Meloni Tells Terna CEO: Severance or ENI Role, Not Both

3 articles · Updated · Bloomberg · Apr 21

Italian Prime Minister Giorgia Meloni has told Terna CEO Giuseppina di Foggia to choose between a €7.3 million severance or the ENI chairwoman role.
Meloni stated that Di Foggia cannot receive both the payout and the new position, emphasizing the government's clear stance on the matter.
The decision highlights the government's attention to executive compensation and oversight of appointments at major state-influenced companies.

Will Italy's crackdown on executive pay scare top talent from its state-controlled firms?

Does a CEO's contract trump political pressure in Italy's state-backed giants?

Is the first female CEO of a major Italian state firm facing unique scrutiny?

As Italy's economy struggles, are executive 'golden parachutes' becoming extinct?

Is Meloni's ultimatum a bold reform or an overreach into corporate governance?