Stevanato Group ( NYSE: STVN ) said that its Board of Directors has appointed Franco Stevanato, a current director and the executive Chairman of the company, as its new CEO. Mr. Stevanato is succeeding as CEO Franco Moro, whose employment agreement will continue through June 30, 2024.
Mr. Moro will remain on the company’s Board of Directors. Mr.
Stevanato has held the position of executive chairman since 2021 and he previously served as CEO of Stevanato Group from 1998 to 2021. More on Stevanato Group Stevanato: Destocking And Valuation Risk (Rating Downgrade) Stevanato Group stock slides on pricing upsized stock offering to raise $330 million Stevanato announces $300M public offering of ordinary shares.
