Finmeccanica's Moretti Said to Be Candidate as Industry Minister
- Italian Premier expected to pick new minister later this month
- Moretti has been at head of the defense company for two years
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Mauro Moretti, chief executive officer of Italian defense company Finmeccanica SpA, is in the running for the post of Italy’s industry minister, according to four people familiar with the matter.
Prime Minister Matteo Renzi is expected to appoint a successor this month to replace Federica Guidi, who resigned over an alleged conflict of interest on March 31. Moretti is being considered along with other candidates, according to the people, who asked not to be named because they’re not authorized to speak publicly on the appointment process.