Cavanna Company reorganization

With the aim of evolving towards an even greater management of its resources, without betraying its imprint as a family company, from 1 January 2021 Cavanna Group has formalized an important change at the top.         

Succeeding Giulio Cicognani, Riccardo Cavanna assumes the position of Chairman of the Board of Directors and Lead Strategist of Cavanna Group, becoming, in addition, the majority shareholder. The new president’s program includes the strategic development of the business and innovation projects (primarily in the field of sustainable materials for packaging and Industry 4.0), the strengthening of its presence in global markets and its network of partners.

Alessandra Cavanna instead leaves the position of Co-Chief Executive Officer, moving to the management of the family assets and remaining a minority shareholder of Cavanna Group.
Finally, Riccardo Ciambrone, who has been CFO of the Cavanna Group for 4 years, takes over the position of Managing Director.