Ducati announces new CEO

Published: 22 May 2007

Ducati’s board of directors has announced the company’s new Chief Executive Officer is to be Gabriele Del Torchio.

Mr Del Torchio will be charged with managing Ducati’s general business and affairs, and also has an executive position on the board of directors. He said yesterday: “'I am delighted and honoured 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.”

Giampiero Paoli has also been announced as the company’s new chairman, who will coordinate the board of directors in a non-executive position.

The former CEO Federico Minoli announced his resignation on a video on the official Ducati weblog site on Monday May 14, and finished with the company yesterday (May 21). In his last blog entry, Mr Minoli also announced that he is to auction the collection of memorabilia from his office, including the tail unit from the Desmosedici GP7 Casey Stoner rode to victory in the first MotoGP race of 2007. See Ducati’s website this Thursday for more details of the auctions, which will raise money for Riders for Health.