Italy's Engineering names former head of Vodafone's Italian unit as CEO

MILAN (Reuters) -Italian digital services provider Engineering has appointed the former head of Vodafone's operations in the country, Aldo Bisio, as chief executive after Maximo Ibarra stepped down following four years at the helm, it said on Monday. Engineering said Ibarra's decision to leave the tech company, which bankers have indicated is a potential listing candidate, was linked to personal reasons and came after results "that confirmed a very positive growth path". Engineering, jointly controlled by private equity firms Bain Capital and NB Renaissance, reported a 2024 adjusted core profit of 276 million euros, up 7.4% from the year before.