(Alliance News) - Zest Spa announced on Wednesday the resignation of Alessandro Malacart from his position as director and chief executive officer with immediate effect.

The decision follows the signing of a settlement agreement between Malacart and the company.

At the same time, the board of directors appointed Fabrizio Marziali, the company's current chief financial officer, as the new CFO.

Zest shares closed Wednesday down 2.3% at EUR0.1705 per share.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2025 Alliance News IS Italian Service Ltd. All rights reserved.