ITA shareholders named the new board
following its merger with Lufthansa on Wednesday naming Sandro
Pappalardo chairman and Joerg Eberhart CEO. The board is:
Antonella Ballone, Eberhart, Lorenza Maggio, Pappalardo, and
Efrem Angelo Valeriani. Paolo Ciabattoni, Angela Florio and
Federico Testa were named as board of auditors, with Florio
appointed chairman. The German airline took 41% of ITA in the
merger, which is set to be closed by shareholders Thursday.
Eberhart, the new CEO, said: "I am proud and honored to have
been appointed to this prestigious role. "After more than two
years of hard work, this new phase in the history of the Company
will allow us to strengthen our position and develop strategic
synergies that will enhance the growth and solidity of ITA
Airways as a reference Italian carrier, ready to guarantee the
country greater connectivity and passengers a wider choice of
destinations, with a renewed vision of development, innovation
and sustainability".
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