Sky Italia Chief Is Resigning to Run Bain-Backed Tech Firm
Bloomberg 4 hrs ago Daniele Lepido
(Bloomberg) Maximo Ibarra, the head of Comcast Corp.’s Sky Italia, is stepping down to take the top role at Engineering Ingegneria Informatica SpA, an Italian tech firm backed by Bain Capital.
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Engineering Ingegneria Informatica announced the move in a statement late Tuesday, confirming a Bloomberg report. The company will vote to confirm Ibarra’s appointment at its annual meeting on April 29. It also plans to make him a partner.
Ibarra, who took over at the Italian pay-TV company in October 2019, will leave Sky at the end of July. Last month, the executive failed to win a TV rights deal with the top Italian soccer league, ending Sky’s almost two-decade era as the main domestic broadcaster of one of the world’s most prestigious tournaments.