AC Milan announced today that Giorgio Furlani has been appointed as Chief Executive Officer to succeed Ivan Gazidis, and Gerry Cardinale has given him a glowing endorsement.
It was confirmed on the club’s official website earlier today that Furlani – who is from Milano and lifelong Milan fan – will take the reins from Gazidis when he leaves the club upon the expiry of his contract on December 5 of this year.
Furlani has served as a member of the Milan Board of Directors since 2018 and has played an integral role in the club’s success under the ownership of Elliott Management, from whom he will step down to take up the position of CEO.
Commenting on the appointment, RedBird Capital Founder and Managing Partner Gerry Cardinale made it very clear that he sees Furlani as the right man to help lead the club forward.
“When RedBird Capital Partners agreed to become custodians of AC Milan, we spoke of bringing our expertise in sports, media and entertainment to return the club back to the pinnacle of European football, where it belongs,” he said.
“In Giorgio, we have the right CEO to lead the club day-to-day and work closely with the RedBird team to make that vision a reality. Giorgio knows both the club and the city intimately and has established the trust and confidence of the team at Casa Milan over the last four years.
“This will enable him to transition to this new leadership role seamlessly so that we can keep our focus on the larger goals ahead of us. We have a clear vision for this next chapter in the AC Milan story, and the RedBird team will be hands-on owners in partnership with Giorgio and the full team at Casa Milan in realising this vision.”