BT’s Europe Chief Sciolla Resigns Amid Italy Accounting Scandal
- British carrier revamping management to recover from debacle
- BT disclosed "inappropriate behavior" at Italian business
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BT Group Plc’s continental Europe chief Corrado Sciolla has resigned as the fallout from an accounting scandal at the British phone carrier’s Italian unit spreads.
Sciolla, who spent more than a decade at BT in roles including head of Italy, resigned to pursue other opportunities, BT said in an e-mail Friday. Luis Alvarez, the head of BT’s global services division, is assuming Sciolla’s duties on an interim basis.