Friday, July 31, 2015

Rai, cda to 7 and the superpowers to: so changing governance – The Messenger

A Board to 7 members and superpowers to the CEO. Here in a nutshell the main innovations of the bill passed by the Senate and now goes to the House.

The current Board of Viale Mazzini has 9 members, 7 of which are elected by the Supervisory Board and two designated by the Treasury. It will pass two chosen by the House, two from the Senate, two from government and one from the employees of the company (novelty). RAI President will be elected by the board but will need to be ratified by two thirds of the Supervisory Board.

Currently the chief executive is chosen by the executive and has no voting power. With the reform, to get a real indicated by the government, appointed by the Board (to which it belongs in all respects, with voting power) and who shall hold office for three years.

Especially important powers of the ad. Appointment of directors of the network, tested, the channel and second level managers. The board can only give an opinion (required but not binding). For managers tested the opinion becomes binding if the 2/3 (ie 5 out of 7 members) of the board are opposed. The CEO also has the power to sign contracts independently up to 10 million euro.

Another new key: the livenziabilità vertex of Viale Mazzini. The board members are removable on a proposal of the shareholders of the state television (Ministry of Economy and SIAE) and following “favorable opinion” by the Supervisory Board. The ad will be removed by the Board that appointed it felt always the shareholders’ meeting. In case of dismissal (before the expiry of the mandate which lasts three years) will be entitled to compensation equal to “three twelfths of the annual remuneration.”

The introduction of the ban to sell more than 10 percent of Rai to private capital, if you want o maintain concession of the state. Within one year of the entry into force of the reform, the government will also adopt a “consolidated broadcasting”, envisaged by the law Gasparri and never implemented, setting out “criteria of reorganization and simplification of existing legislation, the definition of the tasks of public service with respect to the different technology platforms, taking into account the technological innovation and the convergence of distribution platforms. “

             Friday, July 31, 2015, 10:51 – Last Updated: 11:29
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