Breaking: Luca Bovalino Named CEO of Salice America and Salice Canada
April 28, 2025 – In a significant move that reverberates across the industrial and furniture sectors, Luca Bovalino has been appointed as the new CEO of Salice America, Inc. and Salice Canada, Inc.. This unprecedented appointment signals a new chapter in the rich history of Salice, known globally for its innovative and high-quality furniture opening systems.
An Impressive Career Punctuated by Successes
With a professional journey spanning over 25 years, Luca Bovalino has carved a niche for himself in various industrial sectors through his leadership and documented successes. His career includes high-level management roles in the automotive sector and access control, setting him apart as a multifaceted leader.
Previous to his new role, Bovalino served as the General Manager and CEO of Hub Parking Technology North America under the Faac group, where he successfully navigated the complexities of the parking sector. Prior to that, he was the VP of Strategy and Business Development North America for Magneti Marelli under the FCA group. His tenure saw substantial growth in revenue and customer base diversification, establishing him as a critical strategist.
His track record also includes leading Magneti Marelli’s PowerTrain division into North America, where revenues soared from $60 million to $150 million in just four years, with major clients such as Fiat Chrysler Automobiles (FCA), Volkswagen (VW), and Ferrari.
Transformation at Salice
Salice, an Italian company with nearly a century of experience, has been acquired by Cobepa—a Belgian private equity investor with aspirations to double the size of the company. Renowned for products used by luxury brands like Molteni, Lema, and Cassina, Salice sets the standard for high-end furniture components worldwide.
The company’s value proposition is evidently strong: a fully outfitted kitchen or bedroom from Salice can start at $30,000, underscoring its premium position in the market. With such prestigious clients and considerable financial backing, the stage is set for Salice to reach new heights under Bovalino’s guidance.
Looking Ahead
As Luca Bovalino steps into his new role, Salice’s future appears promising. With his rich background and demonstrated leadership capabilities, he’s expected to drive innovation and quality, maintaining the legacy that the company has built over the years. The AMBITIONS set by Cobepa, in partnership with prominent investor families such as the de Spoelberch and von Baumbach families, hint at an exciting growth trajectory for Salice in North America.
Outlined with strategic vision and backed by over 90 years of expertise, Salice looks set to expand its global footprint, revolutionizing the furniture industry with cutting-edge innovations and unparalleled service.
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