MILAN (Reuters) - Camfin, a holding company controlled by Marco Tronchetti Provera, will name Andrea Casaluci as Pirelli's future CEO.

This was stated in a note from the holding company, which formalized that Giorgio Bruno, now deputy CEO and previously designated as Ceo of the tire company, will leave the group "to undertake his own professional path."

Tronchetti Provera will be designated by Camfin as executive vice chairman, the note said.

Casaluci, 50, who has been with Pirelli since 2002, has been the company's General Manager Operations since 2018.

News of Bruno's farewell was anticipated by Bloomberg. Pirelli's stock following the indiscretion lost ground and as of 3:45 p.m. gave up 2.10 percent, above the day's lows.

Bruno had been designated to replace Marco Tronchetti Provera, who has led the company since 1992, starting at the next shareholders' meeting scheduled for late July.

However, the agreement will have to be modified after the Italian government decided in recent days to impose limitations on Chinese influence over Pirelli using the golden power instrument.

The government has concluded that any changes to the company's corporate governance, including not renewing or signing the shareholders' agreement, will have to go through its go-ahead. Rome also ruled that only Camfin can name Pirelli's CEO candidates.

The government then decided that Sinochem will not be able to choose more than eight out of 15 members of Pirelli's board of directors, leaving four to Camfin.

(Giulio Piovaccari, Gianluca Semeraro, editing Claudia Cristoferi)