Executive Reshuffle - Campari Group is undergoing a leadership change as CFO and COO Paolo Marchesini transitions to vice chairman of the board, with Francesco Mele set to take over as CFO in Q4 2025 [1][4] - Marchesini's previous role will be divided, with Mele managing finance, global business services, and IT, while the global supply chain will be overseen by CEO Simon Hunt [2] Leadership Contributions - Marchesini has been credited with significant contributions to Campari's organic and external growth during his tenure, including leading the company on an interim basis after a previous CEO's departure [3] - The chairman of Campari expressed gratitude for Marchesini's hard work and contributions to the company's success over the decades [3] Incoming CFO Profile - Francesco Mele, the incoming CFO, previously served as chief investment officer at CDP Cassa Depositi e Prestiti and has experience as CEO of CDP Equity [4] Financial Performance - In the first half of the year, Campari reported net sales of €1.53 billion (approximately $1.75 billion), reflecting a 0.3% year-on-year increase [5] - EBIT increased by 1.6% to €340.9 million, while adjusted EBIT declined by 2.3% to €352 million [5] - The group's net profit decreased by 6% to €206.4 million [5] Asset Sale - In June, Campari reached an agreement to sell assets, including the vermouth brand Cinzano, to Italian distiller Caffo Group 1915 [6]

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