| CEO Name | Michele Colaninno |
| Nationality | Italy |
| Net Worth Estimation | $50 million |
Michele Colaninno's estimated net worth of around $50 million stems from his executive role as CEO of Piaggio & C. SpA, significant holdings in the company, and involvement in the Colaninno family's diversified industrial and financial interests. His wealth is bolstered by dividends, long-term investments, and leadership positions within the broader Immsi Group, which owns a controlling stake in Piaggio.
Michele Colaninno, CEO of Piaggio & C. SpA, has an estimated net worth of $50,000,000, which is 62.5% of the maximum CEO net worth in the transportation sector. His net worth is significantly above the category minimum of $1,000,000.
Business Category: Transportation
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 80000000 USD
Michele Colaninno Performance in Piaggio & C. SpA
Michele Colaninno, CEO of Piaggio & C. SpA, demonstrates decisive leadership by driving strategic innovation and operational efficiency in the renowned Italian mobility company. His decision-making emphasizes digital transformation, sustainable mobility, and global market expansion, enhancing Piaggio's competitive edge. Under his guidance, the company has experienced significant performance improvements, marked by increased revenue growth and strengthened brand presence worldwide.
Latest News
**Piaggio CEO Roberto Colaninno, Veteran Italian Dealmaker, Dies at 80**
Roberto Colaninno, the charismatic chairman and CEO of Piaggio & C. SpA, passed away on August 19, 2023, leaving a significant legacy as a transformative figure in Italian business and a champion of the iconic Vespa brand. No cause of death was disclosed, and his death marked a pivotal transition for the company, which swiftly promoted his son Michele Colaninno to CEO to lead its next chapter.
Source: http://www.reuters.com/article/piaggio-ceo-colaninno-dies-idINKBN2R20F6