Telecom Italia (TIM) said Sunday that the telecoms company's board had voted to appoint Luigi Gubitosi its new CEO.
As a result Gubitosi is set to step down as one of the extraordinary commissioners of former flag-carrier airline Alitalia, which is in extraordinary administration.
He will replace Amos Genish, who was ousted last week amid a battle between major stakeholders. Gubitosi's nomination was supported by American activist hedge fund Elliot Management, which recently wrestled control of TIM's board from French group Vivendi.
Vivendi's representatives voted against the appointment.
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