submitted by ITALIAN EXHIBITION GROUP
Rimini, 5 September 2023 – Italian Exhibition Group S.p.A., a leading company in Italy in the organization of international trade fairs and listed on Euronext Milan, a regulated market organized and managed by Borsa Italiana S.p.A., announces that the Chairman of the Board of Directors with power of attorney, Mr. Lorenzo Cagnoni passed away today.
Cagnoni was born in and lived his whole life in Rimini, where he served as a public administrator and entrepreneur. From 1966 until 1983 he was Councilor for Scholastic Services, Health, Finance, and Budget and Economic Activities of the Municipality of Rimini. In 1983 he became Deputy Mayor and served until 1989.
On the business side, Cagnoni became president of AERADRIA, which manages Rimini Airport’s ground services, and in 1992 became chairman of Centro Agroalimentare S.p.A. A member of the board of directors of Rimini Trade Fair Board since 1992, Cagnoni assumed the chairmanship in 1995. With the changeover to a joint-stock company, he became chairman of Rimini Fiera SpA. His leadership in the private and public sectors cannot be understated in the transformation of Rimini from a provincial summer tourist destination into a European all-year-round center of hospitality.
The Board of Directors of the IEG, having heard the sad news, expressed deep condolences to his family for their great loss. IEG announced that the Board of Directors will appoint the new Chairman in accordance with the provisions of the current law and its Articles of Association.
To the best of the IEG’s knowledge and on the basis of available information, at the date of this press release, Mr. Lorenzo Cagnoni holds 13,000 shares of IEG.
He is survived by his wife, Gianna, and two daughters.
Italian Exhibition Group S.p.A., with facilities in Rimini and Vicenza, has achieved national leadership in the organization of tradeshows and conferences. The development of activities abroad, also through joint ventures with global and local organizers in the United States, United Arab Emirates, China, Mexico, Germany, Singapore, and Brazil, now sees the company positioned among the top European operators in the sector.
Additional source by Kerstan Szczepanski, Exhibit City News
