Campari Falls After Unexpected CEO Departure

» Updated: October 07 2024

» Published: September 18 2024

Campari Falls After Unexpected CEO Departure
Photo: Louise Dixon AP/TT

Share this article

Mattteo Fantacchiotti, CEO of Italian Davide Campari – with Aperol and Campari in the product portfolio – is leaving with immediate effect.

The Campari share falls by 6 per cent after the unexpected departure.

Fantacchiotti, who took office as recently as last April, has cited personal reasons for the decision.

Campari has appointed Paolo Marchesini, the company's CFO, and chief lawyer Fabio Di Fede, as acting CEOs until a permanent CEO is found.

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Klarna's Stock Market Debut Features Limited Share Availability
3 MIN READ

Klarna's Stock Market Debut Features Limited Share Availability

Nikkei Reaches Record High Amid Japanese Market Surge
1 MIN READ

Nikkei Reaches Record High Amid Japanese Market Surge

Murdoch Family Finalizes Future Control of Fox After Rupert's Passing
1 MIN READ

Murdoch Family Finalizes Future Control of Fox After Rupert's Passing

Wall Street Sees Modest Gains as Trading Week Begins
1 MIN READ

Wall Street Sees Modest Gains as Trading Week Begins

Railway Derailments Disrupt Swedish Industry and Economy
3 MIN READ

Railway Derailments Disrupt Swedish Industry and Economy

Brazil's Lula Criticizes Trump's Tariffs at Brics Meeting
1 MIN READ

Brazil's Lula Criticizes Trump's Tariffs at Brics Meeting

Swedish Pensions Agency Reclaims 48 Million Kronor for Allra Victims
2 MIN READ

Swedish Pensions Agency Reclaims 48 Million Kronor for Allra Victims

Space X Acquires Network Spectrum from Echo Star in $17 Billion Deal
1 MIN READ

Space X Acquires Network Spectrum from Echo Star in $17 Billion Deal

Klarna Valuation Could Reach 150 Billion Kronor in 2023 Analysis
1 MIN READ

Klarna Valuation Could Reach 150 Billion Kronor in 2023 Analysis

Criticism Over No Increase in Sweden's Child Allowance
2 MIN READ

Criticism Over No Increase in Sweden's Child Allowance

Southern Sweden Gains Most from Electricity Price Protection
3 MIN READ

Southern Sweden Gains Most from Electricity Price Protection

Left Party Urges Transparency on Food Prices Ahead of VAT Reduction
1 MIN READ

Left Party Urges Transparency on Food Prices Ahead of VAT Reduction

German Industrial Production Surges Beyond Expectations in July
1 MIN READ

German Industrial Production Surges Beyond Expectations in July

NCC Highlights Sand and Gravel Shortage Threatening Nordic Projects
1 MIN READ

NCC Highlights Sand and Gravel Shortage Threatening Nordic Projects

Dollar and US Interest Rates Under Pressure Amid Fed Rate Cut Speculation
1 MIN READ

Dollar and US Interest Rates Under Pressure Amid Fed Rate Cut Speculation

Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises
2 MIN READ

Stockholm Stock Exchange Opens Week with Gains as OMXS Index Rises

Lower Taxes and Cheaper Preschool Proposed in Swedish Budget
3 MIN READ

Lower Taxes and Cheaper Preschool Proposed in Swedish Budget

Rising Evictions Impact More Children Amid Economic Struggles
2 MIN READ

Rising Evictions Impact More Children Amid Economic Struggles

Swedish Financial Authority Investigates Stock Fraud Targeting Small Investors
2 MIN READ

Swedish Financial Authority Investigates Stock Fraud Targeting Small Investors

Tokyo Stock Exchange Opens Week with Gains in Nikkei and Topix
1 MIN READ

Tokyo Stock Exchange Opens Week with Gains in Nikkei and Topix