VALDAGNO, Italy — In a move aimed at facilitating the restructuring of Marzotto SpA, the fashion and textile company named a new president and six new board members during its annual shareholders meeting in this small town north of Venice Friday.

Giovanni Gajo, 61, who has a strong banking and finance background, succeeds Innocenza Cippolletta, who held the position of president for less than three years. Jean de Jaegher, vice president, also stepped down but his position won’t be filled. Antonio Favrin remains chief executive of the group.

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