New CEO for Raimondi

Italian tower crane manufacturer Raimondi has appointed Luigi Maggioni as chief executive, responsible for all of Raimondi’s subsidiaries including those in Turkey and the Middle East. His initial brief is to focus on maximising production volumes and efficiencies as well as building the company’s digital operations and after sales operations. He replaces Diego Borgna who has been acting chief executive since July 2021.
Luigi Maggioni

Maggioni said: “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. I am committed to injecting energy and momentum into activating the larger conglomerate’s mission, with the support of an experienced group of multinational team members. The passion, vigour, and determination, coupled with a strategic business development plan of action, will facilitate the internationalisation of the brand while increasing the market share.”

Maggioni was introduced to employees at the manufacturer's headquarters in Arluno, Milan, Italy, by owner and chairman prince Khaled bin Alwaleed and vice chairman, Ahmed Alkhoshaibi.
(L-R) Luigi Maggioni with Khaled Alwaleed and Ahmed Alkhoshaibi adressing Raimondi employees

bin Alwaleed said: “Luigi Maggioni brings years of executive experience to the business. His recruitment reflects the company’s intentions to focus on upward trajectory and an overall business transformation.”

Maggioni joins the company after almost six years with TK Elevator Europe where he was chief transformation officer, have started out as chief executive for the British Isles, Benelux, Nordic region and Italy. He began his career in 2000 as a financial analyst in Naples, Italy including seven months as a trading assistant on the New York Stock Exchange. In 2002 he left for Price Waterhouse Coppers /PWC Italy as a senior auditor based in Naples, becoming a transaction services executive covering mergers & acquisitions after two years at the company. In 2007 he moved to Thyssenkrupp, initially as business development manager with responsibility for mergers & acquisitions. He moved up through the group to become chief executive of the company’s Italian elevator business. He left for TK Elevator in 2018.