Modi and Ferrari producer Andrea Iervolino is stepping back from his longtime Italian production and sales company ILBE (Iervolino & Lady Bacardi Entertainment), which he co-founded with Monica Bacardi, to launch film and TV outfit The Andrea Iervolino Company (TAIC).
Based in Rome and Los Angeles, the Italian production and distribution company’s upcoming slate includes a Maserati biopic written and directed by Bobby Moresco, and the biopic Ferrari vs Mercedes, also directed by Moresco.
With the launch of TAIC, Iervolino has stepped down as President and CEO of ILBE, the studio he co-founded with Bacardi and ran for 13 years.
He says he will remain available in a non-exclusive capacity to assist ILBE with the transition of a new CEO. No explanation was given for his break from ILBE.
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