Luigi Lovaglio, the CEO of Monte dei Paschi di Siena, has been excluded from the list of candidates for the board of directors set to be presented at a meeting today. After considerable indecision, the nominations committee decided to leave him out of the pool of future advisors. The decision came late last night, as there was no consensus among board members, and some seemed unwilling to take responsibility for potentially firing the CEO. Ultimately, it appears that the political and industrial dilemma facing Monte dei Paschi has been resolved, confirming earlier speculations about Lovaglio’s precarious position on the nomination list ahead of the April 15 assembly.