Serie A champions AC Milan appointed a new CEO Friday, picking Giorgio Furlani to succeed Ivan Gazidis, who steps down in December.
The club said Furlani, “a Milan native and lifelong Milanista”, has served as a member of the AC Milan Board of Directors since 2018.
He played “an integral role in the club’s success under the ownership of Elliott Advisors, from which he will step down,” it said in a statement.
Milan was acquired from Elliot Advisors by American investment group RedBird at the start of the season.
“Giorgio knows both the club and the city intimately and has established the trust and confidence of the team at Casa Milan over the last four years,” RedBird’s founder and managing partner Gerry Cardinale was quoted as saying.
“This will enable him to transition to this new leadership role seamlessly so that we can keep our focus on the larger goals ahead of us,” he added.
