Leadership - Stevanato Group
Our corporate governance defines the functions and relations between the bodies of management and control of the company under the principle of transparency with all the stakeholders. Governance.
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Our corporate governance defines the functions and relations between the bodies of management and control of the company under the principle of transparency with all the stakeholders.

A fair and transparent corporate culture is the central pillar of our daily operations to fulfill our social role and responsibility.

Board of Directors

Moreover, Stevanato Group has adopted a corporate governance that sets the rules for the correct management of the Group, by separating ownership from the operating activities. The Group is managed by a Board of Directors that meets at least 4 times per year deciding on exclusively reserved topics. The Board comprises of executive directors, non-executive directors and independent directors.

A Steering Committee has been established in order to define the multi-annual/annual plans that have to be presented to the Board of Directors for approval. It is led by the CEO and it coordinates all the planning and operating activities of the Group. In 2017 two industry experts have joined Stevanato Group’s Advisory Board. Donald E. Morel - former Chairman and Chief Executive Officer of West Pharmaceutical Services, Inc.- and Madhavan Balachandran, former Executive Vice President/Executive Officer of Amgen Inc, are now part of this internal body, supporting the CEO on strategic topics linked to the Group vision. Meeting 3 times a year, the function provides independent advice on business opportunities, product portfolio strategy and geographic growth. The Group has established and follows a set of rules, including the Group’s Values. These are followed by management in order to reach the Group’s objectives, while taking into consideration stakeholders’ interests.

Cav Sergio Stevanato Photo
Cav Sergio Stevanato Photo
Sergio Stevanato
Chairman of the Board Emeritus
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Son of Giovanni Stevanato, founder of the Stevanato Group, Sergio Stevanato has been actively involved in the family business since high school. He graduated in law from the University of Ferrara in 1969, to then take the leadership of the Company. He has dedicated his career to the family business of which he is currently the Emeritus Chairman. In 2007 he was awarded by the President of the Italian Republic the honorary recognition of Knight of Labor (Cavaliere del Lavoro) for his achievements as an entrepreneur.

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Franco Stevanato
Chairman of the Board and Chief Executive Officer
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Son of Sergio Stevanato, Franco Stevanato graduated in Political Science from the University of Trieste in 1998 and attended an Advanced Management Program at the Kellogg School of Management in 2015. During his university years, he gained professional experience in the sales department of Saint Gobain in France. Upon completing his studies, he joined the family business, initially taking up a role in sales. Over the years, he has been the key figure and driving force behind the long-term vision of Stevanato Group including the internationalization of the Company and its continuing development from product diversification to enhance managerial processes, drive continuous innovation, and structural improvements. He also contributed to improving the Stevanato Group’s corporate governance by building an effective infrastructure to support decision making and promoting a skills-based board that benefits from specialist expertise and meaningful perspective. Franco served as Chief Executive Officer from 2010 to 2020, and in 2021, he was appointed Executive Chairman of the Board.

madhavan balachandran photo
madhavan balachandran photo
Madhavan Balachandran
Independent Director
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Holding a master’s degree in Chemical Engineering from the State University of New York at Buffalo and an MBA from East Carolina University, Madhavan is Chief Operating Officer of Nutcracker Therapeutics, a developer of mRNA therapeutics, a position he has held since September 2020. He previously served as Chief Executive Officer of ADRx, Inc., a pre-clinical stage biotechnology company since August 2019. Prior to that, he was Executive Vice President, Operations of Amgen Inc. from August 2012 until July 2016 and retired as an Executive Vice President in January 2017, having served in various management positions since joining the company in 1997. Prior to his tenure at Amgen, Madhavan held leadership positions at Copley Pharmaceuticals, now a part of Teva Pharmaceuticals Industries Ltd. and Burroughs Welcome Company, a predecessor before mergers of GlaxoSmithKline plc. He currently serves as a director in Catalent Inc. and uniQure NV. He has been a member of the board of directors of Stevanato Group since 2018.

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Fabrizio_Bonanni_2024
Fabrizio Bonanni
Lead Independent Director
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Holding a doctorate in chemistry from the University of Florence, Italy, Fabrizio carried out postdoctoral work in physiological chemistry at the Massachusetts Institute of Technology. He is an alumnus of the Institute for International Management, Northwestern University, J.L. Kellogg Graduate School of Management and of the Executive Program in Manufacturing, Harvard University, Graduate School of Business Administration. He spent 25 years at Baxter International in Italy, Belgium, and the U.S. reaching the positions of corporate vice president Quality System and CVP Regulatory and Clinical Affairs. From 1999 to 2013, he served in senior executive roles at Amgen, including senior vice president, Quality and Compliance and corporate compliance officer, senior vice president, Manufacturing, and executive vice president, Operations. Currently, he is a member of the board of INCOG BioPharma Services. His past board memberships include UCLA’s Technology Development Corporation, XBiotech, where he chaired the Audit Committee, Menarini Biotech, and Theranos, where he chaired the Compliance and Quality Committee. He has been a member of the board of directors of Stevanato Group since 2013.

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 Fabio-Buttignon_2024
Fabio Buttignon
Independent Director
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Fabio Buttignon (Belluno, 1959) is full professor of Advanced Corporate Finance at the University of Padua. Graduated at Ca’ Foscari University of Venice, where he also worked as researcher and associate professor. He has studied and carried out research at the University of California in Los Angeles (UCLA). He is the author of numerous national and international publications on strategy, finance and company valuation. He is a Chartered Accountant (CPA) and Auditor. He participates in corporate governance in listed and unlisted companies. He is founder and managing partner of Buttignon Zotti Milan & Co., an independent advisory boutique specialized in valuation, mergers and acquisitions, capital raising and financial restructuring. He has been a member of the board of directors of Stevanato Group since 2014.

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William Federici
Independent Director
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Holding a B.A. in Economics from Rutgers University, Livingston College and an MBA in Professional Accounting from Rutgers University, William is a member of the American Institute of Certified Public Accountants. He serves on the Board of Directors of Zynerba Pharmaceuticals, Inc., a Specialty Pharmaceutical, U.S. public company, where he has served as Audit Committee Board Chair since 2015. William joined West Pharmaceutical Services, Inc., in 2003 as Chief Financial Officer until his retirement in 2018. Prior to West, Bill spent more than 20 years’ experience in public accounting primarily serving the Pharmaceutical Industry. He has been a member of the board of directors of Stevanato Group in May 2021.

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Karen-Flynn_2024
Karen Flynn
Independent Director
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Karen Flynn has more than 35 years of experience in the pharmaceutical services industry. She retired in October 2023 from the position of President, Biomodalities at Catalent Pharma Solutions, a position she held since April 2023. Prior to this, she was Senior Vice President and Chief Commercial Officer at Catalent until September 2022. She joined Catalent as President, Biologics and Chief Commercial Officer in January 2020 and held that position until October 2021. Before Catalent, Ms. Flynn was Senior Vice President and Chief Commercial Officer for West Pharmaceutical Services, Inc. from 2016 to 2019, and served as its President of Pharmaceutical Packaging Systems from 2014 and President of the Americas Packaging Systems business from 2012. Prior to this, she held a number of positions of increasing responsibility in technical, marketing and sales roles.
Ms. Flynn serves on the board of Quanterix Corporation (NASDAQ:QTRX), Sotera Health (NASDAQ: SHC), and a privately held company. She previously served on the boards of Recro Pharmaceuticals (NASDAQ:SCTL) from September 2015 to January 2020 and Catalent (NYSE:CTLT) from September 2022 to January 2024. She serves on the Board of Trustees for the Franklin Institute. Ms. Flynn holds a Master of Science in Business Administration from Boston University and a Master of Science in Engineering from the University of Pennsylvania. She received her Bachelor of Science in Pre-Professional Studies from the University of Notre Dame.
She has been a member of the board of directors of Stevanato Group since 2024.

Donald Eugene Morel Jr. Photo
Donald Eugene Morel Jr. Photo
Donald Eugene Morel Jr.
Independent Director
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Dr. Morel served as Chief Executive Officer of West from 2002 through 2015 and Chairman from 2003-2015. During his tenure revenues tripled and market capitalization increased more than twelve times. West was the top performing healthcare dividend stock on the NYSE over this time period. Prior to being named CEO he served as Chief Operating Officer and President of the Pharmaceutical Systems Division. His career at West started in 1992 as Director of R&D.
From 1984 to 1992 he worked in various positions developing technology for space based remote imaging and the Strategic Defense Initiative. He served as an advisor to NASA on a number of Space Station programs and in 1989 was selected by the Astronaut Office for training as a Mission Specialist. His research has been funded by NASA, the Office of Naval Research, the National Science Foundation, and DARPA.
Dr. Morel completed his undergraduate degree in Engineering at Lafayette College and his graduate studies at Cornell University in Materials Science and Veterinary Medicine and the Darden School of the University of Virginia. He received a D.Sc. (Hons) from Roanoke College.
Dr. Morel serves as a Director of Catalent Corporation (NYSE: CTLT), and the Stevanato Group SpA (NYSE:STVN). He is Chairman Emeritus of the Board of Trustees of the Franklin Institute in Philadelphia, PA and also chairs the Foundation Board of the American Oncologic Hospital of the Fox Chase Cancer Center .He is the founder of Progenitor Capital LLC and Chairs the Morel Family Foundation.
He has been a member of the board of directors of Stevanato Group since 2018.

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Franco Moro
Director
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Graduating in Chemical Engineering from the University of Padua in 1987, and holding an MBA from SDA Bocconi in Milan, Franco has gained significant experience managing global manufacturing companies for over 30 years. He has worked as plant director of FIS—Fabbrica Italiana Sintetici and then of Cambrex Profarmaco Milano, before taking over as Chief Executive Officer of FIS—Fabbrica Italiana Sintetici from 2010 to 2018. Franco joined Stevanato Group in 2019 as Chief Operating Officer and was appointed to Chief Executive Officer in February 2021 and served until May 2024. He has been a member of the board of directors of Stevanato Group since February 2021.

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Luciano Santel
Independent Director
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After graduating in Business Administration at University Ca' Foscari of Venice, he spent his early years in international audit companies like Ernst & Young and Arthur Andersen.
He worked as Finance Director at IVG and then at Rossignol group. In 1996 he became Chief Operating Officer of Retail Brand Alliance (already Casual Corner group Inc.) where he remained until 1999 when he joined Luxottica Group S.p.A. as Vice President International Development. From 2001 to 2009 he was Chief Corporate Officer at Geox S.p.A., whilst in 2009 he became Chief Executive Officer for Stefanel S.p.A. He also served as an Independent Director of Luxottica Group S.p.A. from 2015 to 2020.
In 2013 he joined Moncler as Chief Corporate Officer. He is currently Executive Director of Moncler and Chief Corporate & Supply Officer of the Moncler Group; he is also Manager in Charge pursuant to Article 154-bis of the Consolidated Law on Finance.
He has been a member of the board of directors of Stevanato Group since 2024.

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Alvise-Spinazzi_2024
Alvise Spinazzi
Director
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Graduated in Law from the University of Padua in 1997, he obtained an LL.M. in International Business and Trade Law from Fordham University School of Law in New York. He qualified as a lawyer in New York in 2000 and in Italy in 2001. A founding member of the law firm SAT Studio Legale in Padua in 2007, Alvise also practiced in the New York office of the international law firm Simpson Thacher & Bartlett and in the Milan office of Italian law firm Chiomenti. He has been a member of the board of directors of Stevanato Group since 2011.

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Paola-Vezzaro_2024
Paola Vezzaro
Independent Director
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Graduated in Business Administration from the University Commerciale “Luigi Bocconi” in Milan, a B.S. in Political Science and Sociology from the University of Milan. and a M.S. in Human Resources from Cattolica University in Milan, Paola, brings extensive experience in human resources management having served as HR director in many primary companies. She joined Engie in 2011, where she has held several international management positions. Since July 2019, she has served as Chief Human Resources and Health & Safety Officer North, South and Eastern Europe for Engie. She has been a member of the board of directors of Stevanato Group since May 2021.

Management Team

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Franco Stevanato
Chairman of the Board and Chief Executive Officer
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Son of Sergio Stevanato, Franco Stevanato graduated in Political Science from the University of Trieste in 1998 and attended an Advanced Management Program at the Kellogg School of Management in 2015. During his university years, he gained professional experience in the sales department of Saint Gobain in France. Upon completing his studies, he joined the family business, initially taking up a role in sales. Over the years, he has been the key figure and driving force behind the long-term vision of Stevanato Group including the internationalization of the Company and its continuing development from product diversification to enhance managerial processes, drive continuous innovation, and structural improvements. He also contributed to improving the Stevanato Group’s corporate governance by building an effective infrastructure to support decision making and promoting a skills-based board that benefits from specialist expertise and meaningful perspective. Franco served as Chief Executive Officer from 2010 to 2020, and in 2021, he was appointed Executive Chairman of the Board.

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Riccardo Butta
President, Americas
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Riccardo Butta holds a master’s degree in mechanical engineering from Politecnico in Milan, a degree in Business Management and Innovation from MIP in Milan and successfully completed the Executive Leadership Development Program from Stanford University in Palo Alto, California. Riccardo was the Senior Vice President of Flex Health Solutions, responsible for the global commercial organization of a Flex business unit providing contract design, manufacturing, and logistics services to the healthcare industry with focus on medical devices, drug delivery solutions, diagnostics and life sciences equipment. During his tenure at Flex, Riccardo was also responsible for the European organization of Flex Health Solutions, for the global device development organization, and for scale-up and management of the design center in Milan. In February 2022 Riccardo joined Stevanato Group as President Americas, overseeing the growth of the Group's in the area, as well as the expansion of the commercial offering around high value products and services

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Marco Dal Lago
Chief Financial Officer
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Graduated from Ca’ Foscari University of Venice in 1997 in Business Administration. Mr. Dal Lago joined Stevanato Group in January 2020 as Chief Financial Officer. Marco brings 25 years of experience in the fields of controlling, finance, administration, compliance, and risk management, working in multinational industrial companies and coordinating multi-year planning and, mergers & acquisitions processes. In his current role, Marco oversees all administration, financial and controlling responsibilities for Stevanato Group.

foto P. De Fabritiis apr23
foto P. De Fabritiis apr23
Paolo De Fabritiis
Chief HR Officer
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More than 25 years of international experience in the fast-moving consumer goods industry, both in family business and multinational
listed companies, developing and managing HR business partner organizations and people strategic plans to support the international
growth of the company, both organically and by acquisitions.
Paolo is responsible for developing and executing the Human Resources and Organization strategy to support Stevanato Group Business Plan and strategic direction, focusing on talent management, change management, organizational and performance development processes, succession planning, diversity & inclusion, while fostering Values & Guiding Principles adoption and Customer Centricity promotion.

Ugo-Gay
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Ugo Gay
Chief Operations Officer
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Graduated from the Economics School of Turin and the Administrative School of Milan, he holds over 30 years of solid and diverse international management experience in the pharmaceutical and diagnostics industry. Ugo began his career in the family business in 1985. In 1995, he moved to Istituto Biologico Chemioterapico di Torino, where he became CEO of a Group company in 1998. Joining Diasorin in 2000 as Sales Director for the Italian market, he held various positions as Vice President on the Board of Assobiomedica and the European Diagnostic Manufacturers Association (EDMA). In 2012, he continued his career within Diasorin's Industrial Operations (EMEA), eventually becoming Senior Vice President of Corporate Industrial Operations in 2019. Following the spin-off of a business unit in July 2022, he assumed the CEO and General Manager role of the new subsidiary, Diasorin Italia S.p.A.. Ugo is currently Vice President of Assobiotec and was appointed Chief Operations Officer of Stevanato Group in March 2024.

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Mauro Stocchi
Chief Business Officer
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Graduated from Ca’ Foscari University of Venice in 1991 in Economics, he holds an MBA from SDA Bocconi in Milan. Mauro commenced his career in De Longhi S.p.A. followed by a 10-year period within the Siemens Group. He joined Stevanato Group in 2004 and in 2008, Mauro was promoted to Chief Financial officer while retaining responsibility over business development activities. From 2010, Mauro held the position of Corporate General Manager with direct responsibility for all corporate functions. He is currently Chief Business Officer of the Group with responsibilities of strategic business development, sales, product management, marketing and communications, and drug delivery systems business.

Investor Contact

Lisa Miles
Lisa Miles
Lisa Miles
Senior Vice President of Investor Relations
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Graduated in communications from the Pennsylvania State University, with nearly 25 years of investor relations experience, Lisa Miles joined Stevanato Group in 2021. Currently, Lisa serves as Senior Vice President of Investor Relations, acting as the primary contact to the investment community.

Previously, Lisa spent 18 years at Maximus in a variety of management positions, including as a member of the executive committee. In her most recent role at Maximus, Lisa served as senior vice president of investor relations & corporate communications where she was responsible for investor relations, marketing, public relations, corporate communications, and the Company’s global brand strategy. Named to the 2017 and 2018 Institutional Investor’s All America Executive Team for Midcap Investor Relations, Lisa was ranked third for Best Midcap IR Professionals in the Business, Education, and Professional Services sector.

Code of Ethics
Code of Ethics