January 13, 2020 / 4:58 PM / 12 days ago

CORRECTED-Atlantia expected to appoint top exec of Benettons holding firm as CEO for Italy - sources

(Corrects headline to show appointment is expected, has not been confirmed)

MILAN, Jan 13 (Reuters) - Italian infrastructure group Atlantia is expected to appoint Carlo Bertazzo, general manager of the Benetton family holding company which controls the group, as chief executive for Italy, two sources with knowledge of the matter said on Monday.

One of the sources said that the company was due to hold an extraordinary board meeting on Monday at which Bertazzo’s appointment as chief executive was on the agenda.

Bertazzo, who also sits on the board of telecom masts group Cellnex and toll road group Abertis, has been working since 1994 for Edizione, the holding company of the Benettons, which control Atlantia through a 30% stake.

Atlantia’s long-serving CEO Giovanni Castellucci resigned last September amid the fallout from the deadly collapse of a bridge operated by the group’s motorway unit Autostrade per l’Italia in 2018, in which 43 people died.

The company did not announce a successor after Castellucci’s departure but sources close to the matter say it is expected to name two leaders, one responsible for operations in Italy and the other in charge of business in the rest of the world. (Reporting by Francesca Landini and Stephen Jewkes; editing by James Mackenzie and David Evans)

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