Telecom Italia CEO Genish Ousted Over Clash with Elliott (1)

Nov. 13, 2018, 12:52 PM UTC

Telecom Italia SpA Chief Executive Officer Amos Genish has been removed following a strategy clash with investor Elliott Management Corp., ending months of speculation about his future and setting up another face off between the fund and top shareholder Vivendi SA.

Genish, a 58-year-old former Vivendi executive, was at odds with Elliott over his plan to split off the carrier’s landline network, said people familiar with the matter, who asked not to be identified because the talks were private.

The ouster followed a hastily-arranged conference call by the board of Italy’s biggest phone carrier early Nov. 13. The directors ...

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