Pirelli CEO Designate Giorgio Bruno to Leave Company
Italian tire maker Pirelli has announced that Giorgio Bruno, the company’s CEO designate, will be leaving the company. The news comes as a surprise to many, as Bruno had been chosen to take over the role of CEO from current CEO Marco Tronchetti Provera in October of this year.
Background on Giorgio Bruno
Giorgio Bruno is a veteran of the tire industry, having worked for Pirelli for over 25 years. He was appointed to the role of CEO designate in February of this year, and was expected to take over the role of CEO from Tronchetti Provera in October.
Reasons for Departure
The reasons for Bruno’s departure are not yet known, but it is believed that it is due to a disagreement between Bruno and Tronchetti Provera over the direction of the company. Tronchetti Provera is said to have wanted to focus on the company’s core tire business, while Bruno was pushing for a more diversified approach.
Impact on Pirelli
The departure of Bruno is likely to have a significant impact on Pirelli. Bruno was seen as a key figure in the company’s future, and his departure could lead to a period of uncertainty for the company.
Replacement for Giorgio Bruno
Pirelli has yet to announce a replacement for Bruno, but it is believed that the company is already searching for a suitable candidate. It is expected that the new CEO will be chosen by the end of the year.
Future of Pirelli
Despite the departure of Bruno, Pirelli is still expected to remain a major player in the tire industry. The company has a strong presence in Europe and is well-positioned to capitalize on the growing demand for tires in the region.
Conclusion
The departure of Giorgio Bruno from Pirelli is a surprise to many, and it is likely to have a significant impact on the company. Pirelli is now searching for a suitable replacement for Bruno, and it is expected that the new CEO will be chosen by the end of the year. Despite the departure of Bruno, Pirelli is still expected to remain a major player in the tire industry.