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Italia Independent, the new CEO is Marco Cordeddu

The current president of the Stalam industrial group was chosen by Lapo Elkann to succeed the outgoing Marco Pietribiasi.

Italia Independent, the new CEO is Marco Cordeddu

After the early resignation of Marco Pietribiasi, whose mandate lasted only 7 months, Italia Independent appointed the new managing director, co-opting him to the board: it is about Marco Cordeddu, who is entrusted with the delicate task of reviving the fate of Lapo Elkann's creature, recovering from a disastrous semester with accounts in the red.

Marco Cordeddu, explains the company note, "is a manager with proven experience, having held top positions in leading companies in the fashion, publishing, entertainment and automotive sectors such as Canepa, De Agostini Publishing, Mikado Film and Fiat Auto. Marco Cordeddu is currently president of the Stalam industrial group SpA Your professional profile will be made available on the company's website”.

The new CEO will be dedicated immediately the review and completion of the business plan of the company for the next five years, the approval of which has therefore been postponed to the next board of directors to be held by 30 October. On that date, the Italia Independent SpA shareholders' meeting will take place for the resolutions pursuant to art. 2446 code civ.

“In thanking the shareholders for their trust – declared the new CEO Marco Cordeddu -, I take up this challenge with great enthusiasm and with the certainty of being able to contribute to the growth and development of the company. Italia Independent has its strengths in its brand, innovation and product identity: we must leverage these factors and work hard but quickly to achieve the results and market positions we think we deserve and that our shareholders they expect".

“The strategic vision of the new CEO – added ithe president and founder Lapo Elkann – converges with ours towards the consolidation of a new business model focused on enhancing the specific features of the Italia Independent brand. The commitment of all of us is now more than ever concentrated on restoring value to our company and building a solid future for Italia Independent, for all our shareholders and for our existing and future customers”.

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