JOINTLY WITH THE CEO FRANCO MOSCETTI, THE COMPANY HAS INITIATED THE TRANSITION IN THE GROUP LEADERSHIP BY IDENTIFYING THE CURRENT CHIEF OPERATING OFFICER ENRICO VITA AS A CANDIDATE FOR THE POSITION OF CEO
FRANCO MOSCETTI WAIVES HIS OFFICE AS CHIEF EXECUTIVE OFFICER FROM OCTOBER 22ND , 2015 AFTER 10 YEARS IN THE ROLE, REACHING OUTSTANDING ACCOMPLISHMENTS FOR THE GROUP’S INTERNATIONAL DEVELOPMENT AND FINANCIAL PERFORMANCE
IN OCTOBER 2015 A SHAREHOLDER’S MEETING WILL TAKE PLACE TO RESOLVE UPON THE INTEGRATION OF THE BOARD OF DIRECTORS
Milan, July 23rd 2015: The Board of Directors of Amplifon S.p.A. informs that the Company jointly agreed with the Chief Executive Officer Franco Moscetti at the conclusion of a fully shared path - considering substantially achieved the goals set for his mandate - that the time has come for initiating a leadership transition marked by continuity and thus focused on pursuing growth and strengthening the Group’s competitive advantage. Following this perspective, Franco Moscetti waives his office as Chief Executive Officer with effect from the Board of Directors’ meeting to be held on October, 22nd. From the aforementioned date onwards he will continue as a nonexecutive Deputy Chairman until the end of the mandate.