Hitachi Construction Machinery (Europe) appoints new president and CEO

Francesco Quaranta

HITACHI Construction Machinery (Europe) has appointed Francesco Quaranta as its new president and CEO.

From April 1, he will replace Takaharu Ikeda, who will continue in the roles of chairman of the management board at HCME and HCM regional general manager for Europe, Middle East and Northwest Africa (EMEA).

Francesco brings more than 20 years of experience in the machinery sector to the role. His early career began with management consulting at Ernst & Young and AT Kearney in Italy. He then moved to the machinery industry, covering supply chain and marketing leadership roles at CNH Industrial. Francesco’s next appointment took him to AGCO Corporation, where he held senior roles with P&L responsibilities, ranging from sales and marketing to the launch of new high-technology content products, and global parts and service.

Most recently, he supported major corporations on profitability turnaround and private equity firms as a senior advisor in the industrial arena.

Francesco speaks fluent English and French, as well as his native language of Italian. He will be based in Amsterdam.

“I am very grateful and honoured by the trust given to me through the appointment to this role,” Francesco said. “The Hitachi Construction Machinery products and services are widely recognised as reliable solutions. I am excited to see the plans for technology expansions on such a solid product range, which will define an even stronger future.”