Andrea Formica was appointed as the new CEO of Cefla by the Board of Directors following an extensive evaluation and search for a leader with an international background. He will take office as of January 2018.

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Cefla appoints Andrea Formica as new CEO

Andrea Formica was appointed as the new CEO of Cefla by the Board of Directors following an extensive evaluation and search for a leader with an international background. He will take office as of January 2018.

Born in Venice in 1961, Andrea Formica holds a degree in Economics at Siena University and an MBA at the Bocconi School of Management. He comes from a strong experience in the automotive sector, where he held several international positions. In 1999, at the young age of 38, led him to become Chairman and MD of Ford Italy. Later on he acted as Senior Vice President at Toyota Motor Europe in Brussels, and following that, he was appointed as CEO at Fiat Automobiles, with responsibility for the group’s sales as well as the full product portfolio. Andrea Formica is currently a Board Member of Piaggio & C.

Cefla is a multi-business Italian group founded in 1932 in Imola (Bologna) by nine shareholders, today employing around 2000 people with a global footprint (26 offices).