Italeaf S.p.A. announced that Laura Bizzarri, currently CEO of Softeco Sismat Srl, has been appointed executive director with broad powers of ordinary and extraordinary administration. The Board appointed Director in charge of the Internal Control and Risk Management System, Laura Bizzarri. The Board of Directors also confirmed the establishment of the Control and Risk Committee, the Committee for Transactions with Related Parties and the Remuneration Committee within the Board, appointing, in the persons of Stefania Bertolini, Mario Marco Molteni and Paolo Piccini, the directors called upon to be members of each committee. Director Mario Marco Molteni has been appointed Lead Independent Director. The term of office is the same as that of the Board of Directors, i.e. until approval of the financial statements for the year ended 31 January 2021.