The Ferretti group has some new management to boast about. It announced the appointment of its new group chairman Tan Xuguang to replace Norberto Ferretti, who will become honorary chairman, and Ferruccio Rossi was appointed as managing director.
Xuguang already has an impressive resume, with titles ranging from chairman and CEO of Weichai Power Co. Ltd., chairman of Weichai Group Holdings Ltd, chairman of Shandong Heavy Industry Group Co. Ltd and vice chairman of the China Enterprise Confederation and the China Internal Combustion Engine Industry Association.
Rossi, who has been with Ferretti since 2005, has been Riva managing director and Ferretti Group country manager. He replaces Giancarlo Galeone.
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