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Correction – Giorgio Bruno not yet Pirelli CEO

Author: Stephen Goodchild Comments: 0
Photo: Tyrepress.com / Stephen Goodchild

Although the Pirelli & C. SpA Renewal Shareholders’ Agreement came into force on 19 May 2023, Italy is still using its Golden Power Decree to look closely at shareholder China National Tire & Rubber Corporation, Ltd. The full implementation of the Renewal Shareholders’ Agreement and its application to all parties is being delayed until this process is concluded.

This means our reporting of Giorgio Bruno taking over as Pirelli’s chief executive officer, posted on Tyrepress.com this afternoon, was premature. Tyrepress.com apologises for any confusion or misunderstanding that this has caused.

Related news:

  1. Pirelli shareholders amend agreement, some parties end co-investment accord
  2. Pirelli governance remains unchanged pending agreement renewal
  3. Golden Power: Pirelli plans to postpone Board nomination
  4. Pirelli a Main Sponsor of World Ski Championships
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