Ferretti, Stefano de Vivo leaves the position of Chief Commercial Officer

Ferretti double digit growth in profits and revenues in 2023

(Telestock) – Ferretti Group announces that, after more than 10 years of collaboration, Stefano de Vivo has decided to leave the role of Chief Commercial Officer and Managing Director of Wally. During de Vivo’s tenure in these positions, the Group’s revenues more than quadrupled.

De Vivo has chosen to fully dedicate himself to his Family Office by taking on the role of CEO, starting from November 1, 2024, but will remain linked to the Ferretti Group through a technical consultancy for the development of the Wally Sail business. The Ferretti Group will implement the existing succession plan to facilitate this transition.

“At my side for over a decade as Chief Commercial Officer of Ferretti Group and Managing Director of Wally, Stefano, thanks to his professionalism, dedication and expertise, has contributed to the achievement of the important goals that the Company has achieved in recent years”, commented Alberto Galassi, CEO of Ferretti Group, adding “Looking to the future, Ferretti Group, together with its organization, the new range of products already defined for the coming years and a highly capable management, is ready to continue
with the growth path undertaken”.

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