Following the death of Piaggio chairman and CEO Roberto Colaninno, the company has promoted his son, Michele Colaninno, to assume the role of CEO. Prior to being promoted as CEO, Michele served as the chief executive of global strategy, product, marketing, and innovation.
Roberto Colaninno’s passing on August 19, 2023, resulted in Piaggio’s board of directors needing to reformulate the corporate governance structure. Following recommendations from shareholders, Michele Colaninno assumed the role of CEO, holding mostly the same powers and responsibilities that he had in his previous role. Furthermore, Carlo Zanetti has now been appointed as a new non-executive director, resulting in the number of board members remaining unchanged.
