(Alliance News) - The board of directors of Alfonsino Spa on Monday confirmed Carmine Iodice as the company's chief executive officer.

The company also informed that certain operational powers were also given to chairman Domenico Pascarella and directors Valerio Chiacchio and Armando Cipriani.

Alfonsino closed Monday's session in the green by 0.4 percent at EUR0.55 per share.

By Maurizio Carta, Alliance News reporter

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