Calisto Tanzi, Parmalat founder convicted over huge 2003 bankruptcy, dies at 83

  • World
  • Sunday, 02 Jan 2022

FILE PHOTO: The jailed founder and former chief executive of the failed Italian food giant Parmalat, Calisto Tanzi, sits in his garden at his residence near Parma, northern Italy, September 27, 2004. REUTERS/Daniele La Monaca

(Refiles to fix spelling of first name, Calisto not Callisto)

ROME (Reuters) -Businessman Calisto Tanzi, who transformed a small family milk company into the multi-national food powerhouse Parmalat only to see it collapse in one of Italy's biggest fraudulent bankruptcies, died on Saturday, aged 83.

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