The Italian shoe and leather goods manufacturer, Bruno Magli has announced the appointment of Martino Scabbia Guerrini as Chief Executive Officer of the company.

Previously with fashion brand Fay, Scabbia Guerrini has been appointed to implement a new positioning plan for the company which was proposed earlier this year. The company agreed a recovery deal with creditors in March 2004, which involves refinancing the company’s debts and transferring liabilities to a parent company, Newinvest. Bruno Magli became part of Opera SA group – owner of 55% of Bulgari – in 2001.

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