All articles tagged with #governance crisis
Concacaf president Victor Montagliani urged FIFA chief Gianni Infantino not to attend the CFU Under-14 Series in the Dominican Republic, saying his presence would distract from the event’s technical focus amid FIFA governance turmoil; Infantino, criticized over his Fifa Forward Enterprise plan, remains a controversial figure with mixed support from football bodies.
Jean-Pierre Mustier, former CEO of UniCredit, is taking over as chairman of crisis-hit French IT consulting group Atos, as the company seeks to secure a contested deal with Czech tycoon Daniel Kretinsky. Mustier's appointment comes after Atos dropped plans to split the company and instead opted to sell its largest division, Tech Foundations, to Kretinsky. The deal has faced criticism from minority shareholders and French politicians. Atos shares initially jumped by over 20% but later reversed course. If the deal with Kretinsky fails, Atos may need to consider selling additional assets or accessing debt and equity markets to safeguard liquidity.