The Ferrero Group announces a new governance in Turkey

The Ferrero Group announces a new governance with the appointment of Mr. Aldo Kaslowski to Ferrero Findik's and Ferrero Cikolata's Board Presidency starting from September 4th.

Mr. Aldo Kaslowski has a long-standing and extensive knowledge of Turkish and Italian business in Turkey and his experience will contribute to the evolution of Ferrero's presence in Turkey.

Ambassador Carlo Marsili, Ambassador of Italy to Ankara from 2004 to 2010, will continue to serve as Honorary President and High Councilor for Political Affairs as he has done for the past seven years.

"The new Governance structure aims to strengthen the Ferrero Group's business in Turkey" said Marco Capurso, Chief Business Officer.

Ferrero’s main activities in the country include substantial investments in the Black Sea hazelnut sector, in addition to its important production plant in Manisa, which is also developing as an important export hub to neighboring countries.

Ferrero has taken on a leading role as a developer, manufacturer and exporter in the Turkish economy, and as such, creates great value through its investment and commercial and agricultural activities in Turkey.

"The new Governance is further confirmation of the Group’s commitment to developing an increasingly closer and stronger relationship with the country" said Aldo Uva, Open Innovation & Chief Operating Officer of the Ferrero Group.