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Meloni Demands Terna CEO Choose: €7.3 Million Payout or Eni Role

Italian Premier Giorgia Meloni said the outgoing chief executive officer of grid operator Terna SpA, Giuseppina di Foggia, should choose between a €7.3 million ($8.6 million) severance or a new role as chairwoman of ENI SpA, making clear the government’s…

This article was originally published by Bloomberg Markets and is republished here under license.

Italian Premier Giorgia Meloni said the outgoing chief executive officer of grid operator Terna SpA, Giuseppina di Foggia, should choose between a €7.3 million ($8.6 million) severance or a new role as chairwoman of ENI SpA, making clear the government’s stance that she can’t have both.

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