Verallia Packaging has appointed Mr. Michel Giannuzzi as Chairman and Chief Executive officer of the group starting from September 1, 2017.

He will take over from Jean-Pierre Floris, who is appointed as Honorary Chairman and will continue to serve the company as Independent Board Member.

Mr Giannuzzi, 52, served as CEO of Tarkett, a flooring and sports surface solutions provider from 2007 to 2017. Prior to that, Michel Giannuzzi held several leading positions

within the Michelin Group and Valeo Group. He graduated from Ecole Polytechnique.

Mr Floris said: “I am honoured to have led the team that established the independence of Verallia and that implemented the business plan developed in partnership with Apollo and Bpifrance.

“Today marks the beginning of a new phase for Verallia. I am delighted with the choice of Michel Giannuzzi, which I supported. He has all the qualities and the experience necessary to guarantee the deployment of our company’s business strategy.

"I wish Verallia and Michel Giannuzzi every success and I want them to know that they have my full support.

“Verallia is a leader in its industry and Jean-Pierre Floris has built an exceptional team with years of experience in glass packaging manufacturing, which will lay the foundation for a successful future,” said Michel Giannuzzi.