(Alliance News) - Softlab Spa announced Monday that it has appointed Maurizio Buscaini as the company's new executive in charge of accounting documents.

Buscaini replaces Andrea Cassano, who resigned effective Jan. 16. Neither Buscaini nor Cassano holds shares in the company.

Softlab's stock closed Monday up 4.3 percent at EUR1.46 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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