Natuzzi Announces Appointment of Non-Executive Director
Natuzzi S.p.A. (NYSE: NTZ) ('Natuzzi' or the 'Company') announced today that Mr. Pietro Labriola has formally accepted the appointment as a non-executive director of the Company by way of co-optation, effective August 6, 2025, further to the resolution adopted by the Board of Directors on July 29, 2025. Mr. Labriola will remain in office until the next Shareholders' Meeting, at which time it will be submitted for confirmation by the shareholders.
Mr. Labriola currently serves as Chief Executive Officer and General Manager of Telecom Italia S.p.A. (TIM), one of the leading telecommunications companies in Europe. He has over 30 years of experience in the telecom and technology sectors, having held senior executive positions in both Italy and abroad, including as CEO of TIM Brazil. He holds a degree in Business and Economics from the University of Bari and a Master in Management of Innovation and Technologies from Tecnopolis, the Scientific and Technological Park of Bari.
He is a member of the board of GSMA, the organization that brings together mobile network operators worldwide, and a member of the General Council of Confindustria, the main representative association of manufacturing enterprises and services in Italy, where, since May 2024, he has the mandate for the Digital Transition. He is also President of Asstel, the Italian trade association within Confindustria that represents the telecommunication sector.
In the TIM Group since 2001, he has held increasingly senior roles in the field of Marketing for the corporate and consumer segments in both fixed and mobile telephony services. Before joining TIM, he worked at Infostrada, then Boston Consulting Group, Cable&Wireless, and France Telecom.
The Board of Directors believes that Mr. Labriola's extensive international executive experience and deep knowledge of innovative technologies and services, combined with its strategic vision and operational expertise, will contribute to driving the Company's digital transformation and sustainable growth.
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About Natuzzi S.p.A.
Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. is one of the most renowned brands in the production and distribution of design and luxury furniture. As of March 31, 2025, Natuzzi distributes its collections worldwide through a global retail network of 610 monobrand stores in addition to galleries. Natuzzi products embed the finest spirit of Italian design and the unique craftsmanship details of the 'Made in Italy', where a predominant part of its production takes place. Natuzzi has been listed on the New York Stock Exchange since May 13, 1993. Committed to social responsibility and environmental sustainability, Natuzzi S.p.A. is ISO 9001 and 14001 certified (Quality and Environment), ISO 45001 certified (Safety on the Workplace) and FSC ® Chain of Custody, CoC (FSC-C131540).
View source version on businesswire.com:https://www.businesswire.com/news/home/20250811927376/en/
CONTACT: For information:
Natuzzi Investor Relations
Piero Direnzo | tel. +39 080-8820-812 |[email protected]
Natuzzi Corporate Communication
Giancarlo Renna (Communication Manager) | tel. +39. 342.3412261 |[email protected]
Barbara Colapinto | tel. +39 331 6654275 |[email protected]
KEYWORD: ITALY EUROPE
INDUSTRY KEYWORD: OTHER MANUFACTURING LUXURY CONSTRUCTION & PROPERTY FINANCE PROFESSIONAL SERVICES HOME GOODS MANUFACTURING INTERIOR DESIGN RETAIL
SOURCE: Natuzzi S.p.A.
Copyright Business Wire 2025.
PUB: 08/11/2025 06:01 AM/DISC: 08/11/2025 06:01 AM
http://www.businesswire.com/news/home/20250811927376/en
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