Salvatore Basile of Ferretti dies suddenly

27 March 2011• Written by Malcolm MacLean

Ferretti Group CEO Salvatore Basile died suddenly yesterday, March 27th, aged 58, after suffering a heart attack.

The group released the following statement: “The entire Ferretti Group team, chairman Norberto Ferretti, the board of directors and the executive

committee, deeply shaken by his premature death, share the sorrow that Mrs Basile and family bear. He will always be remembered for the great love he had for his work, his strategic vision and strong, sensitive personality, qualities he managed to convey instantly to all group employees, with enthusiasm, motivation and strength.”

Basile was appointed CEO at Ferretti Group in 2009 and managed the group’s reorganisation and relaunch following a massive debt-fuelled expansion in the previous years.

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