Giovanna Vitelli new Chair of Altagamma
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The Chairwoman of Azimut|Benetti Group is now also Chairwoman of Altagamma, dedicated to strengthening “the economic, social and cultural impact of Italian excellence”.
Giovanna Vitelli
The Altagamma Members’ Assembly has officially appointed Giovanna Vitelli as Chairwoman of Fondazione Altagamma (Altagamma Foundation) for 2026-2029, a three-year term. Launched in 1992, the Altagamma Foundation represents ‘high-end Italian cultural and creative companies’ across fashion, design, food & beverage, hospitality, automotive, yachts, jewellery and wellness.
Vitelli is Chairwoman of the Azimut|Benetti Group, the world’s largest privately owned yachting group and the world’s leading producer of 24m-plus yachts in the Global Order Book for the past 26 years. A law graduate, she served for over 10 years as Vice President of the family-owned company founded by her father Paolo in 1969, before becoming Chairwoman in 2023.
Today, the Group operates five shipyards in Italy and one in Brazil, employs 2,500 direct staff, and is present in more than 80 countries with 138 showrooms. Following a doubling of turnover over the past five years, the Group now records revenues of €1.5 billion and has an order book extending through to 2029.
Vitelli has been a member of the Altagamma Board since 2020 and is formerly Vice President for the Yachting division. As Chairwoman, Vitelli succeeds Matteo Lunelli, Chairman and CEO of Ferrari Trento, who over the course of two terms strengthened the Association and its positioning, advanced its work on sustainability, and carried out numerous initiatives abroad.
“I am honoured to take on this mandate and would like to thank my predecessor, Matteo Lunelli, for the outstanding work carried out over the past years. I take on this role supported by a team of entrepreneurs and CEOs who are true ambassadors of our way of life around the world,” Vitelli said.
“Together, we will work to give greater visibility to the impact of our companies on the country, from an economic, social and cultural perspective. We will also be committed to protecting the skills and crafts that lie at the heart of Italian excellence – a truly cross-cutting issue for the continuity of Made in Italy.
“The high-end sector deserves to be recognised as a driving force for our country. The first findings of a study we are conducting with SDA Bocconi show that, compared with the average Italian company, our companies contribute three times more to GDP growth, hire five times as many people, and pay, on average, 300 times more in taxes.”
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