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Marone Industries was founded by Massimo Marone after he graduated from Northwestern University. It grew into a multinational corporation with ports and offices in Europe, Asia, South America, Africa and the Middle East.
For years, Massimo ran Marone Industries with an iron fist as Chairman and Chief Executive Officer, but when it was revealed that Ridge Forrester was Massimo’s son, he became Vice Chairman, but later resigned returning to Forrester Creations, but still kept an office at Marone Industries.
Massimo's youngest son Nick Marone also became an executive at Marone Industries after it was revealed Massimo was his father. After tensions became unbearable Nick forced the Marone board to remove Massimo as Chairman and CEO and make him the new CEO but Nick eventually quit to work for his mother at Jackie M Designs.
Marone Industries owns several tankers in the greater Long Beach area.
Nick became furious and out for justice against Stephanie and the Forresters when he heard that Stephanie had thrown his mother over the balcony during an argument. He gave them an ultimatum: give him Forrester Creations or he would make sure that Stephanie went to jail. The Forresters gave Nick their company and it became a subsidiary of Marone Industries.
Nick was removed from the CEO spot at Marone Industries. Nick moved quickly and before Eric could reclaim his company, Nick sold his Marone stock and purchased Forrester Creations greatly angering the Forrester family.
Nearly a year later, in a happier frame of mind, he decided to sell Forrester Creations back to Eric with the condition that he divorce Stephanie and remove her from the company. Eric agreed and they made the deal.
Future of Marone IndustriesEdit
After Nick sold his stock to a board member named George Septolino who presumably took over as CEO but Massimo holds the majority of the company's stock. It is not known to what extent Ridge has in the company but as Massimo's eldest son and chosen heir in Massimo's will Ridge is thought to have some association with Marone Industries.
- Massimo Marone ( founder, majority shareholder,former Chairman of the Board of Directors and Chief Executive Officer)
- Nick Marone (former Chief Executive Officer)
- Ridge Forrester (former Vice-Chairman of the Board of Directors)
- George Septolino (senior Member of the Board of Directors)
- Oscar Marone (employee for Holland offices)