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QKI Emulsion (NASDAQ:QKIE) announced a planned Change in Control and senior leadership overhaul on November 25, 2025. The company said CEO Claudio Mirella, Executive President Andrea Piazzoli, and COO Daniele De Molli resigned effective immediately, attributed to personal and external professional reasons.
The board appointed Suneel Anant Sawant as Interim CEO and retained him as Chairman, named Enrico Carlo Fumagalli Director and Executive President, added Giovanni Genovese as Director, and appointed Eugene Paul Fumagalli General Manager. The board said the new team will accelerate commercial deployment of the company's ETV‑certified Emulsion technology and support international expansion.