As Fincantieri Marine Group transitions from the Freedom-class Littoral combat ship program to the new Constellation-class frigate, its board has approved key personnel changes at the top. FMG has promoted its current managing director Marco Galbiati to CEO, effective Wednesday. Former CEO Dario Deste will remain chairman of the company while taking on a leading role at parent company Fincantieri, Europe’s largest shipbuilder.
Galbiati has served as FMG’s chief executive since 2018. In this capacity, according to FMG, he has been heavily involved in all aspects of its U.S.-based shipbuilding business and efforts to grow its workforce.
Galbiati began his career in 1996 with Sapio Group, an Italian company in the industrial and medical gases sector, where he held the position of Group Financial Controller. He joined Fincantieri in 2007, where he rose through the ranks to lead financial planning and financial controls for the company’s main cruise and shipbuilding divisions.
Deste is a trained naval aviator and has worked in the defense industry for decades, including at Fiat Defense, Beretta, BAE System and Leonardo. He joined Fincantieri in 2007 and has served as Chairman and CEO of FMG in Washington, DC since 2018.
Deste was recently promoted to head the warships division of Fincantieri, which is headquartered in Italy. Fincantieri Naval Vessels has delivered over 2,000 vessels over the years for the Italian Navy and foreign export customers. His popular FREMM frigate design won the contract for the US Navy’s future Constellation-class frigate; a stretched and modified version will be built in the United States at Fincantieri Marine Group’s shipyard in Wisconsin.