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De' Longhi, the CEO leaves

Massimo Garavaglia abandons "for personal reasons"

The CEO of De 'Longhi, Massimo Garavaglia, will leave the post "for personal reasons", as announced in a press release from the group. The resignation will be effective from 31 August next and the company has started the procedures for the succession. In any case, the group recalled, the president Giuseppe de 'Longhi holds the same powers of ordinary and extraordinary administration that are vested...

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