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Marco Ferrari Named New CEO of the Illva Saronno Group
  • USA - English


News provided by

Colangelo & Partners

Jul 25, 2023, 12:30 ET

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Marco Ferrari
Marco Ferrari

NEW YORK (PRWEB) July 25, 2023 -- Marco Ferrari will be appointed CEO of Illva Saronno Group starting October 1st, 2023. Marco will be able to rely on the experience of Aldino Marzorati who will keep the position of President at the company until the approval of the 2023 financial statement in order to facilitate the transition.

"We are very pleased with the entry of Marco Ferrari into Illva Saronno Group. Marco is a manager with great experience, gained in multinational companies in the spirits and food sector, in which he has contributed to achieve a solid track record in terms of growth results," said The Reina family.

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The Reina family said: "We are very pleased with the entry of Marco Ferrari into Illva Saronno Group. Marco is a manager with great experience, gained in multinational companies in the spirits and food sector, in which he has contributed to achieve a solid track record in terms of growth results.

"We are confident that, under his leadership, Illva Saronno will continue its growth and will capitalize on what has been achieved so far under the guidance of Aldino Marzorati, whom I thank on behalf of the entire Board of Directors for what he has done for the Group. For almost 20 years he worked alongside Augusto Reina, historical leader of the Group, making a great contribution to the growth of our brands in the world, to then become the first CEO external to the Reina family."

Marco Ferrari has gained a very long international experience in the spirits sector, which began in 1996 in Bacardi first in Italy, then in the UK and finally with global roles. He moved to Fratelli Branca in 2008, then to Stoli Group in Luxembourg and finally landed in Gruppo Montenegro, where he held the position of Chief Executive Officer from 2014 to 2023.

Marco Ferrari said: “I am thrilled to join a solid and successful group like Illva Saronno Group. I think there are all the ingredients to continue guiding it towards long lasting growth. Illva Saronno Group has a history full of successes. I will commit myself to give my contribution to make it bigger and bigger in a very competitive market. I thank the Reina family very much for their trust and Aldino for the excellent condition in which he leaves this wonderful company."

Aldino Marzorati said: “I thank the members and all the stakeholders for having believed in me in over 20 exciting years. A period lived intensely with a lot of commitment and feeling a great responsibility, especially towards all the employees who accompanied me and allowed me to achieve exceptional results; I thank everyone for this exciting experience, which I never imagined I could have, and which I have proudly walked.

"After this long journey together, I agreed with the Board of Directors that the time was right to transition to a new leader capable of leveraging Illva Saronno's strengths and seizing the significant opportunities of the future.

"I leave to Marco a Group that has grown further over the years, solid and which will certainly be able to contribute to further growth, wishing him every personal and corporate success.”

*********
About Illva Saronno Group:
The Group manufactures and markets in more than 160 countries the world’s best-selling Italian liqueur: Disaronno Originale, the brands Tia Maria, The Busker Irish Whiskey, Corvo, Florio and Duca di Salaparuta wines and semi finished products for ice cream business with Disaronno Ingredient’s brands.

With reference to the financial statements closed on 31 December 2022, Illva Group recorded a turnover of 321.9 million euros with an increase of 18.5% compared to the previous year, and with a consolidated net profit of € 38.8 million, an increase of 25.4% compared to 2021, thanks also to heavy investments in research and development. At the end of 2022, the group employs 605 people worldwide.

Collin Smith, Colangelo & Partners, 908-229-3529, [email protected]

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