MARR: Ugo Ravanelli appointed Chief Executive Officer. Pierpaolo Rossi maintains the position of Director with powers for the management of the areas of Administration, Finance and Control.
Press Release
MARR: Ugo Ravanelli appointed Chief Executive Officer. Pierpaolo Rossi maintains the position of Director with powers for the management of the areas of Administration, Finance and Control.
Rimini, 13 September 2013 - The Board of Directors of MARR S.p.A. (Milano: MARR.MI), called today, accepted the resignation, for personal reasons, of Pierpaolo Rossi from the role of Chief Executive Officer. Pierpaolo Rossi remains Director, Member of the Board, with powers - assigned by Board of Directors of today - for the management of the areas of Administration, Finance and Control.
The Board of Directors has appointed as Chief Executive Officer Ugo Ravanelli, who maintains the position of Chairman.
Pierpaolo Rossi, 50 years of age, operates within MARR since over 25 years and was CFO of the MARR Group since 2008 until June 2012 when was appointed Chief Executive Officer.
Ugo Ravanelli, 59 years of age, in MARR since 1993, was Chief Executive Officer from 1995 until June 2012. In June 2011 he had been appointed Chairman of the Board of Directors, position already held from 2000 until the listing of MARR (June 2005).
For information, Ugo Ravanelli and Pierpaolo Rossi, as of today, hold no. 136,806 and no. 36,341 shares of MARR respectively.
MARR (Cremonini Group), listed on the STAR segment of the Italian Stock Exchange, is the leading Italian company in the specialised distribution of food products to the foodservice and is controlled by Cremonini S.p.A..
With an organisation comprising more than 650 sales agents, MARR serves over 38,000 clients (mainly restaurants, hotels, pizza restaurants, holiday villages and canteens), with an offer that includes 10,000 food products, including seafood, meat, various food products and fruit and vegetables.
The company operates nationwide through a logistical-distribution network composed of 33 distribution centres, 5 cash & carry, 4 agents with warehouses and more than 700 vehicles.
In 2012, MARR achieved total consolidated revenues amounting to 1,260.0 million Euros, consolidated EBITDA of 90.1 million Euros and a Group net profit – after the minorities - of 48.3 million Euros.
For more information about MARR visit the company’s web site at www.marr.it
Press contact Investor relations
Luca Macario Antonio Tiso
lmacario@marr.it atiso@marr.it
mob. +39 335 7478179 tel. +39 0541 746803
Download