TIM Brazil COO to step down amid management reshuffle -sources [Reuters]
TELECOM ITALIA (TI.A)
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telecomitalia.com/tit/en/investors.html
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Source: Reuters
TIM Brazil COO to step down amid management reshuffle: sources | Reuters 3 Min Read SAO PAULO (Reuters) - Brazilian telecoms provider TIM Participacoes SA’s chief operating officer will step down in the coming months as part of a wider management shake-up, two sources with knowledge of the matter told Reuters on Thursday. The likely exit of Pietro Labriola would follow the replacement of TIM Participacoes Chairman Mario Cesar Pereira de Araujo in March and Chief Executive Stefano de Angelis in July, the sources said, requesting anonymity to discuss internal personnel matters. Amos Genish, chief executive of parent company Telecom Italia SpA, is installing long-time allies as part of a more hands-on approach in running the Brazil unit. TIM Participacoes declined to comment. One of the sources said Labriola is due to step down in September. Genish once served as CEO of Telefonica SA’s Brazil unit. Among his moves since taking Telecom Italia’s reins last September was hiring a former co-
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