Daily News
From Home Furnishing Business
Natuzzi Announces CFO Resignation
December 29,
2021 by Laurie Northington in Business Strategy, Industry
Natuzzi S.p.A. (NYSE: NTZ) has announced the resignation of its Chief Financial Officer, Vittorio Notarpietro, to pursue other opportunities outside the Global Furniture Industry.
The effective date of Notarpietro’s resignation, which is still under determination, is expected to occur within the second half of January 2022.
The company has already commenced an active search for a new chief financial officer and is committed to find a profile that can continue to support the Group’s retail and brand transformation currently ongoing.
The company and Notarpietro have agreed that Notarpietro will continue to act as the company’s chief financial officer until the effective date of his resignation in order to ensure an orderly transition. The company will provide details of the interim organizational structure of its accounting and finance department to be effective immediately upon the effective date of Notarpietro’s resignation once such date has been determined and is disclosed.
The company thanks Notarpietro for his invaluable service and contributions over 20 years of employment with the Company and wishes him all the best in his future endeavors.