Sergio Girombelli out at Byblos. (president removed in restructuring) (Brief Article) From: Daily News Record | Date: June 9, 1992| Author: Costin, Glynis; Ilari, Alessandra | COPYRIGHT 1992 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

MILAN -- Sergio Girombelli has been removed as president of Byblos SpA.

Donatella Girombelli, president of Gruppo Genny SpA, the parent company, said Monday that his departure was "a company decision" and part of a restructuring plan.

In a telephone interview from Genny's Ancona headquarters, Donatella Girombelli -- who is Sergio Girombelli's sister-in-law -- said: "With the restructuring of the company, I will personally handle the operations of Byblos. I wa...