Rome, 5 September 2014 – The Board of Directors of Alitalia has today resolved to formally designate Mr. Silvano Cassano as the future Chief Executive Officer of the “New Alitalia”.
Mr Cassano will take up the position immediately after the closing of the Transaction Implementation Agreement entered into by Alitalia and Etihad Airways on 8 August 2014.
The closing will take place following the completion of the regulatory approval process.
Alitalia and Etihad Airways identified Mr Cassano as the most suitable candidate after appropriate consultation.
Mr Cassano has more than 35 years of experience in senior management roles across a number of industries.
He has also served as Chairman and CEO of Italian shipping company Grandi Navi Veloci, CEO of global fashion brand Benetton Group, CEO of Fiat Auto Financial and Consumer Services, and Vice President European Operations at Hertz Europe.