Massimo Rancilio from Industrie Chimiche Forestali S.p.A. wins the “CFO AWARD 2025”

Massimo Rancilio, CFO of Industrie Chimiche Forestali S.p.A. (ICF) for 15 years, has been awarded the CFO Award 2025 “Visionary” by the National Association of Administrative and Financial Directors (ANDAF) and Accuracy, an independent international consulting firm founded in Paris in 2004, with the following motivation: “For having carried out a share buyback operation through the issue of a right of sale reserved for all shareholders, an innovative operation of its kind within the Italian Stock Exchange’s reference segment. An example of strategic vision and the ability to creatively use financial tools to generate value, strengthen the company’s position in the market and create a benchmark model for the sector.”

Guido Cami, Chairman and CEO of the ICF Group, said: “It is an honour for Industrie Chimiche Forestali S.p.A. to receive such an important award in recognition of the financial transaction recently carried out thanks to the contribution of a group of motivated and professional people coordinated by Massimo Rancilio. And also to the continuous and unfailing support of the entire Board of Directors and the Board of Statutory Auditors.

Congratulations to Massimo and the entire team for their commitment over fifteen years of working together, which has enabled Forestali to excel in the administrative and financial fields as well.”