MILAN (Reuters) - Infrastructure group Atlantia (MI:ATL) will appoint an executive committee to replace long-serving Chief Executive Giovanni Castellucci who is expected to resign later on Tuesday, two sources with knowledge of the matter said.
Castellucci is expected to hand in his resignation at a board meeting scheduled at 1230 GMT after the Benetton family, which is the group's top shareholder, pulled its support for the manager following the escalation of a probe.
Gianni Mion, a veteran manager who is the right-hand man of the Benettons, could become an executive director at the infrastructure group to steady the company, the sources said.
A final decision on Mion's appointment will be taken by the board, a third source said.