Atlantia CEO Giovanni
Castellucci told Italian daily Corriere della Sera on Wednesday
that his resignation, which he tendered to the company's board
of directors on Tuesday, is "in everyone's best interest".
He said although it was his decision, it was shared by the
board of directors.
The company issued a statement Tuesday thanking Castellucci
for his "decisive contribution" during his 18 years of
leadership within the company, where he began as a general
manager with Autostrade Group in 2001.
Atlantia, the parent company of Autostrade per l'Italia, has
seen its share price plunge as it struggles with accusations
that it failed to take measures that would have prevented the
collapse of the Morandi bridge in Genoa last year and fears it
could be stripped of its highway concessions.
On Wednesday following news of Castellucci's resignation and
his 13-million-euro liquidation package, which was made official
Tuesday after the Milan stock exchange closed, the company's
share price rose slightly, up 0.29% to 20.80 euros.
ALL RIGHTS RESERVED © Copyright ANSA
