Forlì, 17th November 2008 – Fabio Fraternale has been appointed CEO of Apreamare S.p.A.. Mr. Fraternale will also carry on the position of CEO of Itama S.p.A., a brand of Ferretti S.p.A., a world leader within the sphere of designing, building and marketing luxury motoryachts, which encompasses nine of the most exclusive and prestigious brands in the nautical world (Ferretti Yachts, Pershing, Itama, Bertram, Riva, Apreamare, Mochi Craft, CRN and Custom Line).
Fabio Fraternale’s appointment is part of a precise and strategic plan for further expanding the Apreamare and Itama brands, which is aimed at strengthening the activities of the two companies. The new Itama headquarters will be transferred to the seat of Torre Annunziata (Naples), already the main seat of Apreamare, in order to maximize the potential of the existing synergy between these two brands. Since September 2008, the offices and activities of the Itama S.p.A. shipyard, located in Castelvecchio di Monteporzio (Pesaro-Urbino) to date, have been transferred to the new site.
Fabio Fraternale, who previously covered the role of CEO of Pershing S.p.A. and Itama S.p.A., will be aided by Tilli Antonelli, Chairman of Itama S.p.A., for aspects pertaining to Itama brand products and Cataldo Aprea, Chairman of Apreamare S.p.A., for those concerning Apreamare brand products.
After graduating in Political Science at the “Carlo Bo” University of Urbino, Fabio Fraternale began his working life at the Banca Popolare dell’Adriatico, where he held management roles in a number of different branches. In 1996, he became manager of Cantieri Navali dell’Adriatico – CNA S.r.l., specializing in the construction of open-type motorboats with the prestigious brand Pershing. In 1998, he worked actively on the integration of Pershing (which went on to incorporate CNA in 1999) into Ferretti group. Following this, Fabio Fraternale was appointed Chief Operating Officer of Pershing S.p.A., subsequently covering the position of CEO of Pershing S.p.A. and Itama S.p.A..
The new nautical pole of Torre Annunziata is a modern production facility, currently being completed. It stretches over a surface area of over 125,000 m², of which 53,000 m² are covered. The shipyard is able to offer services both on land and in the water, as well as top quality assistance for both Ferretti group clients and all other yacht owners. The pole features a private, internal wet dock measuring around 10,000 m² with about 100 mooring spaces, a canal which flows into the sea and coastal defence works that isnecessary for both developing production activities and protecting the stretch of coast. The new pole also has a 200 tonne travel-lift used for large craft, thus making it possible to carry out sea trials and testing both quickly and easily, as well as haulage of Ferretti group craft. The pole makes it possible to assist and serve both clients who are passing through and those in the Tyrrhenian basin, just a few miles from important tourist destinations such as Capri, Ischia and Sorrento.