The Board of Directors of Geox S.p.A. approved an agreement for the termination of Matteo Carlo Maria Mascazzini's relationship as an employee and Director. The Board has also appointed Livio Libralesso as new Chief Executive Officer of the Group. The Moretti Polegato family agrees with this choice and has complete confidence in Livio, a manager who has been working with the Group for the last twenty years and who knows the company perfectly.

As well as being a manager with extensive experience in the field of administration and finance, Livio has also shared all of the group's choices and experiences with regard to the new omnichannel business model. The Board of Directors meeting, chaired by Mario Moretti Polegato, also appointed the Director Mr. Livio Libralesso as the Company's new Chief Executive Officer, with effect from January 16, 2020. In 2016, Livio Libralesso was appointed Corporate General Manager with his responsibilities extending Livio Libralesso to cover IT systems, legal and corporate affairs, indirect purchasing and store network development and maintenance.

He incorporated and launched all of the Group's companies, defining the international expansion strategy (Europe, USA, Canada, Japan, Russia, Hong Kong, China, Macao) and is a member of the Board of Directors for each subsidiary. He has also been a member of the Geox S.p.A. Board of Directors since 2018.