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Ferretti shareholders file rival board slates ahead of May 14 showdown

MILAN, April 20 (Reuters) - The two largest shareholders of Ferretti YACHT.MI on Monday filed rival slates of candidates for the renewal of the Italian yacht maker's board, setting the stage for a battle at the company's annual meeting on May 14.

Czech investor KKCG Maritime submitted a list of nominees including KKCG's founder Karel Komarek for president and proposing to confirm Alberto Galassi as chief executive.

The Czech firm, which last month increased its stake to around 23% of Ferretti's capital, said it wanted to overhaul the  firm's board, currently dominated by representatives of China's Weichai Group which has a 39.5% stake.

Weichai's slate contains no explicit nominee for the chief executive role, and proposes Tan Ning as chair.

 (Reporting by Elisa Anzolin, editing by Gavin Jones)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))

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