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The management reshuffle follows the group’s recent purchase of the beauty brand Creed, the first big acquisition after its decision in February to create a separate beauty . The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the . French luxury group Kering has announced a major management overhaul, parachuting in a transitional leader at Gucci to fix underperformance at its biggest brand and . Bizzarri will be replaced by Jean-François Palus, who is now Kering’s managing director. Palus will be “tasked with strengthening Gucci’s teams and operations” as the brand .
Kering has named managing director Jean-Francois Palus as Gucci's new CEO and president for a transitional period, part of a management reshuffle at the top ranks of the . MILAN — Gucci is putting in place a new organizational structure effective March 1 to further boost its global business. It is based on four new areas: merchandising and global . Kering shares rose more than 6% on Wednesday as investors cheered news of a major management reshuffle at the luxury group, aimed at reviving sales at star label Gucci. Gucci Chief Executive Marco Bizzarri is leaving as part of a management shuffle that will elevate two other executives at Kering KER -0.43%, the luxury conglomerate that .
Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of . The management reshuffle follows the group’s recent purchase of the beauty brand Creed, the first big acquisition after its decision in February to create a separate beauty division — yet. The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury. French luxury group Kering has announced a major management overhaul, parachuting in a transitional leader at Gucci to fix underperformance at its biggest brand and naming two deputy chief.
Bizzarri will be replaced by Jean-François Palus, who is now Kering’s managing director. Palus will be “tasked with strengthening Gucci’s teams and operations” as the brand “rebuilds influence and momentum,” according to the company’s statement. Kering has named managing director Jean-Francois Palus as Gucci's new CEO and president for a transitional period, part of a management reshuffle at the top ranks of the French luxury goods.
MILAN — Gucci is putting in place a new organizational structure effective March 1 to further boost its global business. It is based on four new areas: merchandising and global markets, led by . Kering shares rose more than 6% on Wednesday as investors cheered news of a major management reshuffle at the luxury group, aimed at reviving sales at star label Gucci. Gucci Chief Executive Marco Bizzarri is leaving as part of a management shuffle that will elevate two other executives at Kering KER -0.43%, the luxury conglomerate that owns the fashion.Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of Stella McCartney (2005–2009) and Bottega Veneta (2009–2014), and joined Kering 's executive committee in 2012.
Stefano Cantino, CEO, Gucci Credits: Kering. Kering has appointed Stefano Cantino as CEO of Gucci, reporting to Francesca Bellettini, deputy CEO of Kering in charge of brand development. Stefano Cantino, who joined Gucci in May 2024 as deputy CEO, will have a seat on Kering’s executive committee succeeding Jean-François Palus as of January 1 . The management reshuffle follows the group’s recent purchase of the beauty brand Creed, the first big acquisition after its decision in February to create a separate beauty division — yet. The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury.
French luxury group Kering has announced a major management overhaul, parachuting in a transitional leader at Gucci to fix underperformance at its biggest brand and naming two deputy chief. Bizzarri will be replaced by Jean-François Palus, who is now Kering’s managing director. Palus will be “tasked with strengthening Gucci’s teams and operations” as the brand “rebuilds influence and momentum,” according to the company’s statement. Kering has named managing director Jean-Francois Palus as Gucci's new CEO and president for a transitional period, part of a management reshuffle at the top ranks of the French luxury goods.
MILAN — Gucci is putting in place a new organizational structure effective March 1 to further boost its global business. It is based on four new areas: merchandising and global markets, led by . Kering shares rose more than 6% on Wednesday as investors cheered news of a major management reshuffle at the luxury group, aimed at reviving sales at star label Gucci. Gucci Chief Executive Marco Bizzarri is leaving as part of a management shuffle that will elevate two other executives at Kering KER -0.43%, the luxury conglomerate that owns the fashion.Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of Stella McCartney (2005–2009) and Bottega Veneta (2009–2014), and joined Kering 's executive committee in 2012.
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