(Alliance News) - Iervolino and Lady Bacardi Entertainment Spa announced Friday that Gianluca Macerola has joined its subsidiary Arte Video.

In addition, alternate auditor Valentina Sorgente has succeeded Federica Izzo on the board of auditors. Izzo left due to having exceeded the limit for accumulating positions.

"We welcome Gianluca Macerola to the Arte Video team. His commitment to the world of production and visual effects fits perfectly with our mission to offer audiences unique cinematic experiences," commented Andrea Iervolino, CEO of Iervolino & Lady Bacardi Entertainment.

"We are confident that the collaboration with Gianluca will lead to exceptional results and new creative opportunities in the future."

ILBE's stock closed Friday up 3.0 percent to EUR0.97 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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