Thursday 19 October 2023

Dainese

Dainese - new CEO


The Dainese Group (Dainese apparel, AGV helmets and TCX boots) has announced Angel Sánchez as its new Chief Executive Officer (CEO).


Sánchez has previously held CEO and senior leadership roles at leading international groups including Keter, ABM Italia and Conserve Italia. At the same time, former Ducati man Cristiano Silei, CEO of Dainese since 2015, becomes non-executive Chairman of the company.

Supported by majority shareholder Carlyle (NASDAQ: CG) - a global investment firm - Dainese Group has been seeing double-digit growth reaching sales revenue of some € 300m in 2022 with what the company says is "best-in-class profitability".

The Group says it is investing to support an expansion strategy that saw it establish a direct presence in China and open a new production facility in Vietnam in 2022. Dainese says that "as CEO, Sánchez will be responsible for leading the company into its next stage of growth, including continuing the international expansion of the Group, development of its multi-channel proposition and its shift toward an increasingly Direct-To-Consumer distribution strategy". 

www.dainese.com