All of the members of the
board of directors of Ferrovie dello Stato Italiane (FS) have
quit, the Italian rail network company said in a statement on
Thursday.
The government this week announced plans to sell a stake
of up to 40% in FS.
Economy Minister Pier Carlo Padoan thanked outgoing FS
president Marcello Messori, CEO Michele Elia and the rest of the
board for their work and said he would soon appoint a new board
to guide the company through the partial privatization process.
"I will move quickly to appoint the management tasked with
leading the company through the development process formally
launched with the decree that the government approved this
week," Padoan said.
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