Andrea Guerra (businessman)
Andrea Guerra (born 26 May 1965) is an Italian businessman.
Guerra was CEO of Luxottica from July 2004 to August 2014.[1] Before that, he worked for ten years in Merloni Elettrodomestici, now Indesit Company, rising to managing director. Since October 2016, he has been executive chairman of Eataly.
Early life[]
Guerra was born in Milan.[citation needed] He attended St. George's British International School before graduating with a degree in Business from Sapienza University of Rome in 1989.[citation needed]
Career[]
Guerra began his professional activity with Marriott Italia, where he rose to the office of marketing manager.[2] In 1994 he joined Merloni Elettrodomestici, where for six years he held responsible jobs in sales, production and central services.
In 2000 he was appointed group's CEO,[3] replacing outgoing manager Francesco Caio which was at the end of his mandate, and thus became the Italian youngest CEO of a listed company.
Under his guidance, Merloni Elettrodomestici increased sales each year and closed 2003 with €3,008 million, 21% more than the previous year.[4] In 2004 Andrea Guerra left this position to join Luxottica,[5] and his place at Merloni Elettrodomestici was taken over by general manager Marco Milani.[6] In addition to official recognition from Merloni Elettrodomestici for the results achieved during his tenure,[7] Andrea Guerra was included in the 2004 Financial Times list of "25 business stars".
Luxottica[]
Guerra joined Luxottica in 2004 as CEO, in place of Roberto Chemello, who had held that position since 1985.[8] Under Guerra's stewardship, the value of Luxottica's share price rose from €14 in 2003[9] to €40 in 2014, and company sales almost tripled, from €2.8 billion in 2003 to over €7 billion in 2013.[10] Andrea Guerra stayed his position until 1 September 2014,[11] when Leonardo del Vecchio, Luxottica's founder and chairman announced his departure at the end of the board of directors term.[12] In recognition of his work at Luxottica, Guerra was named the second-best CEO in Italy in the 2014 Thomson Reuters classification, behind Mario Greco, Assicurazioni Generali's CEO.[13]
Other positions[]
Guerra is a member of the committee of Italian Strategic Fund (Fondo Strategico Italiano S.p.A.),[14] a member of boards of Amplifon S.p.A.[15] and Ariston Thermo S.p.A. , and a shareholder of online newspaper Linkiesta.[16] He also sits on the boards of directors of Bocconi University and Save the Children Italia Onlus.[17] Over the years he has held the position of director on the boards of Parmalat S.p.A., Banca Nazionale del Lavoro[18] and Dea Capital S.p.A.[19] In the February 2014, when Matteo Renzi's government was being formed, some Italian media suggested his possible involvement in the government team,[20] this possibility denied by Guerra himself.[21]
Private life[]
Guerra is married, and has three children.[citation needed]
References[]
- ^ "Subscribe to read". Financial Times. Retrieved 14 September 2018. Cite uses generic title (help)
- ^ "Andrea Guerra profile on Forbes". forbes.com. Retrieved 14 September 2018.
- ^ "Indesit press release: Andrea Guerra appointed new Chief Executive Officer". indesitcompany.com. Retrieved 14 September 2018.
- ^ "Indesit Annual report 2003" (PDF). indesitcompany.com. Retrieved 14 September 2018.
- ^ "Prenewswire: Leonardo Del Vecchio to Recommend Appointment of Andrea Guerra as New Chief Executive Officer of Luxottica Group". prnewswire.com. Retrieved 14 September 2018.
- ^ "Indesit Company - Marco Milani appointed new CEO at Merloni Elettrodomestici". www.indesitcompany.com. Retrieved 14 September 2018.
- ^ "Design News". Design News. Retrieved 14 September 2018.
- ^ "Terms of Service Violation". investing.businessweek.com. Retrieved 14 September 2018.
- ^ "Luxottica Financial Report 2013" (PDF). luxottica.com. Retrieved 14 September 2018.
- ^ "Luxottica Annual Report 2013" (PDF). luxottica.com. Retrieved 14 September 2018.
- ^ "Terms of Service Violation". www.bloomberg.com. Retrieved 14 September 2018.
- ^ "Reuters: Luxottica announces the implementation of a new governance structure based on a co-CEO model". Reuters. Retrieved 14 September 2018.
- ^ "Thomson Reuters Extel Ranking" (PDF). ilsole24ore.com. Retrieved 14 September 2018.
- ^ "Andrea Guerra Biography on FSI website". fondostrategico.it. Archived from the original on 3 March 2016. Retrieved 14 September 2018.
- ^ Amplifon website – Members of the Board of Directors Archived 29 November 2014 at the Wayback Machine
- ^ Linkiesta website: shareholders list Archived 20 December 2014 at the Wayback Machine
- ^ "Chi siamo - Save the Children Italia". savethechildren.it. 18 September 2015. Retrieved 14 September 2018.
- ^ "BNL – Members of the Board of Directors" (PDF). bnl.it. Retrieved 14 September 2018.
- ^ Andrea Guerra biography on DeaCapital’s website Archived 12 September 2014 at the Wayback Machine
- ^ "Subscribe to read". Financial Times. Retrieved 14 September 2018. Cite uses generic title (help)
- ^ McKenna, Josephine (16 February 2014). "Matteo Renzi still struggling to form Italian government". Retrieved 14 September 2018 – via www.telegraph.co.uk.
External links[]
Wikimedia Commons has media related to Andrea Guerra. |
- Italian chief executives
- 1965 births
- Living people
- Eataly people