Allison Names Romano New CEO, Appoints Bazzara Head of Int’l Sales

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PADUA, Italy— Allison S.p.A has announced that it will name Jacopo Romano chief executive officer at the next board of directors meeting to approve the company’s 2012 financial results. Additionally, the company has singled out Roberto Bazzara as international sales executive and Massimiliano Zegna Baruffa to oversee product development.

Romano, previously of Paladin Capital Partners, the private equity firm that acquired Allison in 2004, has been working at the company since 2009 and is already a member of the company’s board of directors. According to the company, his appointment reinforces the presence of the firm at Allison during this transitional phase of strategic improvement, development and relaunch of the company following the company’s debt restructuring, as reported.

To support the relaunch, Allison has appointed Roberto Bazzara as international sales executive to oversee the strengthening of its sales network. According to the company, this is being done through the partnership of a new direct agent in North America, the signing of production and distribution agreements in Brazil and the expansion of the sales forces in Italy and Europe.