(Alliance News) - Italian Wine Brands Spa announced Tuesday that its board of directors has co-opted Simone Strocchi to the position of nonexecutive director.

Strocchi, who will remain in office until IWB's next shareholders' meeting, holds 250,844 IWB shares through his subsidiary Sip of Italy Srl, plus 2,000 shares held personally.

In addition, the board appointed Gabriella Fabotti, IWB's current CFO, to the role of new Investor Relations Manager.

Italian Wine Brands is on par at EUR22.00 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.