Italy’s Meloni Ousts Leonardo CEO Cingolani

Italian Prime Minister Giorgia Meloni ousted the chief executive officer of state-backed aerospace and defense contractor Leonardo SpA, Roberto Cingolani, and replaced him with Lorenzo Mariani. The government renewed the terms of Eni SpA CEO Claudio Descalzi and Enel SpA’s Flavio Cattaneo for another three years. Bloomberg’s Alessandra Migliaccio reports.