Giuseppe Desantis Resigned from the Natuzzi Group
September 14 2006 - 6:02AM
Business Wire
Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or "the Company"), the world's
leading manufacturer of leather-upholstered furniture, today
announced that Giuseppe Desantis has resigned as General Manager,
effective November 1st, 2006. However, he will continue to keep the
office as Vice Chairman of the Board of Directors, even if without
any management mandate. The Company would like to thank Giuseppe
Desantis for his precious contribution to the Group over the past
years and wishes him well in his future endeavors. ABOUT NATUZZI
S.P.A. Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. designs
and manufactures a broad collection of leather-upholstered
residential furniture. Italy's largest furniture manufacturer,
Natuzzi is the global leader in the leather segment, exporting its
innovative, high-quality sofas and armchairs to 123 markets on 5
continents. Since 1990, Natuzzi has sold its furnishings in Italy
through the popular Divani & Divani by Natuzzi chain of 124
stores, which it licenses to qualified furniture dealers, and 1
Natuzzi Store. Outside Italy, the Company sells to various
furniture retailers, as well as through 151 licensed Divani &
Divani by Natuzzi and Natuzzi Stores. Natuzzi S.p.A. was listed on
the New York Stock Exchange on May 13, 1993. The Company is ISO
9001 and 14001 certified.
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