Italian furniture manufacturer Natuzzi has announced that Antonio Achille, who has served as the Company’s Chief Executive Officer and executive director since 2021, has stepped down from his roles to pursue new professional opportunities.

Pending the appointment of a successor, the Board of Directors has temporarily delegated the CEO’s responsibilities to the Executive Chairman, Pasquale Natuzzi, who will serve in an interim capacity.

“The Board of Directors wishes to express its sincere gratitude to Mr. Achille for his impactful leadership and significant contributions during his tenure, particularly in driving strategic transformation initiatives and for his strong commitment and professionalism,” a statement said.

“Mr. Achille has expressed his appreciation to Mr. Pasquale Natuzzi, the Company’s shareholders, and the Board of Directors for the trust and support extended to him over the years, which enabled the Company to face complex challenges and pursue meaningful progress.

“He also conveyed his gratitude to the entire Natuzzi team for their dedication and collaboration throughout a period of important evolution. “The Board also thanks Mr. Natuzzi for his willingness to contribute his time and energy to the interim role.”