Francesco Merloni, Former Head of Indesit Company, Dies at 83

Business Leader and Philanthropist Remembered for Contributions to Italian Industry

Francesco Merloni, the former head of the Indesit Company and a prominent figure in Italian industry, passed away at the age of 83. Merloni was known for his leadership and innovation, which helped transform Indesit into one of the world's leading home appliance manufacturers.

Early Life and Career

Born in Fabriano, Italy, in 1939, Merloni began his career in the family business, Merloni Elettrodomestici. Under his leadership, the company expanded its operations and became a major player in the home appliance market. In 1975, Merloni became the president of the company, a position he held until 2005.

Indesit's Global Success

Under Merloni's guidance, Indesit became a global brand, known for its innovative and affordable appliances. The company acquired several other appliance manufacturers, including Hotpoint and Ariston, and established a presence in over 100 countries.

Philanthropy and Legacy

Merloni was also a respected philanthropist. He established the Francesco Merloni Foundation, which supported education, healthcare, and social welfare initiatives. He was also a patron of the arts and culture, and helped to establish the Teatro della Fortuna in his hometown of Fabriano.

Recognition and Awards

Merloni's contributions to industry and society were widely recognized. He received numerous awards and honors, including the Grand Officer of the Order of Merit of the Italian Republic and the Ambrogino d'Oro from the city of Milan.

Continued Legacy

Francesco Merloni's legacy will continue to inspire future generations of entrepreneurs and philanthropists. His leadership and innovation transformed the home appliance industry, and his commitment to giving back to society left a lasting impact on his community and beyond.