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Terna CEO Must Choose Between Severance Pay and New Job at Eni, Italy ...
Meloni said Giuseppina di Foggia must forgo one of two state-backed appointments as Terna prepares an extraordinary board meeting.
6 Articles
6 Articles
Meloni Demands Terna CEO Choose: €7.3 Million Payout or Eni Role
(Bloomberg) — Italian Premier Giorgia Meloni said the outgoing chief executive officer of grid operator Terna SpA, Giuseppina di Foggia, should choose between a €7.3 million ($8.6 million) severance or a new role as chairwoman of ENI SpA, making clear the government’s stance that she can’t have both.
The outgoing manager of Terna claims a maxi liquidation by virtue of a rule established in 2017, but not followed by his predecessors. The Mef, who has nominated her as President Eni, recalls that since 2023 he has asked to reduce costs. Hot potato at the cda of the electric manager. There are events in which the law, politics and opportunity meet. And instead of clarifying, they complicate. Exactly what is happening around Giuseppina Di Foggia,…
The compensation from Terna of 7.3 million is incompatible with the assumption of the presidency Eni. The Mef has taken position, now expects Palazzo Chigi
Mef in the field: "With us enough maxi bounti"
The outgoing Terna wants the amount that is due to her before passing to Eni. The executive makes himself feel guilty late. Doing the encore of the case of the roof to the managers
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