Catholic earthquake The council revokes Minali

The board of directors has revoked the powers of Minali and assigned them to general manager Carlo Ferraresi. At the base of the board's decision there would essentially be differences with Minali on strategic vision and corporate organization, while there would be satisfaction with the financial results achieved by the manager. In particular, from environments close to the shareholders, it is noted that in recent years Cattolica has made important progress in corporate organization, also adopting monistic governance and welcoming among its members Warren Buffett, but still remains a cooperative with its own specific characteristics.