Angel Sánchez Appointed CEO of Dainese Group
Vicenza (Italy) – Dainese Group, a pacesetter in outside sports activities attire and gear, is happy to announce the appointment of Angel Sánchez as its new Chief Govt Officer (CEO), efficient from 2nd of November. Sánchez has beforehand held CEO and senior management roles at main worldwide teams together with Keter, ABM Italia and Preserve Italia. On the identical time, Cristiano Silei, CEO of Dainese since 2015, turns into non-executive Chairman of the corporate.
Sánchez brings with him deep data and expertise with a observe document of main Shopper corporations by way of intervals of accelerated development. Previous to becoming a member of Dainese, Sánchez was CEO of Preserve Italia, one of many largest Meals and Beverage cooperatives in Europe, which incorporates manufacturers comparable to Cirio, Yoga and Valfrutta, the place the companies doubled EBITDA throughout his time on the helm. He has additionally beforehand held the place of CEO of ABM Italia, a European chief within the manufacturing of cupboards, shelving and different storage merchandise, till the corporate was efficiently offered to Keter, the world’s main producer of high-quality client plastic merchandise. At Keter, Sánchez was Chief Advertising and marketing Officer earlier than his promotion to deputy CEO and Head of Europe.
Supported by majority shareholder Carlyle (NASDAQ: CG), the worldwide funding agency, Dainese Group, is a pacesetter within the outside sports activities attire and gear, and brings collectively the Dainese, AGV and TCX manufacturers, in addition to the not too long ago signed license with Momo Design. Since partnering with Carlyle, Dainese has continued its trajectory of double-digit development reaching c. €300m of topline in 2022 and sustaining best-in-class profitability. The Group is investing to assist its growth technique and in 2022 established a direct presence in China and opened a brand new manufacturing facility in Vietnam. As CEO, Sánchez might be answerable for main the corporate into its subsequent stage of development, together with persevering with the worldwide growth of the Group, growth of its multi-channel proposition and its shift towards an more and more Direct-To-Shopper distribution technique.
“I’m excited to hitch Dainese, an organization and a model I’ve admired for a few years,” commented Angel Sánchez. “I stay up for harnessing the facility of the respective manufacturers of the Group and capturing the a number of development alternatives that lie forward, together with persevering with to develop its direct-to-consumer channels and rising its presence in excessive potential markets, comparable to China.”
Massimiliano Caraffa, Managing Director and Accomplice main Shopper & Retail for the Carlyle Europe Companions advisory workforce, mentioned: “We’re happy that Angel has joined Dainese at this essential second within the Group’s historical past. I’ve identified Angel for years, and he brings with him a wealth of expertise and an distinctive observe document that make him the perfect candidate to steer Dainese because it embarks on this subsequent part of development. I’d additionally prefer to take this chance to thank Cristiano for his management of Dainese, and I’m delighted that the corporate will proceed to learn from his appreciable business experience and data as he takes on his new function as non-executive Chairman.”
Commenting on the appointment of Sánchez, Cristiano Silei, mentioned: “It has been an honor to steer Dainese for the previous 9 years. Dainese is an exceptional enterprise with vital development potential, and I’m actually excited to welcome Angel and assist him as we proceed to consolidate the corporate’s management positioning in R&D, innovation and technical excellence, while accelerating our worldwide growth.”
