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  "documentTitle": "TIM S.p.A. (Telecom Italia) (TIT)",
  "authorId": "23_Bluebell_Capital",
  "authorName": "Bluebell Capital Partners",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-04-11 00:00:00",
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  "pageNumber": 8,
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  "notes": "The slide uses a comparative bar chart to frame the CEO as an underperformer.",
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      "kind": "callout",
      "text": "While Mr. Labriola's performance is not unique in the recent history of TIM, his performance has been the worst of all last 5 CEOs.",
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      "kind": "chart",
      "text": "Total Shareholder Returns of key European Telecom Operators",
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      "text": "Performance of last 5 CEOs",
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      "text": "While Mr. Labriola's performance is not unique in the recent history of TIM, his performance has been the worst of all last 5 CEOs. Mr. Labriola has led a strategically flawed operation. The deal has been negotiated with total disregard for shareholders. The current CEO and CFO were unable to reconcile the net financial position.",
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      "text": "Total Shareholder Returns: (44%)",
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      "kind": "source-note",
      "text": "Source Bloomberg data as of 9 April 2024. Total shareholder returns calculated in Euros, assuming dividend re-investment in the security. TSR calculated while holding the TIM CEO role",
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      "text": "The evaluation of current CEO is objective and expressed by the market",
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      "kind": "title",
      "text": "Why voting AGAINST the exiting Board slate (1/2)",
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