Marco Cordeddu is the new CEO of Italia Independent

Marco Cordeddu is a manager with proven experience; he held top positions in leading companies in fashion, publishing, entertainment and automotive sectors, such as Canepa, De Agostini Publishing, Mikado Film and Fiat Auto. Mr. Cordeddu is currently Chairman of the industrial group Stalam S.p.A. His professional profile will be made available on the Company’s website.

The new Chief Executive Officer will immediately review and complete the Company’s business plan for the next five years, the approval of which has therefore been postponed to the next Board of Directors, which is to be convened within October 30. On that date, the Shareholders’ meeting of Italia Independent spa will take place for the resolutions per art. 2446 cod. civ.

“In thanking the shareholders for their trust, I take up this challenge with great enthusiasm, being certain to be able to contribute to the growth and development of the Company,” said CEO Marco Cordeddu. “Italia Independent’ strong points rely in its brand, innovation and product identity: we must leverage these factors and work hard but quickly, in order to achieve the results and market positions that we think we deserve and that our shareholders expect.”

“The strategic vision of the new CEO converges with our approach towards the consolidation of a new business model, focused on enhancing the specificity of the Italia Independent brand,” said President and Founder Lapo Elkann. “The commitment of all of us is now more than ever focused 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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