(Alliance News) - doValue Spa announced Thursday that its board of directors has confirmed Manuela Franchi as chief executive officer.
The company's chairman, Giovanni Castellaneta, expresses "great satisfaction on behalf of the board with the choice and stresses that the selection process - thorough and thorough - was carried out according to best practices, choosing among candidates of high professional and human standing."
As part of that process as well as during her service in the company - including as interim CEO -, "Manuela Franchi has proven to be the best choice to lead the company. The board of directors has full confidence in the new CEO's ability to give new impetus to the group, accompanying it in its growth both in traditional markets and towards new businesses, in the interest of all stakeholders."
To date, Franks holds 19,529 shares in the company.
DoValue's stock closed Thursday up 1.6 percent at EUR4.39 per share.
By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter
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