Raimondi Cranes appoints new CEO

Raimondi Cranes appoints new CEO

Raimondi Cranes Group announces the appointment of Luigi Maggioni as CEO. The Board of Directors, represented by Raimondi Chairman HRH Prince Khaled bin Alwaleed bin Talal Al Saud and Executive Vice President Ahmed Alkhoshaibi, made the appointment official during their official visit to the company's headquarters in Italy. With over 16 years' experience in the European manufacturing industry, Mr. Maggioni, former Managing Director of TK Elevator, oversaw nine countries, and during his career gained extensive experience in the management of large global enterprises and the internationalization of companies, as well as in the completion of mergers and acquisitions. His role as CEO extends to all the Group's businesses, including Raimondi's subsidiaries in Turkey and the Middle East. In particular, he will be responsible for catalyzing the brand's internationalization and global growth strategy through mergers and acquisitions and business sector expansion.

This appointment supports Raimondi's recent revitalization programs. On the production front, the company recently launched a significant number of new models, with the aim of increasing its global market share. "Mr. Maggioni's appointment is in line with the company's vision of combining innovation with exemplary quality," said Prince Khaled.