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Atlantia, Castellucci leaves the leadership of Autostrade

Atlantia stock down on Piazza Affari – The decision to leave the role of CEO of Autostrade was allegedly taken by Castellucci last August 3rd. But he will remain in Atlantia – The manager in front of the prosecutors of Genoa for the collapse of the Morandi bridge

Atlantia, Castellucci leaves the leadership of Autostrade

Giovanni Castellucci towards farewell to Autostrade. The current CEO is preparing to leave the leadership of the Benetton family company in order to focus only on the parent company Atlantia: "Due to the important role Atlantia has recently assumed on a global level, the process of reducing my responsibilities in Autostrade which was started before the tragedy, it resumed,” explained the manager.

The news was negatively received by the market. In Piazza Affari, the stock dropped 2,37% to 18,135 euros, achieving the second worst performance of the Ftse Mib (-0,2%).

However, according to Repubblica, the decision to give up the leadership of Autostrade was taken before the collapse of the Morandi Bridge on August 14, a tragedy that caused the death of 43 people.

Castellucci would have decided to leave the role of CEO of the motorway concessionaire in the board meeting held on 3 August in order to concentrate on Atlantia and the challenges that the company will have to face following the acquisition of Abertis. According to rumors, Castellucci's departure should arrive by the end of the year.

Meanwhile Castellucci was questioned today in Genoa regarding the collapse of the Morandi bridge. The CEO released only spontaneous statements: "In consideration of the complexity and gravity of the tragic events subjected to the scrutiny of the judiciary, we deemed it appropriate to declare the willingness of engineer Castellucci to respond, within the limits of his powers and powers foreseen by the corporate organization, once the probative incident is concluded, the causes of the event have been reconstructed and any specifics have been drawn”, explained his lawyer, Paola Severino.

 

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