New Ducati Motor Holding CEO formerly led boating group

Ducati Motor Holding announced Gabriele Del Torchio, a former chief executive at boat building and transmission manufacturers, as its new CEO.

Del Torchio was named CEO of the Ferretti Group, a boat manufacturing group, in July of 2005. The group has more than 2,800 employees and 22 production facilities, including 19 in Italy.

Before that, Del Torchio was CEO of Carraro, a worldwide supplier of transmission systems.

In a released statement, he said, “I am delighted and honored to take on this new important professional challenge today. Ducati is a national champion appreciated all over the world and joining a team that has achieved such great success is a stimulus to do well.”

For more on the transition in Ducati leadership, see the upcoming June 4th edition of Powersports Business.

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