Fundz

Princes Group Appoints Giuseppe Mastrolia as Interim CEO

PRIVATEMay 19, 2026

Position

Chief Executive Officer

Company

NewPrinces

Giuseppe Mastrolia
Reggio EmiliaManufacturingFood and BeverageRetailFarming

Description

Simon Harrison, the CEO of Princes Group, is stepping down to pursue a new opportunity. Giuseppe Mastrolia has been appointed as the interim CEO, effective July 1, 2026, while a formal succession process for a permanent CEO is initiated.

Quick answer

Princes Group Appoints Giuseppe Mastrolia as Interim CEO (May 19, 2026). NewPrinces is based in Reggio Emilia, Emilia-Romagna, Italy.

Who is the new Chief Executive Officer at NewPrinces?
NewPrinces named Giuseppe Mastrolia Chief Executive Officer, announced May 19, 2026.
What did NewPrinces announce on May 19, 2026?
Simon Harrison, the CEO of Princes Group, is stepping down to pursue a new opportunity. Giuseppe Mastrolia has been appointed as the interim CEO, effective July 1, 2026, while a formal succession process for a permanent CEO is initiated.
What does NewPrinces do?
New Princes Group is a leading European food and beverage company with a fully integrated presence across manufacturing and retail, combining industrial scale with strong local roots.
Where is NewPrinces based?
NewPrinces is based in Reggio Emilia, Emilia-Romagna, Italy.
Which similar companies made leadership changes around the same time?
Post Holdings (May 7, 2026), Rise Baking Company (May 7, 2026), Unilever (June 3, 2026) and Reed’s (April 29, 2026) also announced leadership changes within 45 days of NewPrinces.

Source: Fundz verified event record.

Other recent leadership changes in Food and Beverage and Retail

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at NewPrinces, and when

A new leader at NewPrinces brings new priorities and often new vendors. The first weeks are when they listen.

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Company Information

Company

NewPrinces

Location

Reggio Emilia, Emilia-Romagna, Italy

About

New Princes Group is a leading European food and beverage company with a fully integrated presence across manufacturing and retail, combining industrial scale with strong local roots. Generating approximately €6.7 billion in revenue and employing around 18,000 people, the Group operates a broad portfolio of trusted food brands through Princes Group (FTSE 250), serving millions of consumers daily, while its retail arm, Princes Retail, and dairy segment, Centrale del Latte d’Italia, focus on quality, sustainability, and innovation across food and beverage production and distribution.

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NewPrinces changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.