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Alessandra Balocco, Balocco Spa CEO, Dies at 61; Fossano Declares Citywide Mourning

Her leadership steered Balocco Spa through pandemic, energy and legal crises to €257 million in 2023 revenue.

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Overview

  • Alessandra Balocco died today at age 61 after a long illness, a fact confirmed by Fossano’s mayor Dario Tallone.
  • Mayor Tallone proclaimed a day of citywide mourning on the date of her funeral to honor her impact on the community.
  • She took the helm in summer 2022 following the deaths of her father Aldo and brother Alberto and guided the company through the pandemic, an energy crisis and the Pandoro-gate inquiry.
  • In 2023 Balocco Spa recorded €257 million in revenue, €97 million in equity, employed over 400 staff and exported 13 percent of production to more than 70 countries.
  • The board has pledged to uphold her strategic vision within a family-led governance model as niece Diletta and son Marco prepare for succession.