{"id":996872,"date":"2026-08-20T07:07:08","date_gmt":"2026-08-20T11:07:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/natuzzi-s-p-a-enters-into-a-definitive-agreement-with-selected-candidate-for-chief-executive-officer-role\/"},"modified":"2026-08-20T07:07:08","modified_gmt":"2026-08-20T11:07:08","slug":"natuzzi-s-p-a-enters-into-a-definitive-agreement-with-selected-candidate-for-chief-executive-officer-role","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/natuzzi-s-p-a-enters-into-a-definitive-agreement-with-selected-candidate-for-chief-executive-officer-role\/","title":{"rendered":"Natuzzi S.p.A. Enters Into a Definitive Agreement With Selected Candidate for Chief Executive Officer Role"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Natuzzi S.p.A. Enters Into a Definitive Agreement With Selected Candidate for Chief Executive Officer Role<\/b><\/p>\n<p class=\"bwalignc\"><b>International executive with extensive track record in business transformation and strategic redirection selected to lead the next chapter of Natuzzi&#8217;s transformation<\/b><\/p>\n<p>SANTERAMO IN COLLE, Bari, Italy&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNatuzzi S.p.A. (NYSE: NTZ) (\u201cNatuzzi\u201d or the \u201cCompany\u201d), one of the world\u2019s most recognized luxury lifestyle and furniture brands, today announced that, following the Company\u2019s press release dated August 10, 2026, in which it disclosed the signing of a commitment letter with a candidate for the role of Chief Executive Officer, it has entered into a definitive agreement with the selected candidate for the role of Chief Executive Officer of the Natuzzi Group.<\/p>\n<p>\nThe appointment remains subject to approval by the Company\u2019s shareholders, whose meeting is scheduled to be held on September 11, 2026, on first call, or September 14, 2026, on second call, as well as to the candidate\u2019s release from certain current professional commitments (following which the Company expects to disclose the candidate\u2019s identity by the end of August 2026).<\/p>\n<p>\nThe selected candidate is an international executive with more than 30 years of leadership experience, including multiple Chief Executive Officer and senior executive roles at global companies across the food, consumer durables, luxury furniture, innovation and home appliances sectors.<\/p>\n<p>\nThroughout his career, the candidate has driven comprehensive corporate turnarounds and strategic repositioning initiatives, combining the definition of new business priorities with their disciplined operational implementation. His experience spans organizations undergoing significant change, performance improvement, portfolio and operating-model evolution, and organizational transformation.<\/p>\n<p>\nHis background combines strategic vision with hands-on operating experience across both listed and privately held multinational companies in Europe and the United States.<\/p>\n<p>\nThe Company\u2019s board of directors believes that this combination of transformation leadership, international experience and execution capabilities is particularly relevant to Natuzzi&#8217;s current priorities, including the strengthening of competitiveness and operational performance and establishing the foundations for sustainable long-term value creation.<\/p>\n<p>\nPasquale Natuzzi, the Company\u2019s majority shareholder and Chairman of the board of directors, commented: <i>&#8220;The entire board and I are pleased to have reached a definitive agreement with the selected candidate. Following a thorough search process, we believe we have identified a leader with the international experience, transformation track record and execution discipline required for the next phase of Natuzzi\u2019s journey.<\/i><\/p>\n<p><i>Throughout his career, he has led companies through significant strategic and operational transformations, translating strategic vision into concrete action and measurable results. We believe this experience is highly relevant to Natuzzi at this important stage of its development.<\/i><\/p>\n<p><i>His proposed appointment represents an important milestone in the Company\u2019s transformation journey and reflects the board\u2019s commitment to strengthening Natuzzi\u2019s operating performance, competitiveness and growth platform, with the objective of creating sustainable long-term value for all our stakeholders.<\/i>\u201d<\/p>\n<p>\n____________________________________________________________________________________<\/p>\n<p><b>About Natuzzi S.p.A.<\/b><\/p>\n<p>\nFounded 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, 2026, Natuzzi distributes its collections worldwide through a global retail network of 552 monobrand stores, in addition to Natuzzi galleries and curated placements within larger, multi-brand environments. Natuzzi products embed the finest spirit of Italian design and the unique craftsmanship details of the \u201cMade in Italy\u201d, 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<sup>\u00ae<\/sup> Chain of Custody, CoC (FSC-C131540).<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260820209246r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260820209246\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260820209246\/en\/<\/a><\/span><\/p>\n<p><b>Natuzzi Investor Relations<br \/>\n<\/b><br \/>Piero Direnzo | <a rel=\"nofollow\" href=\"mailto:pdirenzo@natuzzi.com\">pdirenzo@natuzzi.com<br \/>\n<\/a><br \/><b>Natuzzi Corporate Communication<br \/>\n<\/b><br \/>Giancarlo Renna (Communication Manager) | tel. +39.342.3412261 | <a rel=\"nofollow\" href=\"mailto:grenna@natuzzi.com\">grenna@natuzzi.com<br \/>\n<\/a><br \/>Barbara Colapinto | tel. +39.331.6654275 | <a rel=\"nofollow\" href=\"mailto:bcolapinto@natuzzi.com\">bcolapinto@natuzzi.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Italy Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Interior Design Retail Luxury Home Goods Manufacturing Construction &amp; Property Other Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260820209246\/en\/2879573\/3\/logo2_OK.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Natuzzi S.p.A. Enters Into a Definitive Agreement With Selected Candidate for Chief Executive Officer Role International executive with extensive track record in business transformation and strategic redirection selected to lead the next chapter of Natuzzi&#8217;s transformation SANTERAMO IN COLLE, Bari, Italy&#8211;(BUSINESS WIRE)&#8211; Natuzzi S.p.A. (NYSE: NTZ) (\u201cNatuzzi\u201d or the \u201cCompany\u201d), one of the world\u2019s most recognized luxury lifestyle and furniture brands, today announced that, following the Company\u2019s press release dated August 10, 2026, in which it disclosed the signing of a commitment letter with a candidate for the role of Chief Executive Officer, it has entered into a definitive agreement with the selected candidate for the role of Chief Executive Officer of the Natuzzi Group. The appointment remains subject to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/natuzzi-s-p-a-enters-into-a-definitive-agreement-with-selected-candidate-for-chief-executive-officer-role\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Natuzzi S.p.A. Enters Into a Definitive Agreement With Selected Candidate for Chief Executive Officer Role&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-996872","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Natuzzi S.p.A. 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Enters Into a Definitive Agreement With Selected Candidate for Chief Executive Officer Role International executive with extensive track record in business transformation and strategic redirection selected to lead the next chapter of Natuzzi&#8217;s transformation SANTERAMO IN COLLE, Bari, Italy&#8211;(BUSINESS WIRE)&#8211; Natuzzi S.p.A. (NYSE: NTZ) (\u201cNatuzzi\u201d or the \u201cCompany\u201d), one of the world\u2019s most recognized luxury lifestyle and furniture brands, today announced that, following the Company\u2019s press release dated August 10, 2026, in which it disclosed the signing of a commitment letter with a candidate for the role of Chief Executive Officer, it has entered into a definitive agreement with the selected candidate for the role of Chief Executive Officer of the Natuzzi Group. The appointment remains subject to &hellip; Continue reading &quot;Natuzzi S.p.A. 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