Amid Turmoil, Furniture Firm Natuzzi Appoints a New CEO
Natuzzi, an Italian furniture firm, appointed Aldo Uva as CEO amid operational challenges. Uva previously led the company from 2008 to 2009. Natuzzi's shares were suspended from the NYSE due to low market cap, and Q2 net sales dropped to 60.0 million euros. The company faces hurdles in its 2026-2028 industrial plan and trade union disputes.
