Campari Group has lined up a replacement for Matteo Fantacchiotti as he prepares to move up to the CEO position.
Fantacchiotti, who was promoted from Asia Pacific MD to deputy CEO in September, will replace Bob Kunze-Concewitz on 11 April. Stepping in as regional lead is Matthijs Kramer, who has been MD of operations in Italy since September 2019.
Kramer joined the group in 2007 as business development/M&A manager and has held roles including MD of Campari Switzerland and of Campari Germany. He has taken on Asia Pacific responsibilities this week.
Last year ended with Campari Group agreeing to acquire Courvoisier cognac for Beam Suntory. Valued at US$1.32bn, the transaction “will enable a significant step up in the US while also permitting long-term transformational potential in the strategic Asia Pacific region”, Fantacchiotti said at the time.
