Carlo Mandelli becomes Chairman and Chief Executive of Monradio and Mondadori International Business

Arnoldo Mondadori Editore SpA today announced that Stefano De Alessandri has indicated his intention to leave the group and the positions he currently holds in the subsidiaries Monradio and Mondadori International Business from 15 July, to take up new professional challenges.

A proposal will consequently be made to the boards of directors of Monradio Srl, the company that manages the radio station R101, and Mondadori International Business Srl, which operates in the area of magazine licensing for the appointment as chairman and chief executive of Carlo Mandelli, who will also remain General Manager of Magazines Italy.

Mondadori wishes to thank De Alessandri for his active collaboration, professionalism and rigour in the exercise of his roles with the company.