Pietro Labriola will be the new CEO of Tim. It is the result of the complex negotiations that led the former CEO Luigi Gubitosi to an agreement with the company to leave -. without maxi severance pay – both the board and Tim herself. Consequently, once a seat has become available on the board, Labriola will be co-opted and, probably before Christmas, appointed new CEO of the group.
Labriola, who maintains the responsibility of CEO of Tim Brasil, was recently appointed General Manager of Tim and had assumed part of the previous responsibilities of Gubitosi. In a forthcoming board of directors, Labriola - barring twists - should enter full powers and become to all intents and purposes the new head of the company.
It will be up to him, in agreement with the President Salvatore Rossi, to reopen negotiations with Dazn to review the contract which so far has not brought Tim the desired benefits. A road that promises not to be easy, because Dazn has no intention of making discounts. And again Labriola, and Rossi, will have to evaluate the preliminary offer of the American fund KKR which is a prelude to a possible takeover bid on 100% of Tim, subject to due diligence.
