Iren S.p.A. and Massimiliano Bianco have reached a mutual termination agreement (hereinafter, “Agreement”) under which Mr Bianco has relinquished his positions as Director, Chief Executive Officer and General Manager of the Company as well as any delegated powers and authority granted to him, effective as of 29th May 2021.
Investors
Agreement for the consensual termination of relations between Mr. Massimiliano Bianco and the Company
Agreement for the consensual termination of relations between Mr. Massimiliano Bianco and the Company
29 May 2021
In addition to the above, the Agreement stipulates that his role as an Executive will continue until November 30th, 2021, under the current financial terms (unless early termination is requested by Mr Bianco), to ensure a gradual internal handover.