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Atlantia: residual payments to the former ad Castellucci suspended and refunds requested

The Board of Directors “expressed deep bewilderment and total disapproval of the conduct and statements that emerged in the precautionary measures order” and then underlined the “fundamental” need to “carry out with the utmost incisiveness the process of profound change already started in the course of 2019 “.

Therefore, legal initiatives have been launched to “verify the existence of conduct” that do not comply with the law, the code of ethics, company rules and regulations, regardless of their criminal relevance.

If they are ascertained, also on the basis of a verification of the judicial documents, then a series of measures will be triggered, from disciplinary measures, including the termination of the employment relationship, to the interruption of the payment of legal fees, from the exercise of any clauses claw-back to the request for further damages, including reputational.

Measures that will be taken in the event of a negative assessment of the disputed facts that will be triggered from now on for employees involved in criminal proceedings pursuant to a new internal policy “.

There is no lack of a tough stance towards Castellucci. The board has decided to suspend the payment of the residual amount of the severance pay of 13 million euros agreed with the former manager in the framework of the consensual termination agreement of 17 September 2019.

Not only. Atlantia aims to obtain the refund of the amount paid despite the Rome Labor Court having rejected the appeal against the suspension decided last December. Lastly, the company reserved the right to resort to further measures against Castellucci.

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