Kering Confirms Exit of Marco Bizzarri

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Kering Confirms Exit of Marco Bizzarri
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The president and CEO of Gucci will leave the brand on Sept. 23 after the spring 2024 show in Milan, confirming a WWD scoop.

since 2013, in addition to her current role, is appointed Kering deputy CEO, in charge of brand development. All brand CEOs will report to her, and she will be responsible for steering the group houses in their next stages of growth.

To ensure a smooth transition, Bellettini will gradually assume her new responsibilities over the coming months and a newJean-François Palus, currently Kering Group managing director, is appointed president and CEO of Gucci for a transitional period. He will relinquish his position on the board of directors of Kering and relocate to Milan.

Jean-Marc Duplaix, chief financial officer since 2012, is appointed Kering deputy CEO, in charge of operations and finance.“We are building a more robust organization to fully capture the growth of the global Luxury market,” said François-Henri Pinault, Kering Chairman and CEO.

He concluded by thanking Bizzarri “for his spectacular contribution to the success of Gucci and of Kering, and I wish him well in his future endeavors. 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.”

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