More Ducati Management Changes

Ducati today repored that Carlo Di Biagio, Chief Executive Officer, has resigned "for personal reasons."
There have been several key changes in Ducati senior management recently, including the replacement of the head of North American operations.
There also have been reports that Texas Pacific Group is interested in selling its stake in Ducati. Further rumors (more likely idle speculation) have Harley Davidson as a possible buyer.

*Ducati Press Release*

06 March 2003

Ducati CEO Di Biagio Steps Down

Bologna, Italy, March 5, 2003 – Ducati Motor Holding S.p.A. (NYSE: DMH and Borsa Italiana S.p.A.: DMH), a leading manufacturer of high performance motorcycles, announced that Carlo Di Biagio, Chief Executive Officer, has resigned from the company for personal reasons. Federico Minoli, Chairman of the Board, will assume chief executive responsibilities.



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