ITALY. The Autogrill board of directors today signed off on key elements of its new business combination with Dufry Group, as the creation of the new travel retail to dining powerhouse player is completed.
As reported last week, Edizione completed the transfer of the 50.3% stake in Autogrill it held (through wholly owned subsidiary Schema Beta) to Dufry on 3 February. The appointment of new directors Bruno Chiomento, Francisco Javier Gavilan, Nicolas Girotto, Marella Moretti, Emanuela Trentin and Xavier Rossinyol Espel is effective from the same date.The new Autogrill board comprises 11 independent directors (Ernesto Albanese, Rosalba Casiraghi, Francesco Umile Chiappetta, Bruno Chiomento, Barbara Cominelli, Manuela Franchi, Francisco Javier Gavilan, Nicolas Girotto, Marella Moretti, Maria Pierdicchi, Emanuela Trentin) and two non-independent members (Xavier Rossinyol Espel and Paolo Roverato).
Roverato, as reported, is named Chief Executive Officer of Autogrill and Bruno Chiomento independent Chairman.
In related moves, Bruno Chiomento has been appointed as a member of the Control, Risks and Corporate Governance Committee, of the Human Resources Committee and of the Related Parties Transactions Committee. Marella Moretti has been appointed Chairwoman of the Human Resources Committee. Xavier Rossinyol is named Chairman of the Strategy and Sustainability Committee.
The Control, Risks and Corporate Governance Committee includes Rosalba Casiraghi (Chair), Francesco Umile Chiappetta and Bruno Chiomento.
The Related Parties Transactions Committee includes Francesco Umile Chiappetta (Coordinator), Ernesto Albanese and Bruno Chiomento.
The Human Resources Committee includes Marella Moretti (Chair); Bruno Chiomento and Maria Pierdicchi.
The Strategy and Sustainability Committee includes Xavier Rossinyol (Chair), Ernesto Albanese and Barbara Cominelli.