Davide Campari-Milano NV Az nom Post Frazionamento

CPR: XMIL (ITA)
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Campari: CEO Departure a Surprise; No Change to Our Fair Value Estimate

On Sept. 18, no-moat Davide Campari-Milano announced the resignation of its CEO Matteo Fantacchiotti due to personal reasons. Fantacchiotti’s tenure as CEO was brief at just five months. He succeeded longtime CEO Bob Kunze-Concewitz. The firm has appointed CFO Paolo Marchesini and Business Development Officer Fabio di Fede as interim co-CEOs.

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