Alessandro Benetton

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Alessandro Benetton
Born (1964-03-02) 2 March 1964 (age 54)
Treviso
Nationality Italian
Employer 21 Investimenti S.p.A.
Benetton Formula

Alessandro Benetton (born 2 March 1964 in Treviso) is an Italian businessman.

He served as Chairman of the Benetton Group from April 2012 to May 2014.

Career[edit]

In 1992, Alessandro Benetton created 21 Investimenti S.p.A.. Today the European Group has offices in Treviso, Milan, Paris, Geneva and Warsaw. He is one of the pioneers of private equity in Italy.[1] Among the companies it has successfully relaunched are Pittarosso[2] and The Space Cinema.[3]

He served as Chairman of the Benetton Formula from 1988 to 1998.[4] His chairmanship years were marked by Formula One victories (26 out of the team’s total 27), including two world titles won with Michael Schumacher[5] in 1994 and 1995, a manufacturing victory in 1995, and a collaboration with Nelson Piquet, Jean Alesi, Riccardo Patrese, Alessandro Nannini.

From 1988 to 1989, he worked in the Global Finance department at Goldman Sachs International in London as an analyst in the Mergers and Acquisitions and Equity Offering sectors.

In 2012, Luciano Benetton handed over the chairmanship of the Benetton Group to his eldest son Alessandro.[6]He later chaired the company for two years, from 2012 to 2014.[7]

He received the America Award of the Italy-USA Foundation in 2016.

Also in 2016, Alessandro Benetton stepped down from Benetton Group Board of directors, due to differences with the company's new strategies.[8]

Other positions held[edit]

He is a member of the Advisory Committee of Robert Bosch International Beteiligungen AG in Zurich, the consultancy unit of the Swiss holding for the foreign activities of the Bosch Group. He is currently also on the Board of Directors for Edizione S.r.l., and Autogrill S.p.A.. In June 2017 He became President of Cortina Foundation 2021, the entity responsible for the organization of the FIS Alpine World Ski Championship scheduled in Cortina d’Ampezzo (BL) for January 2021[9].

Education[edit]

The major part of his studies took part in the United States. He graduated from Boston University in 1987 with a degree in Business Administration. He received a Master of Business Administration from Harvard in 1991.[10]

Private life[edit]

Alessandro Benetton is the son of Luciano Benetton and Maria Teresa Maestri. He is married to former Olympic and Alpine World Ski champion Deborah Compagnoni, with whom he has three children: Agnese, Tobias and Luce. He is involved in a variety of sports at a competitive level, particularly Alpine skiing[11] (he is a coach for the Italian Winter Sports Federation) and kite surfing.[12] He is a big fan and collector of modern art.

Honors[edit]

In 2010 he was appointed[13] Cavaliere del Lavoro by the President of the Italian Republic, Giorgio Napolitano.

Awards[edit]

In 2012 he sponsored United Colors of Benetton UnHate communication campaign, winner of the Press Grand Prix at Cannes Lions International Festival of Creativity.[14] In 2011 he was named Entrepreneur of the Year by EY.[15]

External links[edit]

References[edit]

  1. ^ "Executive profile: Alessandro Benetton". Bloomberg.com.
  2. ^ "PittaRosso bought by British private equity firm Lion Capital". uk.fashionmag.com.
  3. ^ "21 Investimenti exits Space Cinema". uk.fashionmag.com.
  4. ^ "Benetton Group - Corporate Website". www.benettongroup.com. Retrieved 2017-11-22.
  5. ^ Wood, Zoe (2009-02-06). "The Friday Interview: Alessandro Benetton". The Guardian. ISSN 0261-3077. Retrieved 2017-11-22.
  6. ^ Hurley, Josephine McKenna and James (2012-04-22). "Luciano Benetton hands over fashion empire to his son". ISSN 0307-1235. Retrieved 2017-11-22.
  7. ^ "Benetton Heir Alessandro Goes It Alone With Private Equity Firm". Bloomberg.com. 2016-04-06. Retrieved 2017-11-22.
  8. ^ Zargani, Luisa (2016-11-28). "Alessandro Benetton to Exit Board of Directors". WWD. Retrieved 2017-11-22.
  9. ^ "Alessandro Benetton named President of the Cortina 2021 Foundation".
  10. ^ "Face Value - New colours at Benetton". The Economist. November 1, 2007.
  11. ^ "Shop Talk: A Ski-Shop Excursion With Alessandro Benetton". The Wall Street Journal.
  12. ^ "Alessandro Benetton Revels in Outdoor Sports". The Wall Street Journal.
  13. ^ "Presidenza della Repubblica Italiana - Alessandro Benetton Cavaliere dell'Ordine Al Merito del Lavoro".[permanent dead link]
  14. ^ "Benetton Group press release - First accolade for Unhate at the Cannes International Festival of Creativity".
  15. ^ "Alessandro Benetton's Youtube - World Entrepreneur of the Year, by Ernst&Young".