The CMO of SPI Group, the owner of Stolichnaya, has left the company to return to Italy, as CEO of Montenegro Group.

Marco Ferrari, who joined SPI from Fratelli Branca Distillerie four years ago, was confirmed as Montenegro Group's new chief today. He assumed the post at the beginning of last week.

Details were not immediately available about who Ferrari had replaced in the role.

Montenegro Group owns the Amaro Montenegro and Brandy Vecchia Romagna brands.