Ready for take-off Until recently a family-owned Italian company, the Forgital Group is now positioned for global growth
In
August 2020, Forgital Group, the Italian-based manufacturer of large forged and machined components for the global aerospace and industrial sectors, announced that Aldo Carrabino had been appointed acting Group CEO. Luca Zacchetti, the previous CEO, was stepping down from his full-time role for personal reasons. Aldo Carrabino, who joined Forgital as CFO in November 2019, will continue to act as CFO alongside his interim Group CEO position. The company is evaluating candidates to take over the Group CEO role on a permanent basis, while Luca Zacchetti will join the Strategic Committee of Forgital to continue to closely support Forgital in its future development. The Board of Directors at Forgital Group, said: “We are grateful for the significant contribution Luca has made to the development of Forgital in his time as CEO, including securing a smooth transition from an entrepreneurial and family-owned company to its current 82 Industry Europe
role as part of a global group. Thanks to Luca, the company has strengthened its relationships with existing customers and started new strategic commercial partnerships, paving the way for a major global growth platform, notably in the aerospace sector.” “We are also delighted that Aldo has agreed to be Group CEO ad interim while the Board finds a permanent successor. Since joining Forgital, Aldo has successfully led the finance function delivering on many opportunities to improve efficiency and performance and we have every confidence in his ability to steer the company as CEO for the months ahead.”
Joining a global group Founded in 1873 in Vicenza, Italy by the Spezzapria family, Forgital is a specialist manufacturer of machine-finished forged and laminated rolled rings, made from several different materials, including steel, aluminium, titanium, and nickel-based alloys. Its products