Timoni note from Vespa USA

Here is the official note Timoni sent out last week:

This is to let you know that effective March 4th 2011 I have resign from my position as President and CEO of Piaggio Group Americas to pursue new professional and business opportunities. The industry is finally recovering and the company is now on a solid track and therefore I felt this is the right time for me to move on.

- That's how I found out.