By Donato Paolo Mancini

Telecom Italia's (TIT.MI) board has revoked all powers from Chief Executive Officer Amos Genish with immediate effect, the company said Tuesday.

The move is the culmination of a monthslong tug of war between main shareholders Vivendi SA (VIV.FR) and Elliott Management Corp.

The president of the board will take over in the interim, Telecom said, and a board meeting has been called for Nov. 18 to choose a new CEO.

The board at Telecom is controlled by Elliott. Mr. Genish was appointed to his role by Vivendi.

Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com; @donatopmancini

(END) Dow Jones Newswires

November 13, 2018 04:05 ET (09:05 GMT)

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