However, he resigned from Rcs before the Board of Directors on Blackstone

MILANO. Surprise in via Rizzoli: Gaetano Miccichè resigns from the board of directors of RCS. The sensational step backwards, in a note from the Corriere della Sera publishing house, is traced back to the manager’s “current commitments” and those “he plans to take on in the next period”. The choice of Miccichè, president of the IMI division of Intesa Sanpaolo, however, comes on the eve of an important board of directors, on Friday, on the group’s accounts, which will also discuss the Blackstone affair, the US fund which, before the New York judge , asks for 600 million in damages to RCS and Cairo (which has obtained indemnity from the board of directors). This is after the Italian arbitration on the sale of the property in via Solferino (whose auction, at the center of the Cairo disputes, was managed by Imi) established the correctness of the US fund, while not attributing the reckless dispute to Cairo . Micciché’s departure effectively marks the end of the presence on the board of directors – where he sat as an independent – of an important exponent of Intesa Sanpaolo, who had supported Cairo at the time of the Ops in 2016. It sounds like an alarm bell on the stock market (where the stock closes at -1.3%) and within a board where, among minorities, there is too much top-down management. To create divergences, for example, is precisely the failure to register, up to now, provisions against the claims of the US fund. At the board of directors on Friday there will be an opportunity for discussion.