Massimo Zanetti Beverage Group S.p.A. announced that the Board of Director approved the hiring of new managers with whom the company will be able to implement a new organisational structure developing around 8 key positions reporting directly to the CEO. Chief Operating Officer, Pascal Héritier, has responsibility for all operations in Asia/Middle East/Oceania as well as global marketing, cafes and M&A. John Boyle becomes Americas' Managing Director, in charge of all operations in North, Central, and South America. Francesco Cantini is Northern Europe's Managing Director, has the responsibility of the operations in a cluster of 14 countries of the region.

For Southern Europe's Managing Director, company has identified a strong manager who is going to start in July. Pilar Braga is Performance and Commercial Capabilities Managing Director and is in charge of internal support to export-related activities, the production of capsules and machines and of human resources. Ivan Davide Borriello is the Managing Director of the Group's Supply Chain and will drive the Group's operational efficiencies.

Chief Financial Officer, Massimo Mambelli is responsible for all financial and accounting reporting, compliance, legal, internal auditing and information systems functions of the Group. Chief Global Strategist, Larry Quier is responsible for strategic planning, organizational structure, cultural development, process improvement and, in coordination with the Investor Relator, communication improvement.