Ferretti Group has appointed Ferruccio Rossi as managing director to replace Giancarlo Galeone, who has ended his mandate after CEO Salvatore Basile’s sudden death.
Rossi has been Riva managing director and Ferretti Group country manager since 2005.
Norberto Ferretti becomes honorary chairman.
“We would like to particularly thank Norberto Ferretti, the group’s founder, for the extraordinary contribution to the management. I am glad that Norberto will continue his work with passion, in order to assure our brands of leadership in the luxury nautical sector at an international level, said Tan Xuguang, chairman of both Ferretti Group and SHIG-Weichai Group. SHIG-Weichai Group acquired control of Ferretti Group WHEN. “SHIG-Weichai Group confirms his commitment and his pursuit for the Ferretti Group expansion in Europe, America and Asia Pacific, namely international excellence and leading role in the nautical sector.”