Mascioni Chairman Exits Company
Staff Staff -- Furniture Today, May 4, 2009
Alberto Mascioni has stepped down as chairman of the 52-year-old fabric printing and bedding manufacturing company, effective April 26. His brother, Carlo Mascioni, is now ceo. He had been co-ceo.
In a letter to colleagues and clients, Mascioni wrote about the company's achievements as well as "the relationships of sincere respect and deep friendship that I have been fortunate enough to enjoy over the years with the truly outstanding people that I have encountered both in Italy and worldwide."
Last summer, Zucchi Group signed an agreement to buy 50% of the company shareholdings from the Mascioni family. That acquisition added to the majority stake Zucchi had purchased in 1988.
Furniture Today's Ray Allegrezza Speaks with Stephen Bogart about Fine Furniture's New Bogart Line