News at the top of Edizione, the financial holding controlled by the Benetton family, with Alessandro Benetton as new president and Enrico Laghi as CEO. The company communicates this in a note in which it indicates that the Extraordinary Shareholders’ Meeting of Edizione unanimously approved the transformation of the company into a Spa and the adoption of a new governance. In the note he explains that the new statute aims to renew the commitment to stability of the Group, confirming the mission of Edizione as a pure holding company and the strategic nature of its investments in the subsidiaries Atlantia, Autogrill and Benetton Group.
The new governance rules provide for a five-year lock-up period and methods and mechanisms, including pre-emptive ones, in line with the best practice of family holding companies, which make it possible to preserve the unity of the control of Edizione in the hands of the Benetton family in the generational transitions. In particular, the new statute provides for the appointment of a board of directors composed of four directors directly representing the Benetton family and up to five independent directors with a high professional profile, one of whom will take on the role of managing director.
In the ordinary session, the Shareholders’ Meeting set the number of directors at nine; identified the members of the family who will be part of the board representing the four family branches in the persons of Alessandro Benetton, Carlo Bertagnin Benetton, Christian Benetton and Ermanno Boffa; appointed Alessandro Benetton as the Chairman of Edizione and Enrico Laghi as the CEO. The selection process of the other four independent directors will be completed by the current month of January.
Edition, in reiterating the centrality of its stake in Atlantia, today announced the purchase of Atlantia shares last December with an increase in the group’s stake from 31% to 33.1%