Italy Is Set to Name New Leonardo Chief as Soon as This Week

Italy is set to name a replacement for Leonardo SpA Chief Executive Officer Roberto Cingolani as soon as this week, according to people familiar with the matter, capping weeks of negotiations over the key corporate appointment.

Alessandro Ercolani of Rheinmetall Italia and Stefano Donnarumma of Ferrovie dello Stato Italiane SpA are among the leading contenders to run Italy’s largest defense company, alongside internal candidates, the people said.