Stevanato Group has recently made a strategic leadership announcement, with Franco Stevanato being appointed as the new Chief Executive Officer, succeeding Franco Moro who will be stepping down from the position, effective June 30, 2024.
However, Moro will continue to be an integral part of the Company by serving on its Board of Directors.
Franco Stevanato, who has been a director and the Executive Chairman of the Company, expressed his gratitude to Mr. Moro for his significant contributions to Stevanato Group. Stevanato acknowledged Moro’s pivotal role in navigating the Company through the challenges posed by the global COVID-19 pandemic, expanding the global industrial footprint to cater to increasing customer demands, and driving global standardization across manufacturing sites to enhance operational efficiencies.
In response, Franco Moro, the outgoing CEO, conveyed his appreciation for having led the Company and expressed confidence in the Company’s robust business fundamentals. He emphasized his belief in the Company’s continued success, building upon the accomplishments and foundations laid during his tenure. Moro extended his best wishes to Franco Stevanato as he undertakes the responsibility of steering the Company towards further achievements.
Franco Stevanato brings a wealth of experience to his new role as CEO, having served as the Chief Executive Officer of Stevanato Group from 1998 to 2021 before assuming the position of Executive Chairman in 2021. He is credited as the visionary behind the Group’s long-term strategic direction and integrated value proposition. Stevanato has been instrumental in spearheading the Company’s global expansion, diversifying its product portfolio, establishing science-based technology excellence centers, enhancing research and development capabilities, and successfully leading the Company through its initial public offering.
The appointment of Franco Stevanato as the new CEO marks a significant milestone in the evolution of Stevanato Group. With his proven track record of leadership and strategic acumen, Stevanato is well-positioned to lead the Company towards continued growth and success in the dynamic global market landscape. The Company looks forward to a seamless transition under his guidance, leveraging on the strong foundations laid by his predecessor, Franco Moro, and driving innovation and excellence across all facets of the organization.
Source:Stevanato Group with additional information added by GlassBalkan
