Crane Hot Line is part of the Catalyst Communications Network publication family.
Raimondi Cranes, known for their intelligently-designed, scalable heavy lifting solutions, has appointed Luigi Maggioni as Group Chief Executive Officer.
The decision was formalized by the Board of Directors, led by Raimondi Chairman HRH Prince Khaled bin Alwaleed bin Talal Al Saud, and Executive Vice Chairman Ahmed Alkhoshaibi, during their official visit to the company's headquarters in Arluno, Milan, Italy.
“Mr. Maggioni joins Raimondi Cranes bringing with him years of high-level executive experience. His recruitment reflects the company’s intentions to focus on upward trajectory and an overall business transformation,” Prince Khaled said.
Maggioni's appointment follows Raimondi's recent corporate revitalization efforts, including the launch of its vision and brand identity, as well as the introduction of numerous new models aimed at expanding global market share.
With over 16 years of experience in European manufacturing, Maggioni is recognized as one of Europe's foremost senior executives. He previously served as Chief Executive Officer of TK Elevator, overseeing operations in nine countries and demonstrating expertise in managing global enterprises and corporate internationalization.
“I welcome this role as both a personal and corporate opportunity to carve out a new path for one of Europe’s homegrown manufacturers. I am proud to be joining a heritage entity like Raimondi, founded on a prestigious past. The current day company has a fresh approach to innovative R&D, and is steadfast in its core values,” Maggioni said.
Strategically, Maggioni's immediate priorities revolve around optimizing production efficiency, ensuring top-notch quality control and spearheading aggressive expansion while upholding the prestigious “Made in Italy” standard. Moreover, leveraging the strengths of different segments, Maggioni aims to intentionally unite the broader Group, thereby unlocking additional avenues for growth.
Maggioni's agenda also includes expanding digital operations, enhancing after-sales services and implementing various strategic initiatives. Furthermore, he sees mergers and acquisitions, along with consolidations, as pivotal strategies to propel the conglomerate toward its overarching vision.
