When Telecom Italia on Sunday named Luigi Gubitosi as its new chief executive officer, it handed Paul Singer a big victory in his struggle to remake the troubled company. Bloomberg had reported that Gubitosi was to be selected.

The board, filled with directors representing Singer’s Elliott Management hedge fund, chose former Merrill Lynch honcho and turnaround specialist Gubitosi to succeed Amos Genish, who was removed Nov. 13 for resisting Singer’s urge to spin off the landline network.

The move represented a defeat for Telecom Italia’s biggest shareholder, Vivendi, which opposed both the spinoff and Genish’s removal, Bloomberg reported.

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