Convotherm Appoints New Managing Director

Villastanza di Parabiago (MI), Italy – As of 1 January 2024, Massimiliano Bizzarri is the new Chief Executive Officer (CEO) of the Rancilio Group. He succeeds Ruggero Ferrari, who has successfully led the Rancilio Group for the past four years, confirming steady growth, also for the last fiscal year.

“I welcome this new challenge with great enthusiasm, and I thank both Ali Group for the trust they have placed in me and Ruggero for the splendid job he has done in recent years,” comments Massimiliano Bizzarri, CEO of Rancilio Group. “I will put all the experience I have gained in my professional career at the company’s disposal, and I am sure that together we will achieve new goals and accompany Rancilio Group towards a new phase of transformation and expansion.”

Massimiliano Bizzarri, 54, holds a degree in Mechanical Engineering and has lengthy experience with multinational industrial groups in different business sectors: from automotive to food processing equipment. He joined Ali Group in September 2023 as Senior Vice President EMEA APAC and in recent years has held senior roles at Interpump Group as Division President (pumps and food processing equipment) and at GEA Group as Business Unit CEO (pasta and extruded products).

“It has been a privilege to lead the Rancilio Group during a period of great global change and I am proud of the results we have achieved in these four years,” says outgoing CEO Ruggero Ferrari. “I have decided to leave the Group for family reasons and to dedicate myself to new professional goals, but I will continue enthusiastically to follow the evolution of the Rancilio Group.”