Giovanni Canetta has been appointed as new managing director and CEO of the Treofan Group. Carlo Ranucci has stepped down from the position for personal reasons, after reaching an agreement with shareholders. Carlo Ranucci successfully managed the company through the crisis and was instrumental in restructuring it; under his leadership, the company has become the market leader in the global BOPP high-end market. Canetta has worked closely with Ranucci in the past two years as representative of management and capitali SpA, one of Treofan’s major shareholders.
‘We thank Carlo for the excellent work performed during the past years’, said Stefan Pfander, chairman of the advisory board. ‘I see a great future for the company and am convinced that the management team will continue to translate Treofan’s superior technology into long-term success in the marketplace
