Juventus has officially announced the formation of its new Board of Directors, with a major development being the appointment of a representative from Tether, the club’s second-largest shareholder. Francesco Garino, the candidate proposed by Tether, will serve as the company’s first member on the Juventus board.
The inclusion marks a milestone for Tether, which holds over 11% of Juventus’s shares, making it one of the most influential minority stakeholders. Paolo Ardoino, Tether’s Chief Executive Officer, celebrated the news publicly, expressing pride and optimism over this development.
On social media, Ardoino wrote that Tether had secured its first seat on the club’s Board of Directors, thanking minority shareholders for supporting the company’s involvement. He described the achievement as “the first necessary step towards MJGA – Make Juventus Great Again,” underlining Tether’s intention to play an active role in the club’s future direction.
Francesco Garino, chosen from a shortlist that also included Zachary Lyons, is a globally recognised orthodontics professional based in Turin. His profile brings a distinct perspective to the board, combining local roots with international experience.
The shareholders’ meeting also began with remarks from John Elkann, CEO of Exor, Juventus’s majority shareholder. Elkann welcomed an open and collaborative approach, acknowledging Tether’s presence by stating, “We have always been open to constructive ideas from all stakeholders who share our ambition and passion for Juventus.” His comments suggest a willingness to foster greater alignment among the club’s key investors in pursuit of long-term stability and growth.
