Marco Patuano, who wanted to turn the Bocconi Telecom – Il Sole 24 Ore

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This article was published March 19, 2016 at 16:54 hours.
the last change is the March 19, 2016 at 20:12.

He tried to the last to accomplish his purpose: to transform Telecom Italy in a company with capital demanding the money market spread in order to keep tight the valuable assets. Ie Tim Brasil and the network. But eventually he had to confront a group, Telecom Italy, that public company never has been. And with the shareholders, represented by the French Vivendi group, which after a soft input they wanted to make their weight felt. Equity and political. And so the CEO of Telecom Italy, Marco Patuano, is now one step away from resignation.

The relationship between the ad and the French shareholders of Vivendi recorded misunderstandings for a year but to precipitate the situation would be the last board of directors in which the devaluation was voted, for a total of 240 million , the Tim Brasil share, devaluation made following the impairment test criteria that took into account depreciation and the Brazilian context. In short Patuano would remain virtually isolated, thus gaining the decision to take the step back. This after an entire career living in Italy with Telecom positions of responsibility gradually increasing. Born in 1964, born in Alexandria, he became CEO of the telecommunications group in April 2011.

A graduate of Bocconi University with a major in Corporate Finance, after an experience in the United States, began his career in Telecom Italy in 1990 to the Directorate General of then Sip. In the same year begins the spin off of Tim and the start up of the mobile phone company, and Patuano becomes the new Finance Manager. In 2003 he began his international career with his appointment as CFO of Tim Brasil and Telecom Italy Latin America S.A. both companies controlled by Telecom Italy. In the years of his administration, Tim Brasil becomes the second largest mobile operator in the country and the first to present the company in all Brazilian states with a merger of 11 companies. Back in Italy in August 2008 to take the post of chief financial officer of the group, appointed to be followed three years later was appointed to.

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