Shifting Gears Italian-style! Dainese Group, is bringing in C-suite exec Angel Sánchez as its new Chief Executive Officer, effective November 2nd, just in time for EICMA. Cristiano Silei, CEO of Dainese since 2015, becomes non-executive Chairman of the company.
"I am excited to join Dainese, a company and a brand I have admired for many years," claims Sánchez, who previously held senior leadership roles at leading international groups including Keter, ABM Italia and Conserve Italia. “I look forward to harnessing the power of the respective brands of the Group and capturing the multiple growth opportunities that lie ahead, including continuing to expand its direct-to-consumer channels and growing its presence in high potential markets, such as China.”
“We are pleased that Angel has joined Dainese at this important moment in the Group’s history,” says Massimiliano Caraffa, Managing Director and Partner leading Consumer & Retail for the Carlyle Europe Partners advisory team. “I have known Angel for years, and he brings with him a wealth of experience and an exceptional track record that make him the ideal candidate to lead Dainese as it embarks on this next phase of growth. I would also like to take this opportunity to thank Cristiano for his leadership of Dainese, and I am delighted that the company will continue to benefit from his considerable industry expertise and knowledge as he takes on his new role as non-executive Chairman.”
“It has been an honor to lead Dainese for the past 9 years,” says Silei. “Dainese is a phenomenal business with significant growth potential, and I am truly excited to welcome Angel and support him as we continue to consolidate the company’s leadership positioning in R&D, innovation and technical excellence, whilst accelerating our international expansion.”
Prior to joining Dainese, Sánchez was CEO of Conserve Italia, one of the largest Food & Beverage cooperatives in Europe, which includes brands such as Cirio, Yoga and Valfrutta, where the businesses doubled EBITDA during his time at the helm. He was previously CEO of ABM Italia, a European leader in the manufacturing of cabinets, shelving and other storage products.
