Business · Companies · 8 hrs ago
Fabio Vaccarono steps down as Multiversity executive chairman
Fabio Vaccarono has resigned as Multiversity’s executive chairman while an investigation into online universities is under way in Italy.
He told the company’s board he wanted to give the time and attention needed to clarify his position.
Vaccarono says he is entirely unconnected to the allegations under investigation.
The inquiry also involves executives at publishing companies and directors of newspapers and websites.
Multiversity’s board has kept its other leaders in place: Francesco Durante remains chief executive, and Luciano Violante remains honorary chairman.
The company says compliance work introduced during Vaccarono’s tenure helped uncover suspected irregularities, which were reported to the authorities.
The investigation is continuing, but no further steps are specified.
Fabio Vaccarono has stepped down as executive chairman of university group Multiversity.
He told the board he wanted to dedicate the time and attention needed to clarify his position in a recent investigation into online universities.
Vaccarono reiterated that he was entirely unconnected to the allegations under investigation.
Multiversity’s board accepted his resignation and confirmed that Francesco Durante remains chief executive and Luciano Violante remains honorary chairman.
The company said compliance activities introduced during Vaccarono’s tenure helped identify alleged irregularities that were reported to the authorities.
- Who
- Fabio Vaccarono, Multiversity’s executive chairman, stepped down.
- What
- He resigned while an investigation into online universities is ongoing. He said he wanted to clarify his position and denied involvement in the allegations.
- When
- The article was published on October 29, 2026.
- Where
- Multiversity; the article does not state a more specific location.
- Why
- Vaccarono said he wanted to dedicate the necessary time and attention to clarifying his position in the investigation.
This story does not have two clearly opposing sides.
Vaccarono communicated his decision to step down to Multiversity’s board.
The board accepted his resignation and confirmed the existing governance arrangement.
- Resigning executive chairman
- Fabio Vaccarono
- Company
- Multiversity
- Chief executive
- Francesco Durante
- Honorary chairman
- Luciano Violante
- Article publication date
- October 29, 2026
1 source
What people are saying
dedicate the time and attention needed to clarify my position
It was a privilege to lead Multiversity’s transformation and growth