The appointment signals the family's increased control in the holding.
Alessandro Benetton succeeds Italian academic and former Alitalia special administrator Enrico Laghi, also a member of the board, who is moving from the chairman’s role at Edizione to become chief executive officer.The new governance sees a five-year lock-up period that will allow control of Edizione to remain within the Benetton family in the generational transition.presented his first collection and runway show for United Colors of Benetton in Milan.
The holding has a 33.10 percent stake in infrastructure group Atlantia, which has controlled Italy’s main highway company Autostrade per l’Italia SpA, or Aspi for more than two decades. The board of Atlantia last year agreed to sell the entire stake in Aspi, almost three years afterof a section of the Morandi bridge in Genoa in August 2018, which caused 43 deaths, the evacuation of hundreds of people, and heavy structural damages.
Infrastructure accounted for 62.6 percent of the total with sales of 11.2 billion euros. Food services represented 30.1 percent of the total with sales of 5.4 billion euros.
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