Tolentino, March 14th - Arena S.p.A., also on behalf of the entire Arena Group, and Mr. Giuseppe Musciacchio Deputy-CEO of the Company, jointly announce that Mr. Musciacchio has decided to leave all his offices held in the Board of Directors of Arena S.p.A. and the other companies of the Arena Group as 11. March 2025.
Mr. Musciacchio has served the Company and the Arena Group during the past 18 years, progressively expanding his responsibilities since mid of 2016 as Co-CEO and since mid 2021 as Deputy CEO. Mr. Musciacchio has been a significant contributor to the development of the brand and the business of Arena globally, making the three-diamond Brand a point of reference in the international community of swimming and watersports.
The whole Arena Group and its shareholders warmly express their gratitude to Mr. Musciacchio for his commitment and for the professional and human contribution given to the company over these years, and wish him the very best for his future.
As of March 10, 2025, the Executive Leadership team will be composed of the following members: Peter Graschi (CEO), Damiano Cafiero (CFO), Giorgio Farinelli (COO), Luca Belogi (CSO), Mark Pinger (General Manager North America) and Florian Übleis (CDSO).
The Board of Directors is actively working to identify a successor and will announce further plans in due course. In the interim, Peter Graschi will assume Giuseppe’s responsibilities.
