Ducati Motor Holding will announce a new CEO early next week
That news was provided to Powersports Business after former CEO Federico Minoli announced in a video statement that he was stepping down. The move will be effective May 21.
Minoli said the new owners of DMH, an Italian private equity firm called Investindustrial Holdings, want a CEO “who is closer to them.”
“It’s a good time to leave the company because the company is back on track for growth and profitability,” Minoli said in the video statement.
Minoli had been with DMH for 11 years.
“We think we left our mark on Ducati,” he said, “and for sure, Ducati has left a big mark on myself.”
For more on the change in Ducati leadership, see the June 4 edition of Powersports Business.