fortune 's top investors , who represent 15 % of the shares , have taken another step forward in pushing for CEO Federico Ghizzoni to be strengthened by asking UniCredit 's Chairman shareholder Vita to find ways to strengthen governance , according to reports . Ghizzoni is facing increased shareholder discontent over the company 's weak share price performance , stretched shareholder position and low profitability , when compared to its Italian rival , Intesa Sanpaolo .
UniCredit's top investors, who represent 15% of the bank, have taken another step forward in pushing for CEO Federico Ghizzoni to be replaced by asking UniCredit's Chairman Giuseppe Vita to find ways to strengthen governance, according to reports. Ghizzoni is facing increased shareholder discontent over the bank's weak share price performance, stretched capital position and low profitability, when compared to its Italian rival, Intesa Sanpaolo.