Piaggio Fast Forward Announces Strategic Reorganization

BOSTON, Sept. 18, 2018 /PRNewswire/ -- Piaggio Fast Forward (PFF), a company whose mission is to build technology products that move the way people move and the creator of the revolutionary mobile carrying device gita®, announced a strategic reorganization of its executive leadership team as it prepares to go to market with its first products in 2019.

PFF, a subsidiary of Piaggio Group, one of the world's leading manufacturers of scooters and motorcycles, was founded in 2015 by Greg Lynn, Jeffrey Schnapp, and Michele Colaninno (Chairman) to create lightweight, intelligent mobility solutions for people and goods. PFF is based in Boston, MA and employs 65 people. 

As the company prepares to go to market next year with the first gita® for consumers, Greg Lynn has assumed the role of Chief Executive Officer (CEO) to lead the company's move from the development of prototypes to the production of consumer products. "I believe deeply that PFF is positioned to help people move more often and more efficiently without having to grab their car keys," said Lynn. "We have an extraordinary opportunity to change the way people think about mobility and this all starts with our first product gita® coming to market next year." Lynn was previously Chief Creative Officer (CCO) of the company. 

In order to lead the research and development activities of the company with special regard to developing future product lines, Jeffrey Schnapp has transitioned into the role of Chief Visionary Officer (CVO), "As gita® enters production, I'm excited to spearhead the company's efforts to build an entire family of related products supporting healthy lifestyles and social connectivity available to all, regardless of age or abilities," said Schnapp

Working closely with Greg and Jeffrey, Michele Colaninno will maintain his role as Chairman of PFF with oversight of the business globally.

Other organizational changes at PFF include Mitchell Weiss being promoted from Chief Technology Officer (CTO) to Chief Operating Officer (COO) Brian Kendall's promotion to Chief Financial Officer (CFO) and Pritesh Gandhi being named Executive Vice President of Business Development. 

PIAGGIO FAST FORWARD

Founded in 2015 by the Piaggio Group, Piaggio Fast Forward creates lightweight, intelligent mobility solutions for people and goods. Based in Boston, MA, the company is dedicated to helping people to move better, further, faster, and more enjoyably. PFF builds products that travel with people on the move. In the present era of machine intelligence, and ubiquitous networks, PFF seeks to promote more vibrant cities filled with pedestrians, cyclists, and skaters whose mobility is enhanced by new varieties of smart vehicles. PFF's first product is gita: a mobile-carrier that follows people on the go carrying up to 44 pounds. gita encourages an active lifestyle for anyone who wants to move with ease, from millennials and parents to seniors and disabled individuals. For more information, visit www.piaggiofastforward.com or follow the company on Twitter, Facebook or Instagram. 

PIAGGIO GROUP

Established in 1884, Piaggio Group is the largest scooter and motorcycle manufacturer in Europe and one of the global leaders in the sector. The Piaggio Group (PIA.MI) is listed on the Italian stock exchange since 2006 and it has three main business lines: 2 and 3 wheelers (scooters and motorcycles), light commercial vehicles and robotics (Piaggio Fast Forward - PFF). The Group's portfolio includes some of the most iconic and famous brands in the light mobility industry, such as: Piaggio, Vespa, Aprilia, Moto Guzzi, Gilera, Derbi, Ape and Piaggio Commercial Vehicles. Piaggio Group counts more than 6,600 employees, it has a global distribution in more than 100 countries and six industrial plants (in Italy, India, and Vietnam). The Group has also four Research and Development centers, which employ approximately 1,000 people.

Contact:
Tusk Strategies
Jackie Zupsic [email protected] or
Jennifer Hanley [email protected] or
[email protected]

SOURCE Piaggio Fast Forward