Campari Group shuffles top executive roles as CFO and COO Paolo Marchesini becomes vice chairman, replaced by Francesco Mele. Marchesini joined in 1997, contributed to organic and external growth. Incoming CFO Mele brings experience from CDP Cassa Depositi e Prestiti. Campari reported net sales increase in the first half of the year.

Marchesini to serve as vice chairman until 2028, praised for strategic oversight. Campari CEO credits him for company success. Group CEO, Simon Hunt, to oversee global supply chain function. Incoming CFO Mele to manage finance, global business services, and IT. Campari aims to focus on core priority brands.

Aperol brand owner reports net sales increase in the first half of the year. EBIT rises, adjusted EBIT declines, net profit decreases. Campari reaches agreement to sell assets, including Cinzano brand. Company plans to cut costs and sell non-core brands to focus on priority brands. Executive reshuffling aims to drive company growth and success.

Read more at Yahoo Finance: Campari makes exec rejig as CFO exits