to some of the nation’s leading enterprises. There is still no deal between the two parties on a possible reshuffle in the top management at shipbuilder Fincantieri.
The government source said Snam CEO Marco Alvera and Italgas CEO Paolo Gallo looked set to remain in their posts. He added that Luca Dal Fabbro and Alberto Dell’Acqua were in pole position to become respective chairmen of the two companies.
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