(Alliance News) - Promotica Spa announced Thursday the appointment of Luca Alborghetti as chief financial officer.

The company notes that Alborghetti has held central roles as head of administration, finance and control and head of planning and control in companies operating in the ICT sector and training and publishing dedicated to professionals. In addition, he has held the position of planning and control manager in a holding company in the large-scale retail sector since 2010.

Diego Toscani, chief executive officer of Promotica, commented, "We are confident that his strategic vision and commitment will contribute significantly to our growth and the achievement of company goals. The training and roots linked to our territory combined with the experience accumulated in leading realities with international scope represent Luca's added value to start the new challenge in Promotica."

Promotica's stock closed Thursday 1.8 percent in the red at EUR2.16 per share.

By Chiara Bruschi, Alliance News reporter

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