The Italian Sea Group S.p.A. (“TISG” or the “Company”), global operator in the luxury yachting industry with the brands Admiral, Tecnomar, Perini Navi and Picchiotti Yacht, announces that the Board of Directors, in today’s meeting, has approved the appointment of Mr Marco Carniani as new Chief Financial Officer of the Company, with the approval of the Appointments and Remuneration Committee.

The appointment, which follows a brilliant carreer path of professional growth supporting the Company’s development plan, will be effective from February 1st, 2022.

Mr Marco Carniani graduated in Economics at Università degli Studi di Firenze in 2006, and was already in The Italian Sea Group for eight years in the role as responsible for the Administrative, Finance, Management and Control Offices of the Company.

Starting from the listing on “Euronext Milan”, which took place on June 8th, 2021, Mr Carniani is Manager in charge of the preparation of accounting and corporate documents pursuant to art. 154-bis of D.Lgs. 58/98, a role that he will continue to hold in the future.

Throughout his career, Mr Carniani has developed a significant experience in the field of auditing and corporate finance, working for leading international advisory firms. In particular, from 2006 to 2009 he has worked as an Auditor and, subsequently, Senior Auditor for Deloitte and Touche S.p.A. Between 2009 and 2014 he worked as a Manager for BDO.

The Company thanks the exiting CFO, Chairman Filippo Menchelli, for the activities carried out until today. Mr Filippo Menchelli will keep his role as Chairman of the Board of Directors and manage the related activities.

“I congratulate Mr Marco Carniani and wish him a path full of successes and satisfactions, both on a professional and corporate level” – commented Giovanni Costantino, The Italian Sea Group Founder & CEO. – “I thank Chairman Filippo Menchelli for his important contribution to our Company’s constant growth.

From now on, Mr Menchelli will continue to focus on his role as Chairman and all the related activities, which are extremely important and delicate especially in such a challenging phase for our group.”

In addition to the appointment of Mr Marco Carniani, TISG has made a further change to its organizational structure by appointing Ms Marianna Ferrante as Marketing Director.

Ms Ferrante graduated in Law at Università Statale Bicocca in 2001, and since 2019 she is The Italian Sea Group’s Marketing Manager.

With an important experience in the field of Marketing and Communication starting from 2003, through the years Ms Ferrante specialized in the industries of architecture and design, bringing a transversal vision in the product and corporate communication.

“Ms Ferrante has managed for more than two years the Marketing activities and is now ready to handle autonomously all the important company evolutions” – commented Giovanni Costantino, Founder & CEO of The Italian Sea Group. – “I take this opportunity to congratulate all the women in our Company, who continue to grow both numerically and professionally and I express my satisfaction in leading a wonderful Company with such an important female participation.”

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