In a significant leadership change, Engineering, a leading company in digital transformation for businesses and public administration, announced on April 28, 2025, that Maximo Ibarra has resigned from his position as Chief Executive Officer. Ibarra, who led the company since 2021, cited personal reasons for his departure, effective immediately. His resignation follows a presentation of financial results that highlighted the company’s positive growth trajectory in recent years.
Under Ibarra's leadership, Engineering experienced considerable transformation and expansion. The company now boasts approximately 14,000 employees and operates in 21 countries, with a revenue of nearly 1.8 billion euros. Ibarra’s tenure saw the firm solidify its position as a key player in the technology sector, particularly in high-growth IT markets.
As Ibarra steps down, Aldo Bisio has been appointed as the new CEO. Bisio, a seasoned executive with extensive experience in the telecommunications sector, previously served as the CEO of Vodafone Italia and has held senior roles at Ariston Thermo and RCS Quotidiani. His appointment is seen as a strategic move to guide Engineering into a new phase of development and innovation.
In a statement, Ibarra expressed gratitude for the opportunity to lead Engineering, describing his four years at the helm as an "honor and privilege." He noted, "The company is today an excellence that counts about 14,000 employees and operates in 21 countries worldwide, with distinctive skills and a solid position in the main technology sectors." He also emphasized his commitment to ensuring a smooth transition, stating, "I have made myself available to remain in the group until September 1 to guarantee an effective and complete handover." Moreover, Ibarra confirmed that he would continue to be an investor in Engineering, expressing confidence in the company's future prospects.
The Board of Directors, led by Gaetano Miccichè, acknowledged Ibarra's contributions, highlighting his strategic vision that significantly impacted Engineering's growth. "His strategic vision has left a deep mark, allowing the group to consolidate its role as a technology operator of reference in Italy," Miccichè remarked. He also extended a warm welcome to Bisio, expressing confidence in his ability to lead Engineering forward.
Bisio's background in the telecommunications industry positions him well to navigate the challenges and opportunities ahead for Engineering. His previous experience as Chief Commercial Officer at Vodafone and his engineering education provide a strong foundation for driving the company's strategic initiatives.
Engineering's recent financial results underscore the effectiveness of Ibarra's leadership. The company reported a significant increase in organic EBITDA and improvements across all performance indicators. Despite a net loss of €124.8 million, attributed to a reverse merger and non-recurring charges related to transformation projects, the overall growth in revenue demonstrates the company's resilience and potential.
As Engineering embarks on this new chapter under Bisio's leadership, the company aims to continue its trajectory of growth through innovation and strategic investments. The transition comes at a critical time as the demand for digital transformation services continues to rise, particularly in the wake of the global shift towards more technology-driven solutions.
In summary, the leadership change at Engineering marks a pivotal moment for the company as it seeks to build on the solid foundation laid during Ibarra's tenure. With Aldo Bisio at the helm, stakeholders are optimistic about the future direction of Engineering and its commitment to excellence in the digital landscape.
