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Ali Group Company Names New CEO

Massimiliano Bizzarri

Massimiliano Bizzarri has been named CEO of the Rancilio Group, a commercial coffee machine manufacturer that is part of the Ali Group. Bizzarri succeeds Ruggero Ferrari, who led Rancilio for the past four years.

“I welcome this new challenge with great enthusiasm, and I thank both Ali Group for the trust they have placed in me and Ruggero for the splendid job he has done in recent years,” Bizzarri said in a press release. “I will put all the experience I have gained in my professional career at the company’s disposal, and I am sure that together we will achieve new goals and accompany Rancilio Group towards a new phase of transformation and expansion.”

Rancilio is based in Italy but operates a U.S. headquarters in Woodridge, Illinois, a suburb of Chicago.

With a background in mechanical engineering, Bizzarri has had lengthy experience with multinational industrial groups in a range of business sectors, from automotive to food processing equipment. He joined Ali Group in September 2023 as senior vice president of Europe, the Middle East and Africa (EMEA) and APAC (Asia-Pacific) and has also held senior roles at Interpump Group as division president and at GEA Group as business unit CEO.

“It has been a privilege to lead the Rancilio Group during a period of great global change and I am proud of the results we have achieved in these four years,” Ferrari said of his time leading Rancilio. “I have decided to leave the group for family reasons and to dedicate myself to new professional goals, but I will continue enthusiastically to follow the evolution of the Rancilio Group.”

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