Organisational structure

ORGANISATIONAL STRUCTURE

4_ The Compliance Officer works within this structure and functionally reports to the Board of Directors of Piaggio & C. S.p.A.
5_ The Risk Officer works within this structure and functionally reports to the Board of Directors of Piaggio & C. S.p.A.

The structure of Piaggio & C. S.p.A.'s organisation is based on the following Front-line functions:

  • Internal Audit: this function is responsible for developing all activities concerning and functional to internal auditing, in order to improve the effectiveness and efficiency of the internal control system and evaluate its operation.
  • External Relations and Institutional Affairs: this function is responsible for developing, managing and coordinating at a global level relations with information bodies as concerns the Group's image, liaising with national and international institutions and trade and consumer associations, as well as promoting and managing the Group's public relations.
  • Marketing and Communications: this function is responsible for managing and coordinating at a global level sales communication, digital marketing and customer experience activities, as well as monitoring brand image and awareness of the Group's brands.
  • Corporate and Legal: this function is responsible for providing assistance for all legal aspects, including assistance for contracts, managing problems concerning litigation involving the Group, guaranteeing protection of the Group's industrial property at a worldwide level, and guaranteeing the management of obligations concerning company law.
  • Two-wheeler Product Marketing: this function is responsible for identifying market/customer needs and opportunities arising from technological innovation and developments in laws and standards, in order to assist the definition of the two-wheeler vehicle concept, as part of product range development.
  • Two-wheeler Product Development: this function is responsible for activities concerning innovation, style, engineering, reliability and quality relative to scooters, motorcycles and two-wheeler engines.
  • Three-, Four-wheeler Product Development: this function is responsible for activities concerning style, engineering, reliability and quality relative to three- and four-wheeler commercial vehicles and engines.
  • Manufacturing Technologies: this function is responsible for guaranteeing innovation and changes to production technologies, for managing infrastructures and sites, for ensuring the development of new industrial sites worldwide and for managing activities for the purchase of materials and components.
  • Human Resources and Organization: this function is responsible for human resources development and organisation, and for handling industrial relations.
  • General Manager Finance: this function is responsible for the administration, finance, tax, investor relations, planning and control, purchasing (purchasing of goods, services, supplier management) logistics (two-, three- and four-wheeler vehicle distribution) and information technology functions.
  • Emea and Americas Sales and Marketing: this function is responsible for achieving sales targets established for scooters, motorcycles, commercial vehicles, spare parts and accessories, for defining price policies for single markets and identifying appropriate actions to develop the sales network, through the coordination of sales companies in Europe and America, and for managing corporate sales to Major Clients and the central public administration sector at a European level.
  • EMEA Plants: this function is responsible for guaranteeing the manufacture and quality of engines, motorcycles, scooters and commercial vehicles.
  • Asia Pacific 2 Wheeler: this company is responsible for coordinating the companies Piaggio Vietnam, Piaggio Asia Pacific, Piaggio Group Japan Corporation, Foshan Piaggio Vehicles Technology Research & Development and Piaggio Indonesia, in order to guarantee business and industrial profitability, turnover, market share and customer satisfaction for the Group's two-wheeler vehicles, by managing production and sales on reference markets.
  • Piaggio Vehicles Private Limited: this company is responsible for guaranteeing business and industrial profitability, turnover, market share and customer satisfaction for the Group's commercial vehicles and Vespa scooters in India, by managing production and sales on reference markets.
  • Spare Parts, Accessories and After Sales Technical Assistance Business Unit: this function is responsible for managing after-sales activities and for defining the range of spare parts, establishing prices in conjunction with the sales department and ensuring distribution of the Group's spare parts and accessories.