(Finance) – The board of directors from TIM proceeded unanimously to the co-optation of Massimo Sarmi as director to replace Frank Cadoret, who resigned on 16 November. Sarmi, who qualifies as a non-executive and holds 1,815 TIM shares, has been chairman of FiberCop since November, a company controlled by TIM and created to innovate the network infrastructure and to ensure the acceleration of the digitization process in Italy.
The new councilor has a long curriculum of positions in leading Italian companiesincluding president of Banca del Mezzogiorno, managing director of the group Italian postmanaging director of Siemens Italia, delegate of Confindustria for the dissemination of advanced digital services.
The one on the board is not the manager’s first professional experience at TIM. In 1998, he was called upon to hold the position of general manager of Telecom Italia. In 1995 it was the first general manager of TIM (Telecom Italia Mobile)the company born from the spin-off of the mobile radio division from Telecom Italia where Sarmi has worked since 1986 in increasingly complex roles, contributing to the development of innovative mobile and fixed telephony services.