De'Longhi America, Inc. long-time president James K. McCusker will retire from the position at year-end. McCusker will transition his role to Paolo Cravedi, De'Longhi current executive vice president of sales and marketing.
Cravedi will be named managing director, reporting to McCusker, on March 1, 2007, and will retain that title through Dec. 31, 2007. On Jan. 1, 2008, Cravedi will become president.
De'Longhi America, based in Saddle Brook, New Jersey, U.S., is an arm of Italy's De’Longhi Group, maker of floor care appliances, coffee makers, air purifiers, and other small appliances. McCusker will continue to be available for Cravedi and De'Longhi as-needed until December 31, 2008.
“Paolo (Cravedi) is uniquely poised to take over the role of president,” said McCusker. “His complete knowledge of De'Longhi's business here in the United States as well as the company's manufacturing capabilities and its' prowess in product design and innovation, makes him an ideal candidate and we anticipate the shift to be seamless.”
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