Brembo and Illy, two icons of Italian family capitalism, change the helmsmen. Alberto Bombassei, founder and president of Brembo, a jewel of the Italian manufacturing industry that produces cutting-edge brakes with very important projections on international markets (China in the lead), announced that, at the age of 81, the time has come to to step back. In the assembly of next December 17, Bombassei, former number 2 of Confindustria and then parliamentarian of the Montiana Civic Choice, will leave the office of president and the related powers to his son-in-law Matthew Tiraboschi, and will become president emeritus. Daniele Schillaci will be the CEO.
Another important novelty comes from Illycaffè, the flagship of the Illy family which has decided to call the young manager Cristina Scocchia, 48 years old, at the helm of the company with the presumable intention of taking it to the stock exchange. Scocchia, who was up to now the CEO of Kiko (cosmetics) of the Percassi family and was previously at the top of L'Oreal Italia, takes over from Maximilian Pogliani, who had been at the head of Illycaffè for five years. Scocchia has also been on the board of Leonardo Del Vecchio's Essilor Luxottica for years.
Those of Brembo and Illycaffè are not isolated cases but the signal that, after the pandemic, the leading companies of Made in Italy are preparing to restart, renewing the management, looking at the Stock Exchange and aiming to strengthen themselves on international markets.
