The Shareholders’ Meeting of Gefran was held on April 20. Shareholders approved the company’s 2016 financial statements and appointed the members of the Board of Directors for the period 2017-2019: Ennio Franceschetti, Maria Chiara Franceschetti, Giovanna Franceschetti, Andrea Franceschetti, Alberto Bartoli, Daniele Piccolo, Monica Vecchiati, Mario Benito Mazzoleni and Romano Gallus. The new Board of Directors appointed in turn Alberto Bartoli, with effect from May 2, Chief Executive Officer, as well as Ennio Franceschetti Chairman and Maria Chiara Franceschetti Vice-Chairman.

Bartoli was born in Brescia in 1960 and has a degree in Economics and Commerce. He has twenty years’ experience in the Sabaf Group, where he held the position of Director of Administration, Finance and Control until 2012.

“The results of the year 2016 confirmed the efficacy of the strategic approach adopted by Gefran, founded on a greater focus on the business, in terms of both products offered and geographic areas served, and an overall increase in the efficiency of the organisation. The trends in the principal economic and financial indicators have been steadily positive in the past few quarters, as confirmed in the first quarter of 2017: on March 31, sales and margins were in line with targets”, commented Maria Chiara Franceschetti.