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Mittel: clash in the Board and mass resignations, "irremediable rift with the CEO"

Yesterday evening, six directors of Mittel resigned after a tough confrontation with the managing director Arnaldo Borghesi – Via Tononi, Pasini, Montini, Giannotti, Franceschi and Battocchi – the stock is bad on the Stock Exchange.

Mittel: clash in the Board and mass resignations, "irremediable rift with the CEO"

A real exodus that took place at the end of Mittel's board of directors. After a discussion with the CEO of the Milanese company Arnaldo Borghesi, last night 6 directors packed their bags due to "an incurable rift created within the administrative body with the managing director - as they explain in the note released in the evening - such not to allow, in the current composition, the continuation of the activities of the body itself”.

The outgoing directors are Massimo Tononi, Giuseppe Pasini, Gianbattista Montini, Stefano Giannotti, Giorgio Franceschi and Paolo Battocchi. The stock starts badly on the Stock Exchange, with a valuation of 1,645 and a drop of -0,42% around 10. 
 

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