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Campari Group Begins New CEO Search as Fantacchiotti Steps Down

By October 22, 2024Top News

Matteo Fantacchiotti stepped down in September as Campari Group CEO after just five months in the role, which began in April. Fantacchiotti, who was promoted from his position as Managing Director of the group’s Asia-Pacific leg, cited personal reasons in a statement and expressed gratitude to stakeholders. Paolo Marchesini, Chief Financial and Operating Officer, and Fabio Di Fede, General Counsel and Business Development Officer, were tapped as interim Co-CEOs. They will also step in as executive members of a leadership transition committee, chaired by former CEO and now Non-Executive Director Bob Kunze-Concewitz, and will lead a search for a new CEO, along with remuneration and appointment committees. Campari also recently confirmed its purchase of a minority stake in Capevin Holdings Proprietary, the holding company of Bunnahabhain distiller CVH Spirits.

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