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TXT e-solutions selects Daniele Misani as new Chief Executive Officer

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MILAN, 6 July 2020 – TXT e-solutions, a specialized provider of advanced software solutions, is pleased to announce that Daniele Misani has been named the company’s Chief Executive Officer and has taken up his new role on July 1. Misani will share powers and responsibilities with Enrico Magni, former CEO and reference shareholder, who will continue as the new Chairman of the Board of Directors. The leadership appointments reflect a generational change from within, in line with TXT’s continued commitment to its core values and its strategic ambition of maintaining and expanding a strong growth momentum in all key markets.

"The appointment of Daniele Misani as CEO represents another step forward to strengthen the Group’s governance and successfully execute our strategic growth plan," explained new Chairman of the Board Enrico Magni. "In this new role, his passion, commitment and team spirit will continue to make a key contribution to the next phases of the development of the entire Group", referring to TXT’s main business divisions and subsidiaries in Italy, France, the UK, Germany, Switzerland and the USA.

Daniele Misani joined TXT e-solutions as a software engineer in 2001 and has since served in various senior cross-industry management positions, principally in the company’s Aerospace & Aviation division. During his tenure, Misani’s extensive technological background and business development skills enabled him to establish enduring relationships with key customers in Italy and around the world, to forge and sustain high-performance project teams and to push for digital innovation to great success.

"I am honored to take on this new role and responsibility," Misani commented on his appointment. "I will extend the success model of the Aerospace & Aviation division to the entire Group, a model that allowed us to become recognized leaders, resulting in an overall higher profitability and international growth. Alongside the Chairman and the senior management of all our subsidiaries, we will leverage digital excellence and commercial synergies to achieve our aim of continued growth at an accelerated pace."

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About TXT e-solutions

TXT is an international, specialized provider of advanced software solutions supporting customers in high-tech markets in their mission- and business-critical core processes and throughout their product lifecycles.

TXT offers products, solutions and specialized services for the aerospace & aviation, defense, automotive and banking & finance industries.

Founded in 1989, TXT has been listed in the STAR segment of the Italian Stock Exchange since July 2000 (TXT.MI) and employs more than 850 staff at its Milan headquarter and its subsidiaries in Italy, Germany, France, Switzerland, the UK and the US.

For more information, please visit www.txtgroup.com

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