Vivendi Is Said to Consider Triumvirate to Run Telecom Italia
- Recchi could see power increased, Genish may run operations
- Vivendi CEO to meet Cattaneo as soon as today on dispute
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Vivendi SA is considering using its board clout at Telecom Italia SpA to install a trio of executives to manage the phone company if it can’t resolve differences with Chief Executive Officer Flavio Cattaneo, according to people familiar with the matter.
Under the plan, Vivendi Chief Convergence Officer Amos Genish would oversee Italy’s largest carrier on the operating side, while Telecom Italia Deputy Chairman Giuseppe Recchi would see his powers increased, with a focus on relationships with Italian regulators, said the people, who asked not to be named because talks are private. Both would work with Telecom Italia Executive Chairman Arnaud de Puyfontaine, who is also Vivendi’s CEO, they said.