In a press release, the Piaggio Group announced the new composition of its management, appointed following the recent death of President and CEO Roberto Colaninno.
He is the founder and president of the American robotics company Piaggio Fast Forward. Since June 2022, he also holds the position of President of ACEM (Association des Constructeurs Européens de Motocycles), the European association of the motorcycle industry based in Brussels, in which currently all global motorcycle and scooter groups participate.
The Board of Directors of Piaggio & C. S.p.A., composed of 9 members – the majority of whom, namely 5 members, meet the independence requirements required by applicable regulations – is therefore composed of: Matteo Colaninno (Executive Chairman), Michele Colaninno (CEO), Graziano Gianmichele Visentin (Independent Director), Rita Ciccone (Independent Director), Patrizia Albano (Independent Director), Federica Savasi, Micaela Vescia (Independent Director), Andrea Formica (Independent Director), and Carlo Zanetti.
According to the law, the new director will remain in office until the next Annual General Meeting of Shareholders.
As of today, Carlo Zanetti does not hold any shares of Piaggio & C. S.p.A..