World Cup and Ballon d’Or winner Cannavaro had hoped for a better start to his Italian coaching career, having previously worked at Guangzhou Evergrande, Al-Nassr, TJ Quanjian and two games as the interim coach of the China national team.
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Gianluca Lapadula opened the scoring early in the first half but Simeon Tochukwu Nwankwo equalised for the Calabrian side in stoppage time despite being down to 10 men for most of the game.
Reports claimed that the club is showing no sign of slowing down in the transfer market this summer in its ongoing effort to beef up the squad with tested and quality players.
Serie A strugglers, Frosinone, have appointed Marco Baroni as new coach after dismissing Moreno Longo on Wednesday.
Bacary Sagna signs for Canadian club Montreal Impact after leaving Benevento earlier in the summer.
In another fixture, Lazio blasted five goals in the last half-hour to thrash 10-man Benevento 6-2 and Champions League quarter-finalists AS Roma drew 1-1 at Bologna.
The home side, who have been firmly rooted at the bottom rung of the ladder in the Italian Serie A, drew with giants AC Milan.