Kering picks luxury veteran Cantino as Gucci deputy CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2024
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Source: Yahoo Finance
- Appointment of Stefano Cantino: French luxury group Kering appoints former Louis Vuitton and Prada executive Stefano Cantino as deputy CEO of Gucci to assist in the brand's revival.
- Responsibilities: Cantino will share the responsibility with Jean-François Palus to define and implement Gucci's brand strategy in his new role.
- Gucci's Recent Performance: Gucci has been trailing behind competitors for the past two years, leading to a restructuring that involved the departure of CEO Marco Bizzarri.
- Professional Background: Cantino brings extensive experience from Louis Vuitton and Prada Group, where he held significant roles in communication and marketing.
- Start Date: Stefano Cantino is set to begin his new position at Gucci on May 2nd.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
