Finmeccanica board meets and makes management changes

The board of directors of Finmeccanica, parent company of AgustaWestland have made a number of senior management changes.

The Finmaccanica board under the chairmanship of vice chairman Admiral Guido Venturoni have made a number of significant senior management changes at a number of the parent company’s subsidiaries.

The board has nominated that Daniele Romiti become chief executive officer of AgustaWestland, replacing Bruno Spagnolini. This nomination will be submitted to the board of directors of AgustaWestland over the next few days.

Finmeccanica is determined to continue with the implementation of the restructuring plan of the Group, in particular in some areas of activity.

With these and other changes being proposed, the board of directors of Finmaccanica may postpone the shareholders meeting scheduled for the 13 – 16 May 2013 and hold it no later than 29 June 2013.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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