An Abrupt End: Campari CEO Resigns After Only Five Months

The sudden resignation of Davide Campari's CEO, Matteo Fantacchiotti, after only five months in office, marks the end of a disappointing period for the shareholders of the Italian aperitif manufacturer. Prior to Wednesday's price drop, triggered by the news of Fantacchiotti's departure, the shares had recorded a loss of 15% since he took office in April. This performance stands in stark contrast to the 11% annual return achieved by his predecessor Bob Kunze-Concewitz over a 17-year tenure and the impressive 29% under Enzo Visone, who served as CEO from 2004 to 2007, according to Bloomberg data.