Key Highlights
- Franco Stevanato named CEO of Stevanato Group.
- Franco Moro to remain on the Board of Directors.
- Stevanato previously served as CEO from 1998 to 2021.
- Franco Moro led the company through the COVID-19 pandemic.
- Stevanato to continue driving global strategic vision.
Source: Business Wire
Notable Quotes
- “On behalf of the Board of Directors and the Company, I would like to express my sincere gratitude to Mr. Moro for his valuable contributions to Stevanato Group. Over the last five years, Franco has played a pivotal role in helping to guide the Company through the challenges of the global COVID-19 pandemic, expand our global industrial footprint to meet rising customer demand, and drive global standardization of our manufacturing sites to improve operational efficiencies.” – Franco Stevanato, CEO at Stevanato Group
- “I am honored to have served as Chief Executive Officer and grateful for having been part of the Company’s evolution. I believe the business fundamentals are strong and the Company will leverage on everything we have accomplished and started in recent times. I wish Franco Stevanato the best as he continues to lead the Company to further success, after years of hard work carried out together, while I will continue to serve the Company as director.” – Franco Moro, Board of Directors at Stevanato Group
- “We thank Franco Moro for his dedicated service to the Company as Chief Executive Officer. Looking ahead, Franco Stevanato is a strategic leader who has navigated the Company through periods of growth and investment. He embodies the core principles and values of Stevanato Group, and the Board is confident that Franco Stevanato is well positioned to advance the Company’s strategic imperatives and drive long-term shareholder value.” – Fabrizio Bonnani, Lead Independent Director at Stevanato Group
SoHC's Take
The appointment of Franco Stevanato as CEO marks a significant transition for Stevanato Group, highlighting the company’s commitment to continuity and strategic growth. Stevanato’s extensive experience and previous leadership role from 1998 to 2021, coupled with his vision for global expansion and innovation, position him as a key figure to drive the company’s future success. The continued presence of Franco Moro on the Board ensures that the valuable insights and strategic direction he provided during his tenure will still benefit the company. This leadership change is expected to fortify Stevanato Group’s position as a leader in the pharmaceutical, biotechnology, and life sciences industries, further enhancing its reputation for excellence in drug containment and delivery solutions.
