Ducati Motor Holding Appoints New Commercial Director
Ducati Motor Holding Appoints New Commercial Director
BOLOGNA, Italy, July 2 Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, today announced the appointment of Nicola Greco, 45, as Group Commercial Director. His appointment is effective immediately. Mr. Greco brings to Ducati great international experience in the fields of sales, marketing, dealer network management, product development and logistics. He has a degree in Business Administration from Bocconi University, Milan and began his career at 3M and Olivetti in Italy. Mr. Greco then worked thirteen years at Fiat Auto holding various positions including Director for Global Parts and Accessories, Head of Product and Service Marketing Worldwide, Marketing Director, Fiat Auto UK and Marketing Director, Fiat Auto Portugal. Since July 1999, he has been Chief Executive Officer of Fiat Auto Ireland. "Nicola is perfectly suited to fill the vital role at Ducati of Group Commercial Director," commented Carlo Di Biagio, CEO of Ducati. "His broad experience as well as his deep understanding of the global automotive industry will be an invaluable support for me and for the Company as we look to the future." "Ducati is a company with a long history which has built an exciting and respected brand thanks, above all, to a unique range of products," added Mr. Greco. "I am delighted to be joining it at such an exciting time to help it continue to grow from strength to strength." Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. Ducati has won nine of the last eleven World Superbike Championship titles and more individual victories than the competition put together. The Company produces motorcycles in four market segments which vary in their technical and design features and intended customers: Superbike, Supersport, Monster and SportTouring. The company's motorcycles are sold in more than 40 countries worldwide, with a primary focus in the Western European and North American markets. For more information about the Company, please visit our web site at http://www.Ducati.com. This press release contains statements that are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, as described in the Company's 2000 annual report, filed with the U.S. Securities and Exchange Commission on Form 20-F, dated July 2, 2001.