Sundial in the chaos, resigned to the Scaramella: differences with Aga … – The Messenger

Turn sensational to Meridiana. The CEO Roberto Scaramella has resigned from office this evening and from all other positions held in the group during a Board meeting in extraordinary Olbia.

Breaking the news the company speaks of “resignation for personal reasons,” but the background is all in the difficult negotiations on the 1,634 job losses announced by the airline. According to what has been learned, in fact, between the manager and the controlling shareholder, the fund AKFED of Prince Aga Khan, would be highlighted sharp differences over the line to restoration of the carrier. Scaramella had wanted to carry on the same restructuring and investment to revive the company, designed the plan he put pen to paper with various steps.

After the restoration with the painful job losses, the For the former project included the re-launch through an injection of fresh money, at least tens of millions of Euros, to ensure the future and the development of the second Italian airline. Money that, unless of second thoughts, if not come to a small extent. The substantial rejection of the second phase of the plan has produced a rift exists between Scaramella and Prince, which resulted in the final divorce between the two. Confirmed, however, serves as Chairman Marco Rigotti.

Instead of Scaramella with the title of executive vice president was named the Irish Richard W. Creagh who will be joined by two consultants, Colin Smith – indicated as his right arm – the economic and financial management, and Fabian Bachrach, specializing in the acquisition and sale of aircraft. The Board has also completed assignments appointing Ivan Pippobello and Domenico Mazza respectively Accountable manager of Meridiana fly and Air Italy. Creagh will now have to deal with on redundancies and the continued restructuring: Board of Directors has in fact fully confirmed the mobility procedure reaffirming the mandate to reduce costs, the recovery of competitiveness and financial stability. The table is re-opened today in Antalya with the maintenance sector, tomorrow shooting with pilots and flight attendants.

Thus ends the era of Scaramella: the manager leaves his post after nearly two years in the middle of a dispute that saw the company undertook to deal with the ‘Red budgets. His admirers credit him with having reduced losses from 120 million in 2012 to about 50 in 2014. An estimated obstacle course and a strong exposure in recent months has garnered heavy threats and intimidation.

 November 18, 2014 22:48 – Last Updated: 23:13

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