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The plans of Zelensky, Altavilla (Ita) whiners, the forecasts of Mincato (formerly Eni), Riotta-Luiss in order

The plans of Zelensky, Altavilla (Ita) whiners, the forecasts of Mincato (formerly Eni), Riotta-Luiss in order

Zelensky, Mincato (former Eni); Altavilla (Ita), Riotta (Luiss) and more. Bits of press review in the tweets of Michele Arnese, director of Startmag

THE PLANS OF ZELENSKY

POSTCARD FROM BRUSSELS

SEEK DOCTORS

RIOTTA-LUISS TO ORDER

SCHOOL COMMENTS

THE FORECAST OF MINCATO (FORMER ENI)

ALTAVILLA (ITA) BEATS CASH

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EXTRACT FROM AN ARTICLE OF THE REPUBLIC ON ITA AND ALTAVILLA:

Executive President Alfredo Altavilla has harshly criticized the compensation top managers receive. Him, included. Altavilla earns 400,000 euros gross of fixed income per year, to which up to 400,000 gross of the variable part can be added. Meanwhile, the sale of Ita accelerates: the two consortiums in the field send the purchase proposal, even if “conditional”. The salaries of the ten top managers of Ita and the executive chairman Altavilla were outlined by the three directors of the Compensation Committee. The board of directors and the sole shareholder of Ita (the Economy) then approved them. Now, before approval, the manager challenged the method of determining the amounts and, cascading, the amounts themselves on the Board of Directors. Altavilla explains, for example, that Ita did not take into account his "necessary abandonment of a similar top management role in a listed company". Altavilla judges the remuneration, therefore, "seriously damaging to its managerial history, experience and competence as well as in total misalignment with the results of the action expressed in the company up to now". The reasons for the error? According to Altavilla, the Remuneration Committee should have talked with him and the other top managers before outlining the salaries. The absence of interaction is something he has not experienced "at any latitude even having served on councils in the United States, China, India, Germany, Russia, France, Australia". In the end, the remuneration policy "is illogical, paradoxical, disconnected from the correct sector benchmark despite the fact that the Remuneration Committee made use of three supporting advisors "


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/i-piani-di-zelensky-altavilla-ita-piagnone-le-previsioni-di-mincato-ex-eni-riotta-luiss-allordine/ on Tue, 24 May 2022 10:29:38 +0000.