Mascioni Chairman Exits Company
May 4, 2009,
Alberto Mascioni has stepped down as chairman of the 52-year-old fabric printing and bedding manufacturing company, effective April 26. His brother, Carlo Mascioni, is now ceo. He had been co-ceo.
Last summer, Zucchi Group signed an agreement to buy 50% of the company shareholdings from the Mascioni family. That acquisition added to the majority stake Zucchi had purchased in 1988.