CSTD News / Contemporary Stone & Tile Design Magazine

Marazzi Groups hires new Managing Director

October 23, 2012
/ Print / Reprints /
ShareMore
/ Text Size+
The Board of Directors of Marazzi Group, global leader in design, manufacturing and sale of ceramic and porcelain stoneware flooring and wall tiles, has appointed Andrea Sasso as new Managing Director of the Marazzi Group.

andrea sasso

Andrea Sasso has just been appointed as Marazzi Group's new Managing Director. 

At the same time Filippo Marazzi, major shareholder and President of the Group delisted in 2008 along with Permira Funds and Private Equity Partners, will remain a valuable point of reference and strategic guidance.

Maurizio Piglione, after successfully completing his task to reorganize and revitalize the Group in a complex market situation, has resigned as CEO of the company, a position he has held since 2009, ready for new professional challenges. The appointment of Sasso follows the wake of Piglione’s good work and is part of a consistent path of management growth that the company has been following for several years, which has allowed the Group to continue to improve its economic and financial results.

Sasso is leaving Elica Group, a world leader in the field of kitchen range hoods where he has been Managing Director since 2007. Sasso’s previous experience includes the Merloni Elettrodomestici Group/Indesit Company -- where from 1990 he held positions of increasing responsibility, eventually being appointed Chief Operating Officer and Chief Commercial Officer -- and later Pirelli Tyre, where he served as Country Manager for Italy.

He graduated in Economics and Commerce from the Università Politecnica delle Marche, International Executive Program at Insead (Fontainebleau and Singapore), and is a member of the Young Presidents' Organization and a member of the Board of Directors of Elica and of iGuzzini Illuminazione.

“Despite the crisis that has hit our industry and the economy in general, our Group has been able to grow and to succeed on the international markets by focusing on quality, innovation and education'" said Marazzi. "We deserve Maurizio Piglione our sincere thanks for the work he has done over these years and we wish him to continue brilliantly his career through new managerial challenges.

"Andrea Sasso has been appointed to head the further development of the Group." he continued. "Having successfully repositioned its product in the medium-high segment of the market and upgraded its European manufacturing footprint, the challenge now is to take full advantage of growth opportunities in the European markets, while continuing our exceptional growth in the Russian and U.S. markets. With Sasso, we have a manager of extensive experience and proven ability who will be able to take on this challenge and build on this foundation and ensure continued growth.

"Marazzi is not only the most widely known brand in the ceramic industry, but it is also a multinational company that has always stood for Italian industrial excellence in the areas of style, design and the spirit of innovation," said Marazzi. "That is why I am proud and eager to join the Group, fully aware of its history and convinced that world markets offer enormous opportunities for further growth."

On September 17, Marazzi Group approved the financial statements for the first half of 2012, which showed further increases in share in every market and in results in terms of revenues and profitability: consolidated turnover for the half-year amounted to 428 million euros (up by 2.5%) and EBITDA rose to 69 million euros (up 6.2%). These positive results stem primarily from the company’s strong growth in Russia (up 18%) and the U.S. (up 15%), reflecting the success of the strategy of continued internationalization pursued for some time by the company, which now derives 80% of its EBITDA from outside Italy.

Did you enjoy this article? Click here to subscribe to Stone World 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

November 2013 Stone Products Gallery

Take a look at some of the latest stone industry products.

THE MAGAZINE

Stone World Magazine

April 2014 stone world cover

2014 April

In this month's issue of Stone World, check out an extensive preview of Coverings 2014, which will be celebrating its 25th anniversary in April. Also learn more about various types of limestone that were used to build private residences.

Table Of Contents Subscribe

Contemporary Stone & Tile Design Magazine

CSTD_Spring2014_Cover.jpg

2014 Spring

This issue of Contemporary Stone & Tile Design includes our annual focus on Kitchen and Bath design

Table Of Contents Subscribe

Training Program

How formal is your training program for new employees?
View Results Poll Archive

The Stone World Store

How_To_Polish_&_Restore_Mar.gif
How to Polish & Restore Marble Flooring

This video will show you step-by-step how to resurface and polish marble flooring from grinding and removing lippage and scratches to achieving a highly reflective polish.

More Products

Italian Trade Commission Coverings exhibitor preview

Italian Trade Commission logo 2

The Italian Trade Commission is presenting a large group of the most innovative and internationally renowned Italian suppliers of dimensional natural stones. We hope your busy schedule will allow you to join us for a “genuine” espresso in booth N. 4045 and explore the exciting Italian natural stone resources offered by our exhibitors. Check out Italian stone producers exhibiting at Coverings 2014 here!

  

Stone Industry Education

stone industry educationStone Industry Education is sponsored by Stone World Magazine and Marble Institute of America. The SIE events will help you: strengthen your skills, build your business, and  increase profit in your shop.  Check out stoneindustryeducation.com to register for upcoming fabricator and installer seminars.

STAY CONNECTED

facebook logo Twitter  YouTube