>>> Kering appoints Marco Bizzarri as CEO of Gucci; seeks new creative director

Kering appoints Marco Bizzarri as CEO of Gucci; seeks new creative director

Kering announces that the CEO of Gucci, Patrizio di Marco, will leave the company on 1 January, 2015. He will be succeeded by Marco Bizzarri. The Creative Director of Gucci, Frida Giannini, will also leave her position at the end of February 2015. She will show her Fall/Winter 2015-2016 womenswear collection on 25 February, 2015. A new Creative Director for the brand will be appointed later on.

As newly appointed Gucci CEO, Marco Bizzarri will report directly to François-Henri Pinault, Chairman and CEO of Kering. As Chief Executive Officer of Gucci and member of the Executive Committee of Kering, Marco Bizzarri will support Gucci’s brand elevation strategy to continue to strengthen the brand’s international growth, reinforce its unique positioning and develop the iconic Florentine house throughout the changing world of luxury.

This leadership transition will not result in any change in the organization of Kering Luxury activities that was announced earlier this year, which has proved very relevant. François-Henri Pinault will take the interim as CEO of the ‘Luxury – Couture & Leather Goods’ division, awaiting the appointment of a new executive.