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Unicredit: agreement with Mustier, no severance pay

2020-12-21T18:31:49.565Z


The UniCredit board of directors has approved the conditions of the agreement for the consensual termination of the relationship with Jean Pierre Mustier. (HANDLE)


(ANSA) - MILAN, DEC 21 - The UniCredit board of directors has approved the conditions of the agreement for the consensual termination of the relationship with Jean Pierre Mustier. The current CEO, a note reads, "will leave the group without any good exit or any other termination indemnity, other than the mandatory ones due to the law / collective labor agreement as general manager", that is the " relationship'".


    Mustier also "waives any claim against the bank and the group, including any rights deriving from the Long Term Incentive Plan 2020/2023". (HANDLE).


Source: ansa

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