ITALY: Marchesi de’ Frescobaldi appoints new president

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Italian wine group Marchesi de’ Frescobaldi has appointed a new president, as its eyes Asia's emerging markets. 

Lamberto Frescobaldi will replace his uncle, Leonardo Frescobaldi, as head of the Tuscany-based producer, it announced yesterday (11 September). Leonardo has been head of the group for six years. 

Lamberto, who is the 30th generation of the family to run the firm, said: “My main goal is to continue the successful direction of the company in both traditional markets, such as the US, and take advantage of the emerging ones, such as Asia.”

Last year the company appointed two new executives to help boost its presence in the US

Marchesi de’ Frescobaldi, founded in the 14th century, owns nine wine estates totalling around 1,100 hectares.

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