Biesse Group Proposes New Chief Executive Officer
October 19, 2009
their recent October 9 shareholders meeting, pending approval of
an increase in the number of board members from seven to eight,
the Biesse S.p.A. board of directors proposed that Dr. Giovanni
Barra be appointed to the board with the specific role of chief
executive officer (CEO). Dr. Barra has been an active member of
the group's management team since October 5, and will be nominated
as CEO at the shareholders' meeting on November 12, 2009.
Giovanni Barra, 49, originally from Turin, Italy, comes to Biesse
having significant international experience in numerous major multinational
organizations. Most recently, Dr. Barra was with the Fiat Group,
and has experience with Fiat Holding, FL Lubrificanti, Fidis Servizi
Finanziari, Iveco, New Holland in the U.K. and for the past ten
years has worked with Case New Holland (CNH) in Brazil and the United
States. He holds a degree in business economics from the University
of Turin, and is married to Fabia.
"Giovanni Barra's arrival represents an important phase for
our company," says Roberto Selci, chairman of Biesse S.p.A..
"I wanted him to join our company because his years of experience
in process structured multinational companies will enable him to
transfer his abilities, experience and innovation to Biesse, and
guide us toward the completion of an organizational model which
Biesse has been applying over the past two years. The ultimate objective
is the transformation of Biesse into a truly lean company. The choice
of an external manager is consistent with the company's willingness
to reinforce its management team while at the same time implementing
a gradual process of separating responsibilities and roles particularly
with regard to the major shareholder."
"I enthusiastically accept this important position which enables
me to become part of a dynamic leader in its market which still
has considerable potential," says Barra. "We will become
even more competitive and successful by implementing more ordered
management of the company's processes."
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