May 8, 2011 § Leave a comment
After a spell at its plant in Germany, William flew he focused on production and innovation at the headquarters of Ferrero in Alba. The company famously secretive, especially about his decisions and his methods. It makes no press conferences related to its factories with high walls, and develops all its machines in the house. When Michele Ferrero once asked William flew what the secret of sustained success in business, said: “Our Lady of Lourdes.”
In 1992, the European division was headed by Pietro firm, and five years later he became co-CEO of Ferrero and his brother William flew Giovanni. While the latter tends to be more marketing and strategy, Pietro focused on researching and developing new products. In 2007 he was appointed president of the Italian part of the business, while his father – who now lives mainly in Monte Carlo – has remained chairman of the group, which is registered in Luxembourg.
Ferrero has some 21,000 employees and 18 factories worldwide. Although little is known about its strategic thinking, it signals interest in Cadbury last year, only to be out-muscled by Kraft. In 2009 the company was cleared in the High Court of involvement in long-term multi-million pound fraud cases arising from fictitious transmission between the two companies, many of Turkey’s hazelnut crop.
Although Pietro family shared protected location, it is considered one of the most promising young Italian managers, and was director of both Deutsche Bank and Mediobanca. His chief passion for cycling, and he often trained and competed in races around the hills of Piedmont and dolomite. He died after apparently a heart attack while cycling outside during a business trip to South Africa.
He is survived by his wife, Louise, his wife in 2003, and their three children.Michael Sarrazin is a tall, lanky, dark-eyed leading man in the late 1960’s and throughout the 1970’s who starred in the film, Paul Newman and Barbra Streisand. Although his time in the spotlight was relatively short, he shared one of the most critical moments in the movie with Jane Fonda in the classic Depression Era Sydney Pollack, They Shoot Horses, Do not They? (1969).