The Olivetti PC Company has lost its chief executive a mere four months after he was appointed.
Alessandro Barberi ? who quit the firm ?to pursue other interests? ? will be replaced by Bernhard Auer until the group appoints a fresh CEO, which may not be an easy task.
Last week, the PC Company, which is now owned by investment group Piedmont, unveiled new financial measures when its majority shareholder, Centenary, negotiated credit with Merrill Lynch.
The Olivetti parent company still holds a stake in the PC Company, with Robert Colannino, a personal appointee of former chief executive Carlo De Benedetti, retaining a seat on the board.
No one at the Olivetti PC Co was available for comment.
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