Fedrigoni Group has named Davide Bustreo as its new group chief financial officer (CFO), as the company pursues global expansion.
Mr Bustreo joins Fedrigoni with broad experience in corporate finance at multinational companies, based in Italy and abroad. He most recently served as CFO of Continental Foods and as an industrial advisor to the private equity fund CVC Capital Partners.
The current CFO, Vittorio Sfligiotti, will work closely with Mr Bustreo as CFO of the group’s Paper&Security business unit, while Vicente Gerbasi is CFO of the Pressure Sensitive Labels business unit.
Fedrigoni is an Italy-based specialist in the production and sale of speciality papers and high value-added products for packaging, fine printing and self-adhesive labels. It has recently acquired fellow Italian business Ritrama, a known name in pressure-sensitive labels.
Fedrigoni Group CEO Marco Nespolo said, ‘Davide will play a key role in helping to lead Fedrigoni’s efforts to grow its business. With the upcoming acquisition and integration of Ritrama, a very significant player in pressure-sensitive labels, we are taking a new important step in our ambitious path to global expansion.’
