Carlo De Benedetti Announces Step Down From Family Controlled Firms

MILAN - JANUARY 26: Italian financier Carlo De Benedetti arrives to Palazzo Mezzanotte for a press conference on January 26, 2009 in Milan, Italy. De Benedetti, who owns Gruppo Editoriale L'Espresso SpA, announced that he was stepping down as head of all of his many companies. De Benedetti, 74, owns stakes in L'Espresso, publisher of la Repubblica newspaper, car- parts company Sogefi SpA and generator company Sorgenia SpA. He also has shares in Sanita e Servizi and financial companies Jupiter and Oakwood. (Photo by Massimo Di Nonno/Getty Images)