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Andrea Agnelli to resign from Stellantis board


The sports manager is the subject, in Italy, of a request for dismissal on trial, with eleven other ex-leaders, for alleged offenses on the finances of Juventus Turin.

Andrea Agnelli, under pressure from a judicial investigation into possible accounting fraud at Juventus Turin, will resign from the board of directors of Stellantis where he represented the family of the founder of Fiat, the car manufacturer announced on Wednesday.

Andrea Agnelli had resigned at the end of November from his mandate as president of Juventus Turin.

He is the subject, in Italy, of a request for dismissal on trial, with eleven other ex-executives of the club, for alleged offenses on the finances of Juve, listed on the stock exchange.

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The club is suspected of having manipulated the market by disseminating biased financial information but also of having produced invoices for non-existent transactions, over the period 2018-2021.

Andrea Agnelli, appointed for a four-year term in early 2021,

“will resign as a member of the Stellantis Board of Directors”

, according to a press release, which specifies that

“the resignation will take effect at the close of the annual general meeting. of the


in the spring.

The exact date has yet to be announced.

Read alsoItaly: Andrea Agnelli reconsiders his “not easy” decision to leave Juventus

Andrea Agnelli will also not be a candidate for re-election to the board of directors of Exor, the Agnelli family's investment company which brings together the various holdings.

He announced his decision to step down from all the functions he holds on the boards of Exor companies at the general assembly of Juventus Turin, held on Wednesday to elect his successor, Gianluca Ferrero, at the head of the club.

Source: lefigaro

All business articles on 2023-01-18

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