PRESS RELEASE Under the terms of CONSOB Resolution 11971/99 and subsequent amendments and additions
New Board of Directors roles at GEDI: John Elkann, Chairman Maurizio Scanavino, Chief Executive Officer and Director General Maurizio Molinari appointed Editor-in-Chief of la Repubblica and Group Editorial Director
New directors Turi Munthe, Pietro Supino and Enrico Vellano also coopted to the Board Massimo Giannini appointed Editor-in-Chief of La Stampa and of GNN; Linus Editorial Director of the radio business; Mattia Feltri Editor of the Huffington Post.
Rome, 23 April 2020 – The Board of Directors of GEDI Gruppo Editoriale S.p.A., following the finalisation of the sale and purchase of the Company’s shares as communicated today by CIR S.p.A. and by EXOR NV, announces that Laura Cioli, Rodolfo De Benedetti, Francesco Dini e Monica Mondardini have submitted their resignations as directors of GEDI.
Having thanked the outgoing directors for their services to the Company, the Board co-opted as new directors Turi Munthe, Maurizio Scanavino, Pietro Supino and Enrico Vellano. The resumés of the new Board members are available for consultation on the Company’s website (www.gedispa.it).
The newly constituted Board then nominated John Elkann as Chairman and conferred on Maurizio Scanavino the title of Chief Executive Officer and Director General, wishing him well in his new role.
The Board also appointed Maurizio Molinari as Editor-in-Chief of La Repubblica, succeeding Carlo Verdelli, to whom it expressed its gratitude for his work over the past year and full solidarity for the threats he has personally received. Maurizio Molinari was also appointed Editorial Director of the GEDI Group: in this new role, Molinari will be responsible for maximising the journalistic strength, the editorial products and the intellectual capital of the Group also through the development of innovative and multimedia projects.
Massimo Giannini will become Editor-in-Chief of La Stampa and of GNN (the GEDI Group’s network of local newspapers), which will ratify the appointment; Pasquale di Molfetta (Linus) will become the Editorial Director of the Group’s radio business, that unites all of the Group’s radio channels; and Mattia Feltri will become Editor of the Huffington Post, and will continue to author the Buongiorno column of La Stampa.
GEDI Gruppo Editoriale S.p.A. Share Capital € 76,303,571.85 fully paid-up — Economic and Administrative Index Via Cristoforo Colombo, 90, 00147 Rome, Italy (R.E.A.) Rome no.192573 VAT no. 00906801006 Tel. +39 06 84781 Fax. +39 06 84787371 Tax ID code and registration Rome Companies’ Register No. 00488680588 www.gedispa.it
Chairman Elkann commented: “The decisions we have taken today establish the foundations of a clear and coherent organisational structure, an indispensable first step towards meeting the ambitious objectives we have set ourselves. The road ahead will be a demanding and extraordinary one: with courage and a strong sense of responsibility, we have chosen to embrace innovation and digital transformation, to write together the future of high quality journalism and entertainment. The founding principles of our group will not change: we will continue to defend freedom of expression and will dedicate ourselves to guaranteeing responsible news that is free of any conditioning influence. Enduring values together with new ideas will be our strength and the point of reference for all those working in GEDI.”
CONTACTS: HEADQUARTERS EXTERNAL RELATIONS Stefano Mignanego Tel.: +39 06 84787434 e-mail: [email protected] www.gedispa.it
GEDI Gruppo Editoriale S.p.A. Share Capital € 76,303,571.85 fully paid-up — Economic and Administrative Index Via Cristoforo Colombo, 90, 00147 Rome, Italy (R.E.A.) Rome no.192573 VAT no. 00906801006 Tel. +39 06 84781 Fax. +39 06 84787371 Tax ID code and registration Rome Companies’ Register No. 00488680588 www.gedispa.it