Francesco Merloni, Business Magnate and Former CEO of Indesit Company, Dies at 83

A Visionary Leader in the Home Appliance Industry

Francesco Merloni, the former CEO and patriarch of the Merloni family, passed away on March 16, 2023, at the age of 83. He was a visionary leader who transformed the Indesit Company into a global home appliance giant.

A Legacy of Innovation and Growth

Born in Fabriano, Italy, in 1939, Merloni joined the family business, Industrie Merloni, in the 1960s. Under his leadership, the company expanded its operations internationally, acquiring brands such as Hotpoint and Ariston.

Merloni was known for his innovative spirit and commitment to research and development. He invested heavily in new technologies and products, driving the company's growth and success.

A Commitment to Corporate Social Responsibility

In addition to his business acumen, Merloni was also recognized for his philanthropic work and commitment to corporate social responsibility. He established the Merloni Foundation, which supports cultural, educational, and social initiatives in Italy and abroad.

Merloni's legacy will continue to inspire generations of entrepreneurs and business leaders. His vision, innovation, and dedication to excellence have left an indelible mark on the home appliance industry and beyond.