Italian Prime Minister Giorgia Meloni Pushes for Leadership Change at Leonardo Amid Soaring Shares
Italian Prime Minister Giorgia Meloni is advocating for a change in leadership at Leonardo, a major state-owned defense and aerospace company. This move comes as the company has experienced a significant increase in its share value, rising by 780% since Russia's invasion of Ukraine in 2022. The Italian government, which holds a 30% stake in Leonardo through the Economy Ministry, is expected to file a slate of board candidates by April 13. Lorenzo Mariani, a former executive at Leonardo and current managing director for Italy at missile maker MBDA, is a leading candidate for the CEO position. The potential leadership change is part of a broader round of appointments at state-controlled companies, including utility Enel and energy major Eni, as executives' contracts are set to expire soon. 
