Francesco Merloni: Former CEO of Indesit Company Dies at Age of 83

Obituary

Francesco Merloni, a former CEO of Indesit Company, passed away due to a long-term illness. The business magnate was 83 years ld. Merloni served as the CEO of the home appliance manufacturer from 1975 to 2010.

Ariston Thermo Group, the parent company of Indesit Company, confirmed Merloni's death in a statement. The group expressed its condolences to the Merloni family and lauded the former CEO's contribution to the company's growth and success.

Legacy

Under Merloni's leadership, Indesit Company became one of the leading home appliance manufacturers in Europe. Merloni was instrumental in the company's expansion and internationalization, establishing manufacturing plants and distribution networks across the continent.

Merloni was also known for his commitment to innovation and technological advancement. He oversaw the development of several groundbreaking products, including the first Italian washing machine with a built-in dryer.

Awards and Recognition

Merloni's contributions to the home appliance industry were widely recognized. He received numerous awards and accolades, including the Leonardo Qualità Italia Award in 2005 for his leadership in promoting Italian quality and design.

In 2010, Merloni stepped down as CEO of Indesit Company but remained as the company's honorary chairman. He continued to play an active role in the company's strategic planning and development.

Personal Life

Francesco Merloni was born in Fabriano, Italy, in 1939. He graduated in Economics and Business from the University of Urbino. Merloni was married to Liliana Gorga and had three children.