Appointments & Banknote paper

Fedrigoni Group has a new Managing Director for Paper&Security division

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The Fedrigoni Group owned by the US fund Bain Capital, which also controls the former paper mills Cartiere Miliani in Fabriano has strengthened its Paper division. Luca Zerbini has been appointed as the new Managing Director for the Paper & Security division. With this appointment, the leading Italian company in the production and sale of high value-added papers for packaging and graphics, as well as self-adhesive labelling products, has made yet another step forward in the growth of its Paper division, which was already strengthened at the end of 2019 thanks to the hiring of two internationally recognised managers.  In the meantime, the news has come that a new order for the banknote sector has been acquired, which will provide for the full operation of the Fabriano plants, in the Italian region of Marche, until the end of the year. The choice of Luca Zerbini as MD for the division confirms the company’s aim to become more international.  Born in Sassuolo, Modena, in 1972, Luca Zerbini obtained his degree in Engineering from Milan Polytechnic and his master in Business Administration from Wharton, University of Pennsylvania. He has worked extensively abroad, with long-term managerial positions in organic growth, marketing strategy, business development and innovation, and sustainability policies in various international companies, including Hewlett-Packard, Bain & Company, Florida Tile, Honeywell and Amcor, the world leader in flexible packaging, where he was Vice President and General Manager for the Film & Foil business unit, heading the Flexibles Sustainability Initiative, before moving to Fedrigoni. Luca Zerbini is also a fellow of The Marketing Academy and Institute for Real Growth. From the point of view of production, the Banknote and Security division reports good news. A major order to produce 10 and 20 euro banknotes for Greece. In this way, the 130 employees working at the Fabriano mill are certain that production will last until the end of the year. Over the last few months, the company will indeed try to participate in the international tenders in this market segment to try and obtain additional orders.