Who are the new leaders of Juventus (under investigation): Gianluca Ferrero and Maurizio Scanavino
The era of Andrea Agnelli at Juventus ends, the new president is the accountant Gianluca Ferrero and the general manager is Maurizio Scanavino. The Prisma investigation and Consob's findings weigh heavily
The Andrea Agnelli era is over at Juventus. After 12 years at the helm of the club, and after winning nine consecutive Scudettos (which made him the most successful president in Juventus history ), having reached two Champions League finals and having brought Cristiano Ronaldo to Turin, Umberto Agnelli 's son has left the presidency of the "Old Lady". To replace him, for ordinary management, the accountant Gianluca Ferrero while Maurizio Scanavino is the new general manager. Pavel Nedved and Maurizio Arrivabene also resigned (both, like Agnelli, had mandates) the latter, unlike the others, will keep the position of pro tempore Chief Executive Officer for the time being.
WHY DID THE JUVENTUS BOD RESIGN?
The resignation, proposed by Agnelli, was communicated on the evening of 28 November and it wasn't exactly a bolt from the blue. The decision came unanimously at the end of a long extraordinary board meeting convened in the afternoon at the Continassa. The decision to behead the entire Juventus board derives from the involvement in the Prisma investigation for false accounting and from the disputes by Consob .
THE PRISMA INVESTIGATION: AGNELLI, NEDVED AND ARRIVABENE INSPECTED
The investigation put 15 people and Juventus under investigation , with accusations of false corporate communications, obstruction of the exercise of supervisory bodies, information rigging and false invoicing for non-existent operations.
THE FINDINGS OF THE CONSOB
Consob (the supervisory body of the Stock Exchange) has contested some data present in the latest financial statements , that of 2021-22. The critical issues, as reported by the Gazzetta dello Sport , mainly concerned the " salary maneuvers " implemented during the Covid, which provided for the players to waive some months' wages in the 2019-20 and 2020-21 seasons and return them in the following seasons . Juventus has accepted the indications of the magistrates who are investigating its accounts and "for a more prudential approach", the company has decided to account for them in a different way.
THE PROSECUTOR'S INVESTIGATION
In recent days, the prosecutors of Turin filed the notice of conclusion of the preliminary investigations against the president Andrea Agnelli and 15 other executives. From false corporate communications to market manipulation, what the investigation is about. This is the reconstruction of the newspaper Mf/Milan, which adds: "The prosecutor's papers against Juventus: 156 million in fictitious capital gains in the balance sheet in three years".
WHO IS GIANLUCA FERRERO, THE NEW JUVENTUS PRESIDENT
Gianluca Ferrero is the new president of Juventus. The choice comes directly from Exor, the company that controls the Juventus club. Ferrero is the Agnelli's trusted accountant, auditor, statutory auditor and director of various companies. According to the statement from the company, Ferrero " has solid experience and the necessary technical skills , as well as a genuine passion for the Juventus club, which make him the most suitable person to hold the position". Gianluca Ferrero is a trusted man of the Agnelli family , born and raised in Turin where he graduated in Economics and Commerce in 1988, enrolling a year later in the Order of Chartered Accountants and Accounting Experts of Turin. He has been chairman of the board of statutory auditors of Fincantieri since 2014 and deputy chairman of the board of directors of Banca del Piemonte. He has a very long list of prestigious positions : Chairman of the Board of Statutory Auditors of Luigi Lavazza SpA, Biotronik Italia SpA, Praxi Intellectual Property SpA, P. Fiduciaria Srl, Emilio Lavazza Sapa and GEDI Gruppo Editoriale SpA He is also Sole Director of San Carlo 2016 Immobiliare Srl , member of the Board of Directors of Italia Independent Group SpA, of LOL Srl, of Pygar Srl and of Merope Srl Lastly, he is a member of the Supervisory Body of Sole 24 Ore SpA
WHO IS MAURIZIO SCANAVINO, THE NEW GENERAL MANAGER OF JUVENTUS EXPERT IN COMMUNICATION
To support the work of the President Ferrero there will be the General Manager Maurizio Scanavino , born in 1973, is an engineer with a degree in Telecommunications Engineering from the Turin Polytechnic. He has worked in various sectors, from consulting, to automotive, to publishing. He began his career at Accenture and later, in 2004, he joined the Fiat Group , collaborating with Sergio Marchionne as director of Brand Promotion. His career in the publishing field began in 2007: he was director of the digital and marketing area of the Stampa publishing house , and, after three years, he became General Manager of the advertising agency Publikompass. In 2013 he assumed the role of Chief Executive Officer of Secolo XIX working on the merger with La Stampa , an operation that led to the birth of ITEDI, of which he was appointed General Manager. Subsequently he led the process that led to the establishment of the GEDI group, from the integration of ITEDI with the Espresso Group. Today he holds the position of Chief Executive Officer and General Manager of GEDI Gruppo Editoriale.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/chi-sono-i-nuovi-vertici-della-juventus-sotto-inchiesta-gianluca-ferrero-e-maurizio-scanavino/ on Tue, 29 Nov 2022 14:39:49 +0000.