Ducati Motor Holding Announces the Resignation of Mr.Roberto Maestroni as Director of the Company and Co-option of Mr.Gabriele D
02 Maggio 2007 - 7:58PM
PR Newswire (US)
Vesting of Executive Powers BOLOGNA, Italy, May 2
/PRNewswire-FirstCall/ -- Pursuant to Article 114 of Legislative
Decree no. 58 of February 22, 1998 (as amended), and of Article 66
of the Regulation adopted by Consob pursuant to resolution no.
11971 of May 14, 1999 (as amended) and of Article IA2.9.7 of the
Instructions accompanying the Rules of the Markets organized and
managed by Borsa Italiana S.p.A. During the meeting of the Board of
Directors of Ducati Motor Holding S.p.A. (Borsa Italiana: DMH;
NYSE: DMH) held today, Mr. Roberto Maestroni resigned his position
as a director of the Company. The Board of Directors resolved to
coopt Mr. Gabriele Del Torchio to fill the vacant position and
vested Mr. Gabriele Del Torchio with executive powers related to
the coordination of the Company's development strategies in
coordination with the Company's Board of Directors and senior
management. During the meeting of the Board of Directors of Ducati
Motor Holding S.p.A. held on May 2, 2007, Mr. Roberto Maestroni
resigned his position as a Director of the Company. Mr. Roberto
Maestroni, formerly a non-executive director, resigned for personal
reasons and the Board of Directors resolved to appoint by co-option
Mr. Gabriele Del Torchio as a Director of the Company and to vest
him with executive powers related to the coordination of the
Company's development strategies. As of the date of his
resignation, Mr. Roberto Maestroni held no shareholdings in Ducati
Motor Holding S.p.A. and in its subsidiaries. Mr. Gabriele Del
Torchio accepted the appointment and, in light of the executive
powers delegated to him, qualifies as an executive director of
Ducati Motor Holding S.p.A. Mr. Gabriele Del Torchio's curriculum
vitae is available at the Company's registered office. As of the
date of his appointment, Mr. Gabriele Del Torchio held no
shareholdings in Ducati Motor Holding S.p.A. and in its
subsidiaries. Founded in 1926, Ducati builds racing-inspired
motorcycles characterized by unique engine features, innovative
design, advanced engineering and overall technical excellence. The
Company produces motorcycles in seven market segments which vary in
their technical and design features and intended customers:
Superbike, Supersport, Monster, Sport Touring, Multistrada
SportClassic and the new Hypermotard. The Company's motorcycles are
sold in more than 60 countries worldwide, with a primary focus in
the Western European, Japan and North American markets. Ducati has
won fourteen of the last sixteen World Superbike Championship
titles and more individual victories than the competition put
together. Since 2003 Ducati has also been taking part in the MotoGP
World Championship. For more information about the Company, please
visit our web site at http://www.ducati.com/ This press release is
not an offer to invest in Italy, according to Art. 1, lett (t) of
the Italian Legislative Decree no. 58 of February 24th, 1998, or in
any other country. This press release cannot be transmitted or
distributed to any persons in the United States or in any country
where its distribution is not allowed without the express approval
from the relevant authorities. DATASOURCE: Ducati Motor Holding
S.p.A. CONTACT: For further information, please contact: Federico
Strano Director Investor Relations Ducati Motor Holding S.p.A. Via
Cavalieri Ducati, 3 Bologna 40132, Italy, e-mail: , Main Tel:
+39-051-6413111, Direct Tel: +39-051-6413213-2
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