Overview
- Monte dei Paschi’s board named Luigi Lovaglio chief executive and general manager and elected Cesare Bisoni chair using the eight votes tied to Plt Holding.
- The tally included self‑votes by Lovaglio and Bisoni, which dissenting directors described as unusual for a large listed company.
- The same majority assigned both vice chair roles to Plt nominees Flavia Mazzarella, who holds deputy duties, and Carlo Corradini.
- The move overturned Lovaglio’s late‑March removal and early‑April firing, which he had already challenged in court.
- Plt’s list secured 8 of 15 seats with 49.9% of meeting votes after support from Delfin, as minority directors resisted some committee posts and weighed complaints to Consob and the European Central Bank while markets in Milan inched higher.