Paschi Investor PLT Proposes Lovaglio as CEO in Alternative List

Banca Monte dei Paschi di Siena SpA shareholder PLT Holding submitted a slate of candidates for the bank’s board renewal, proposing outgoing Chief Executive Officer Luigi Lovaglio for a new...

By Sonia Sirletti · Bloomberg

Banca Monte dei Paschi di Siena SpA shareholder PLT Holding submitted a slate of candidates for the bank’s board renewal, proposing outgoing Chief Executive Officer Luigi Lovaglio for a new term in a move that could set up a showdown over leadership weeks before a pivotal shareholder vote.