Titan Taps Francesco Valente to Succeed Jim Marcotuli as CEO
Titan, a ship repair and fabrication company with yards on the U.S. West and East Coasts, on Thursday announced it has appointed Francesco Valente to replace CEO Jim “Marco” Marcotuli, who is retiring after five years leading the company.Valente will lead Titan from its Portland, Ore. headquarters starting on September 23, with Marcotuli taking on a role as a board member and advisor.Valente possesses more than 20 years of experience running business operations globally, having previously served as CEO of Fincantieri Marine Group, the parent company’s U.S. shipbuilding and ship
Fincantieri Marine Group Announces CEO Succession
Fincantieri Marine Group, the U.S. subsidiary of Italian based shipbuilding enterprise Fincantieri, announced that its President and Chief Executive Officer, Francesco Valente, will step down from the position to assume another leadership role within the Fincantieri group.As a result, the Board has selected Dario Deste to assume the role of President and Chief Executive Officer. Valente and Deste are working together to ensure an orderly transition, which is expected to be completed before the end of the year.Valente joined Fincantieri in early 2012 as Senior Vice President for Business Development‐Nava