Alenia Aermacchi, the aerospace wing of Italy's Finmeccanica, announced on 18 February that Giancarlo Grasso has been appointed chairman.
Grasso replaces Amedeo Caporaletti at the head of the board. Caporaletti had himself been appointed chairman in 2011. No reason was given for Caporaletti's resigniation, although Alenia Aermacchi paid tribute to his " effective work" in a press statement.
Grasso has spent much of his career within Finmeccanica companies, notably between 2009 and 2011 as managing director of what was Selex Communications.