Kering Appoints Francesca Bellettini, Jean-Marc Duplaix as Deputy CEOs
18 Juli 2023 - 6:30PM
Dow Jones News
By Giulia Petroni
Kering on Tuesday said that it has appointed Francesca
Bellettini and Jean-Marc Duplaix as deputy chief executive officers
as part of a series of governance changes.
The French luxury-goods major said Bellettini will be in charge
of brand development and assume the new responsibilities in the
coming months, in addition to her current role as president and CEO
of Yves Saint Laurent. Duplaix, who has been chief financial
officer since 2012, will be in charge of operations and
finance.
Kering also said that Marco Bizzarri, president and CEO of Gucci
and a member of the group's executive committee, will leave the
company effective Sept. 23. Jean-François Palus, who currently
serves as managing director at Kering, was appointed as president
and CEO of Gucci for a transitional period.
"We are building a more robust organization to fully capture the
growth of the global luxury market," said Kering's Chairman and CEO
François-Henri Pinault. "I am confident that the changes we are
announcing today will set Kering on a path to success and
profitable growth over the long term."
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 18, 2023 12:15 ET (16:15 GMT)
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