Ceramiche Ricchetti Group reappoints Panzani

Alfonso Panzani will continue to head the Ceramiche Ricchetti Group. Meeting on 10 May, the board of directors reconfirmed his appointment as Chairman of the Board and Managing Director, positions that he had held since the death of his brother-in-law and main shareholder Oscar Zannoni.

Chairman of Confindustria Ceramica up until last year, Panzani is now chairman of the European Ceramic Tile Manufacturers' Federation CET and holds 70,000 ordinary shares in the Ricchetti Group, equivalent to 0.131 percent of the share capital.