MILAN (Reuters) - Intesa Sanpaolo
Cucchiani, at the helm of Intesa since late 2011, has clashed with the chairman of the supervisory board and key shareholders, several sources with knowledge of the situation have told Reuters.
"The dice is cast," one of the sources said.
The second source confirmed the meeting of the management and supervisory boards had been called to discuss the position of the CEO.
Several people familiar with the situation have said Cucchiani may be replaced by his deputy Carlo Messina.
(Reporting by Paola Arosio, writing by Stephen Jewkes, Editing by Lisa Jucca)