On September 29, 2021, Leonardo Del Vecchio announced that he has proposed changes to Mediobanca Banca di Credito Finanziario SpA's bylaws to grant more power to the lender's investors and board but has refrained from seeking management changes. Leonardo Del Vecchio stated that he wants to increase the number of independent directors within the Company and to remove a requirement in the Company's bylaws that mandates 2 or 3 directors need to be executives that have been with the Company for at least 3 years.