Ferretti (09638): Redefining the marketing and communications structure

Zhitong Finance App News, Ferretti (09638) issued an announcement to restructure its marketing and communications structure with the aim of strengthening its international business layout, improving operational efficiency, and ensuring a more integrated approach between the Group's iconic brands and the global market.

As part of this restructuring, the Group has decided to remove the position of Chief Communications Officer and therefore terminated the contractual relationship with Mr. Enrico Sgarbi, who currently holds that position.

The decision is part of a broader organizational transformation process within the Group, which involves the establishment of a new department (expanded in terms of both manpower and professional capabilities), which will play a central strategic role in the communication process throughout the customer journey, covering customer analysis (marketing) and customer interaction, and through brand communication and related brand extensions.