Enrico Bondi, the government-appointed administrator who took over the running of Parmalat after the Italian dairy giant collapsed in December 2003, might be unopposed in his bid to stay on as chief executive.
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Many large shareholders who are not already behind Bondi decided at the weekend not to submit rival candidates for the forthcoming elections to the Parmalat board, reported the Financial Times.
Bondi is top of a list of nominated possible directors coordinated by Lehman Brothers on behalf of a group of shareholders.
Parmalat recently relisted, a major step on the road to recovery after it collapsed amid a massive fraud scandal almost two years ago.
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By GlobalData
