The post Tether Pushes for Juventus Influence with Two Board Nominations appeared on BitcoinEthereumNews.com.

TLDR Tether has nominated two candidates to join the board of the Italian football club Juventus. The nominees include Tether’s deputy CIO Zachary Lyons and orthodontist Francesco Garino. Tether currently holds a 10.7% stake in Juventus, following investments made in February and April. The company stated that it aims to enhance corporate governance and minority representation within the club. Juventus will vote on the board nominations during a shareholder meeting scheduled for November 7. The nominations follow the resignation of the entire Juventus board in 2022, after allegations of financial fraud. Tether has nominated two candidates to the Juventus board as it seeks a stronger influence in the club’s management. The company proposed deputy CIO Zachary Lyons and Francesco Garino, an orthodontist and lifelong Juventus supporter. The nominations come ahead of a key shareholder meeting scheduled for November 7. Tether Seeks Deeper Role in Juventus Governance Tether aims to gain a stronger footing in Juventus after acquiring a 10.7% stake earlier this year. The company made two investments in the club, in February and again in April, signaling its long-term plans. Now, it moves to influence decisions by proposing names for the board. The stablecoin firm nominated Zachary Lyons, its deputy chief investment officer, as a representative on the board. In addition, Tether proposed Francesco Garino, an orthodontist and noted supporter of the club. Both nominations reflect Tether’s desire for diverse representation in Juventus governance. Tether stated, “We have made suggestions to be voted in the assembly in order to adopt best-in-class corporate governance.” It further emphasized the need for “representation of minorities” in the club’s future structure. The proposals come amid broader reforms following past controversies at Juventus. Juventus Faces Pressure After Scandals The nominations follow a turbulent period for Juventus, which has faced scrutiny over financial misconduct. In…

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Filed under: News - @ October 17, 2025 2:24 am