Piaggio's Timoni steps down, Martinez takes helm

Piaggio Group Americas (PGA) today announced a change in executive leadership with the departure of Paolo Timoni as president and CEO and the appointment of Piaggio Spain's Miguel Martinez to the Americas group.

"After six years in this role, Timoni has stepped down to pursue other professional interests," the company stated.

"The corporate responsibility of PGA has been appointed to Miguel Martinez, former general manager of Piaggio Spain, effective immediately. Martinez will report to Stefano Sterpone, Executive VP EMEA & Americas 2-Wheeler Sales & Marketing," Piaggio stated.

Martinez was the general manager of Piaggio Spain, where he worked for three years. "In that short period Mr. Martinez increased Piaggio Group's market share in Spain by two points," Piaggio stated.

Before joining Piaggio Spain, Martinez spent three years as the general manager of Ferrari and Maserati SpA for Spain and Portugal. He also held similar positions as general manager of export markets for Derbi worldwide and Piaggio Latin America.

“The opportunity to lead Piaggio Group Americas in its next phase is extremely exciting for me and a challenge I welcome as the opportunity for growth in this market is great,” Martinez said. “The Piaggio Group portfolio of Italian products represents the highest quality, most innovative and stylish motorcycle and motor scooters available on the market today. I look forward to working with our experienced dealer body and continuing to grow sales and market share in North America.”

Posted by Mary Slepicka