Meeting after the death of the company Chair and CEO Roberto Colaninno, the Board of Directors of Piaggio & C. S.p.A. (PIA.MI) reformulated the corporate governance structure, after receiving the recommendations of the board committees. Director Matteo Colaninno has been appointed to the post of Executive Chair, with powers largely consistent with those he held previously. Director Michele Colaninno, who was already chief executive of global strategy, product, marketing and innova.