Italian Government Replaces Leonardo CEO Amid Strategic Shift
The Italian government has replaced Roberto Cingolani as CEO of Leonardo, a major defense company, with Lorenzo Mariani. This decision comes as Cingolani's focus on non-kinetic products was seen as misaligned with current global defense needs. Mariani, who previously held various roles at Leonardo, is expected to steer the company towards more traditional armaments programs. Cingolani's tenure saw a significant increase in Leonardo's share price and new industry partnerships, but the government opted for a change in leadership to better align with defense priorities. 
