Mps, the case of former CEO Fabrizio Viola: the bank wants part of the salary back

by time news

Mps, former CEO Fabrizio Viola: the bank wants back part of the salary (725 thousand euros)

The board of Monte dei Paschi di Siena asked back part of his former CEO’s salary, Fabrizio Viola, as revealed by Republic, but this “has no bearing on the issue of liability actions”, explains the bank in a note.

“The measure”, he specifies, “was proposed by the competent corporate functions, has no bearing on the issue of liability actions, is exclusively precautionary and was necessary due to the expiry of the contractually envisaged forfeiture period “. In the article we talk about 725 thousand euros, which are the deferred payment of the former manager’s termination allowance. The contract included “clauses of recourse”.

You may also like

Leave a Comment