AMMEGA Group (“AMMEGA”), the global leader in belting solutions, is pleased to announce that Fred (Federico) Pensotti is joining the company as Chief Financial Officer as of 14 July 2025. He will strengthen the leadership team to support the continued growth strategy in its key regions Europe, Americas and APAC. Fred will succeed Alessandro Gili who has decided to pursue new opportunities after more than five years with the company.
Fred, a citizen of Italy and the U.S., brings to AMMEGA more than 20 years of strategic business and financial leadership experience across diverse industries, including significant expertise working within private equity portfolio companies. He most recently served as CFO and then interim CEO of Eating Recovery Center and Pathlight Mood & Anxiety, a U.S. national leader in behavioral health and eating disorder treatment. Prior to this, he was the CFO of Landstar Systems Inc, a NASDAQ-listed U.S. based provider of integrated transportation management solutions. Fred holds a Bachelor of Business Administration (BBA) from the University of Texas and an MBA from Cornell University. Additionally, he is certified as Chartered Financial Analyst (CFA) and is a Certified Treasury Professional (CTP) and Certified Public Accountant (CPA).
Mac Gwozdz, Chief Executive Officer of AMMEGA, said “We look forward to welcoming Fred to the team. He brings extensive international financial expertise to the Company that will help drive and support our growth ambitions. On behalf of the entire team, we also thank Alessandro Gili for his excellent contribution and leadership and we wish Alessandro all the best in his future endeavors”.
Fred Pensotti, Chief Financial Officer of AMMEGA, added “I am excited to join AMMEGA and become part of its next phase of growth as the company further increases its global market leadership in belting services”.