AC Milan have officially confirmed today that Giorgio Furlani has been appointed as Chief Executive Officer to succeed Ivan Gazidis.
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A statement on the club website confirms that Furlani will take over from Gazidis in the role of CEO given that he will be leaving the club when his contract expires at the beginning of next month.
Furlani is a Milan native and has been a lifelong fan of the club, while he has been present on the Milan Board of Directors since 2018 when Elliott Management took control of the club, so now he will step down to take up the position of CEO at AC Milan.
Commenting on the appointment, RedBird Capital Partners Founder and Managing Partner Gerry Cardinale revealed his enthusiasm.
“When RedBird Capital Partners agreed to become custodians of AC Milan, we spoke of bringing our expertise in sports, media and entertainment to return the club back to the pinnacle of European football, where it belongs,” he began.
“In Giorgio, we have the right CEO to lead the club day-to-day and work closely with the RedBird team to make that vision a reality. Giorgio knows both the club and the city intimately and has established the trust and confidence of the team at Casa Milan over the last four years.
“This will enable him to transition to this new leadership role seamlessly so that we can keep our focus on the larger goals ahead of us. We have a clear vision for this next chapter in the AC Milan story, and the RedBird team will be hands-on owners in partnership with Giorgio and the full team at Casa Milan in realising this vision.”
