Stock Market Italy's Benettons title new holding firm chairman in motorway...

Italy’s Benettons title new holding firm chairman in motorway tussle with authorities

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© Reuters. FILE PHOTO: Alitalia particular commissioner Laghi attends information convention at Alitalia headquarters at Rome’s Fiumicino Airport

ROME (Reuters) – Italy’s Benetton household has ousted Gianni Mion as head of its holding firm Edizione, changing him with well-connected enterprise professor Enrico Laghi, the corporate stated on Sunday, because it tries to unravel a long-running dispute over its motorway unit.

The rich household, which owns 30% of infrastructure group Atlantia, has been embroiled in a feud with the Italian authorities since a bridge operated by its motorway operator Autostrade per l’Italia, collapsed in 2018, killing 43 folks.

Laghi will supervise Edizione in its ties with the businesses it invests in together with Atlantia — which controls Autostrade –Autogrill, and others.

Mion, a veteran advisor to the Benettons, was reappointed final July to serve a three-year time period as Edizione chairman.

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