Leonardo shareholders reject liability action against CEO

Published by
Reuters UK

By Giulia Segreti ROME (Reuters) -Shareholders in Italy’s Leonardo on Tuesday rejected a proposal by activist investor Bluebell Partners to start a liability action against the defence group’s chief executive Alessandro Profumo. “The shareholders meeting rejected the proposal … with the opposing vote of 88.727% of the share capital represented at the meeting on the related proposal,” the group said in a statement. CEO Profumo was sentenced by a first instance court in 2020 to six years imprisonment for false accounting in his previous role as chairman of Banca Monte dei Paschi di Siena. Leon…

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