April 5, 2019 |
TIM Participações said it has named Pietro Labriola as its new CEO and also kept him on as a member of the board of directors.
Labriola replaces Sami Foguel, who had led the Italian telecommunications company in Brazil since July 2018. Labriola was COO under Foguel from December 2015 to August 2018. TIM did not say why Foguel left the company.
TIM has said it plans to grow revenues by 3% to 5% in 2019, after posting BRL17.1bn ($4.42bn) in sales last year. It also wants to get its EBITDA margin
Pietro Labriola replaces Sami Foguel at the head of the Italian telecom's business in Brazil