Ferretti Group CCO Stefano de Vivo Steps Down

Ferretti S.p.A. (HK:9638) has released an update.

Ferretti Group has announced the departure of Stefano de Vivo, its Chief Commercial Officer, who over a decade has played a key role in increasing the company’s revenues fourfold. De Vivo will transition to a CEO role at his Family Office but will continue to provide technical consultancy for Ferretti’s Wally Sail business. The Group is set to continue its growth trajectory, backed by a solid management team and a succession plan already in place.

For further insights into HK:9638 stock, check out TipRanks’ Stock Analysis page.