Lunedì, 24 Settembre 2018
ROME

Troubled Finmeccanica names Pansa as new chief executive

English
© ANSA

Rome, February 13 - Finmeccanica's board of
directors Wednesday replaced the former chief executive of the
defence giant, arrested Tuesday in a bribery scandal, at an
emergency board meeting.
Sources said Alessandro Pansa was named as president and
chief executive officer to replace Giuseppe Orsi who is under
investigation into suspected kickbacks in the 2010 sale to India
of 12 helicopters by Finmeccanica's aerospace unit
AgustWestland.
Pansa, who has been the company's general manager, was
named alongside senior director Admiral Guido Venturoni, who
takes the post of deputy chairman, sources said.
Earlier in the day, Economy Minister Vittorio Grilli voiced
confidence that the board would "make the right decision on new
governance" for the group, one of Italy's biggest companies and
controlled by the Italian State via a 30.1% stake.
Trading in Finmeccanica stock was briefly suspended during
the day after an excessive fall in its share value on the Milan
bourse.
Shares fell over 5%, prompting bourse authority Consob to
take the company off the board. It ended the day with a 4% loss.
Stocks fell after India was reported to have decided to
halt the purchase of the helicopters, two of which have already
been delivered and one of which is on the way.
Although a defence ministry spokesman said he had "no
knowledge" of a cancellation of the contract, Indian Defence
Minister A. K. Antony said the contract would be scrapped if the
allegations of corruption being investigated by Italian
prosecutors are proven.
Antony added that Finmeccanica risks being put on New
Delhi's company blacklist.
"Finmeccanica could end up on the blacklist and the
contract could be cancelled," he said after announcing he had
ordered Indian investigators to look at the case.
"We will act as soon as we have the results of our
investigation".
Meanwhile the leader of the Northern League, whose
regionalist party was reported to have played a role in Orsìs
appointment under a previous government led by Silvio
Berlusconi, said the League was taking legal action after media
reports linked it to the alleged corruption.
"Today I'll launch new legal action against that band of
professional defamers," Roberto Maroni said, citing daily
newspapers La Repubblica and Il Fatto Quotidiano.
Orsi, who was appointed in May 2011, is considered close to
the League, Berlusconìs main ally.
"Orsi is not a League man," Maroni said.
"He was appointed (by Berlusconi's last government) because
he is good".
Among the claims made by the two dailies was that Orsi -
allegedly prompted by then interior minister Maroni and then
League leader Umberto Bossi - moved Finmeccanica facilities from
southern to northern Italy.

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