Marchesi de' Frescobaldi has announced that Lamberto Frescobaldi has been appointed president of the family-held Italian wine group.
Lamberto (pictured), who has been vice-president since 2007, succeeds his uncle, Leonardo Frescobaldi, who has headed the firm for the past six years.
Representing the 30th generation of the family line, Lamberto Frescobaldi was born in Florence in 1963.
On taking the role, he said that his job would be to balance the company’s position in traditional markets with the need to ‘take advantage of the emerging ones, such as Asia’.
‘I would like to thank all who have worked tirelessly for the company throughout the years,’ said newly ex-president Leonardo Frescobaldi.
Giovanni Geddes de la Filicaja will remain chief executive of the Marchesi de’ Frescobaldi group.
Written by Chris Mercer