Riccardo Carradori is to be the new Managing Director of Vincenzo Zucchi SpA, taking over at the operational helm at the group from Matteo Zucchi, who will keep on his role of Chairman. A company memo specifies that Mr. Carradori has formalised an agreement with the group in which the nomination follows his cooptation by the Board, which is to meet on May 15. Carradori, 47, holds a degree from Bocconi University and entered the Zucchi group after serving as Managing Director of insurer Coface Assicurazioni.