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Benettons set to ditch Atlantia CEO as bridge probe escalates

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Management board set to take over running of infrastructure group as it deals with fallout from deadly bridge collapse

Management board set to take over running of infrastructure group as it deals with fallout from disastrous bridge collapseGiovanni Castellucci gestures during a news conference in Genoa, Italy, August 18 2018. Picture: REUTERS/Massimo Pinca

Giovanni Castellucci, who has been Atlantia CEO since 2006, was expected to hand in his resignation at a board meeting on Tuesday, the sources said. Another source said Gianni Mion, a veteran manager long been close to the Benettons, who control Atlantia, and who heads the family’s holding company, Edizione, could be appointed to the board and become an executive director.The collapse in 2018 of a bridge in Genoa killing 43 people brought Atlantia under heavy political pressure with the ruling coalition 5-Star Movement calling for it to be stripped of its motorway concession.

 

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