Bernasconi to head new retail division at Nuance

Tina Milton

17-Jan-2007

Carlo Bernasconi is to lead The Nuance Group’s new business division Retail Services & Distribution and URS Corporation’s Ivo Favotto will be his successor

The Nuance Group is to create a new business division called Retail Services & Distribution to exploit business opportunities beyond the traditional airport retail market. Executive vice-president strategy and business development Carlo Bernasconi will be CEO of the new division and his successor will be Ivo Favotto from airport and infrastructure consultants URS Corporation in Australia, where he currently leads Airport Retail Practice. The new Retail Services & Distribution division will offer a broad range of retail services and the supply of goods to potential business partners.

Bernasconi will continue to oversee Nuance’s category management department and remain part of the executive management team. Favotto, who in his current role recently supported Nuance’s winning bid for the Sydney tender, will join Nuance in April and take over from Bernasconi in May. Favotto will report to the group’s president and CEO Roberto Graziani.

Graziani said: “I am pleased to announce the creation of a new business division designed to exploit growth opportunities beyond our current field of activities. My thanks go to Carlo Bernasconi for his important contribution to our strategic business development activities thus far. I am convinced that in his new role he will be instrumental in opening new markets to the group.”

Welcoming Bernasconi’s successor, Graziani explained: “Ivo Favotto is a well-known figure in our industry and brings with him a wealth of experience in the travel-retail field. I look forward to working with Ivo and to seeing his contribution to the further growth and success of our business.”

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