Gubitosi gone as TIM mulls KKR $12bn bid

TIM has announced the resignation of Luigi Gubitosi resign as the company’s CEO and general manager, though he retains his position on the board of directors. 
Gubitosi, who become CEO in 2018, has had a turbulent time at the company, failing to deliver the financial turnaround that he initially promised and seeing the company lower its guidance until 2023 last month.

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