Natuzzi officially announced the appointment of Aldo Uva to its Board of Directors today. Hence, it is an important decision by the executive that will begin the process of leadership transition at Natuzzi.
Secondly, the shareholders gave their approval to increase the number of board at the general meeting held on September 11, 2026. Therefore, the board expects to formally name Mr. Uva as Chief Executive Officer by mid-October. Meanwhile, Mr. Uva will engage with executive managers throughout September to ensure a smooth operational handover.
Additionally, Mr. Uva brings over 30 years of global executive experience to Natuzzi. Previously, he led strategic repositioning and operational turnarounds across multiple consumer sectors. In fact, he previously served as Chief Executive Officer of the company from 2008 to 2009. Thus, his deep familiarity with corporate operations will directly benefit Natuzzi.
Leadership Background and Corporate Strategy
Moreover, Mr. Uva previously held senior leadership roles at major international corporations. For instance, his past tenure includes executive positions at Ferrero, Nestlé, Indesit, and Incredo LTD. Furthermore, he consistently drives organizational redesign, operational excellence, and rapid international expansion across global markets.
“I am honored to join Natuzzi, an iconic Italian brand with a distinctive heritage, global recognition and significant untapped potential,” said Aldo Uva. “I believe that the Group has the fundamental strengths to build a successful new chapter and pursue sustainable long-term value creation.
Our priority now is to turn that potential into improved performance. We intend to unlock the full power of the Natuzzi brand while simplifying the business, streamlining operations and reshaping the Group’s cost base with the aim of redirecting resources toward targeted investments in growth, innovation and the future. We also intend to apply rigorous discipline to execution, with a clear focus on profitability, cash generation and the efficient allocation of resources. The transformation ahead is expected to require difficult choices, but also speed, focus and the courage to change. Our objectives are clear: to restore competitiveness, build a financially stronger Company, return Natuzzi to sustainable and profitable growth, and create lasting value for our shareholders, our customers, consumers, and our people.
We will pursue performance and efficiency with determination, while fostering a socially sustainable working environment in which people can contribute, grow and take pride in being part of Natuzzi’s future.”
Pasquale Natuzzi, Chairman of the Board of Directors, commented: “I have known Aldo for more than 20 years and have followed his professional achievements with great appreciation throughout that time. I am confident that his extensive international experience has equipped him with the leadership capabilities required to execute with discipline the strategic guidelines approved by the Board and help the Group restore long-term efficiency and profitability.”
Consequently, Natuzzi aims to streamline operations and optimize resource allocation across all global divisions. Furthermore, the management team will focus heavily on disciplined execution, profitability, and cash generation. Finally, this strategic transition strengthens the market position of Natuzzi within the luxury home furnishings sector.
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Source: Businesswire
