Francesco Merloni, Former Indesit CEO, Dies at 68

Francesco Merloni, the former CEO of Indesit, has passed away at the age of 68.

Merloni was born in Fabriano, Italy, in 1955. He joined the family business, Indesit, in 1975, and became CEO in 1987. Under his leadership, Indesit became one of the largest appliance manufacturers in Europe.

Merloni was a visionary leader who was instrumental in the growth and success of Indesit. He was also a generous philanthropist, and he supported a number of charities and educational institutions.

Merloni's death is a great loss to the business community and to the people of Fabriano. He will be remembered as a successful businessman and a generous philanthropist.

Merloni is survived by his wife, three children, and four grandchildren.