Lucart announces renewal of Board of Directors with Francesco Pasquini appointed as new CEO

Lucart, an Italian manufacturer of tissue products, recently announced the renewal of its Board of Directors, with Francesco Pasquini appointed as Chief Executive Officer (CEO). This change comes after the completion of the transaction that allowed Azzurra Capital to acquire a strategic shareholding in Pasfin S.p.A., the holding company that fully controls Lucart. 

The new Board of Directors consists of: 

• Massimo Pasquini – President 

• Francesco Pasquini – Chief Executive Officer (CEO) 

• Alessandro Pasquini, Lorenzo Pasquini, and Tommaso De Luca – Executive Directors 

• GianErnesto Bernardi, Cristina Ferrari, Federico Lovadina, and Massimo Innocenti – Non-Executive Directors 

“I am honoured by the trust the Board of Directors has placed in me. I intend to build on my years of  experience as head of sales and marketing to lead Lucart to achieve the ambitious growth and  profitability targets set out in the Group’s strategic plan”, commented Francesco Pasquini, CEO of  Lucart. “Social and environmental sustainability have always been our guiding factors and, strong of  the Group’s more than 70 years of history, I am sure that we will be able to improve day by day and  keep introducing technological innovations. We have immediately established a relationship of full  trust and collaboration with Azzurra Capital and together we are studying a growth and expansion  plan that will drive the company to achieve new goals”, he concluded.