The leadership shift comes at a pivotal moment as Middleby prepares for the spin-off of its Food Processing business, which is expected to be completed by the end Q2 2026.
The new operating model aims to simplify its organizational structure, accelerate innovation, and strengthen its position across the confectionery and snacks categories.
These appointments reflect IMCD’s commitment to placing experienced leadership at the helm of key territories to foster growth, enhance technical expertise, and streamline corporate governance within the global supply chain.
This milestone marks a significant victory for the Minneapolis-based food giant, which successfully reached its goal several months ahead of its original summer 2026 commitment.
Under the new structure, Alessandro Nervegna, previously Chief Strategy and Innovation Officer, will be appointed CEO of Ferrero Core while Lapo Civiletti, the current CEO, will continue with the company as Vice President, Ferrero International S.A., and will assume the newly created role of President of Ferrero Ice Cream and WK Kellogg Co.