(Alliance News) - ErreDue Spa announced Tuesday the appointment of Rolando Robustelli as chief financial officer, effective Dec. 18 this year.

The company, in order to further support the organic growth of the business, "has identified the person of Rolando Robustelli as an important piece to implement the management structure," ErreDue speigated.

In his role, Robustelli will be responsible for strengthening ErreDue's financial strategy, coordinating the management of business planning and development processes for the economic-financial aspects of the business.

He comes from Empoli, where, from 2019 to 2023, he held a central role in the finance team of Sammontana Spa as head of management control, industrial accounting, and extraordinary operations. Rolando Robustelli has acquired consolidated financial experience, including international experience, taking the first steps of his career in Milan in 2006, where he first worked for PricewaterhouseCoopers, later as Accounting Manager and Marketing Controller for Adidas Italy and then as Controller in Cameron Italy. From 2015 to 2017 he held roles of increasing responsibility in Argho Tech LLc.

In 2017 he came to Lugano as CFO of Sisam SA, focusing on new business development projects in foreign markets. He graduated in business administration in 2006 from the Catholic University of Milan and, in the same years, perfected his knowledge of international markets with experiences at San Diego University and Universidad de Valladolid for the Erasmus project and, later, of analysis of a listed Spanish company.

Enrico D'Angelo, chairman of the board and founder of ErreDue, commented, "We are pleased to welcome Rolando Robustelli; his appointment fits perfectly with the company's growth objectives. His experience in domestic and international markets will act as a catalyst for internationalization processes. In light of the company's increased performance, we decided to invest in a high-profile figure with added value in terms of experience."

The new CFO added, "This new work experience will be very challenging given the company's vision and business capacity. I join a close-knit and established team certain to make a significant contribution in conveying the company's value to the markets. The numbers tell of a solid reality whose organic growth is based on well-fortified foundations. We will therefore work in continuity with what we have done to date with the goal of increasing Erredue's position as a leading company in the new market related to energy transition, in which Erredue has been a major player for almost 40 years."

ErreDue's stock is unchanged at EUR9.00 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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