Fashion Business News
Kering Names Stefano Cantino As The New CEO of Gucci
Contemporary Approaches | October 8, 2024
Photo: Stefano Cantino
Kering announced today that Stefano Cantino will be appointed as the new CEO of Gucci, reporting to Francesca Bellettini, Deputy CEO of Kering in charge of Brand Development. Cantino who joined Gucci in May 2024 as Deputy CEO, will have a seat on Kering’s Executive Committee. He will succeed Jean-François Palus on January 1, 2025.
Francesca Bellettini Kering’s Deputy CEO, in charge of Brand Development said, “I am deeply grateful to Jean-François for his dedication and loyalty to Gucci over this transitional period. I am confident that, building on what has been set up over the past 15 months, Stefano and the Gucci team will succeed in the mission to take Gucci back to the leadership the brand deserves.”
Stefano Cantino became Gucci's Deputy CEO in May 2024 after five years at Louis Vuitton, where he managed Image and Communications. Before that, he spent 20 years at the Prada Group, and had crucial roles which led him to become the Director of Communications and Marketing. Cantino is an Italian native, and is a graduate in Political Science from the University of Turin.
François-Henri Pinault, Chairman and CEO of Kering, said in a statement: “I wholeheartedly thank Jean-François for his achievements at the helm of Gucci since summer 2023. Over a particularly challenging period, he made the courageous decisions the House needed, and built sound foundations for a renewed Gucci to flourish again under the stewardship of Stefano. I also want to acknowledge Jean-François’s close and constant collaboration with me over the past 30 years, which has been truly invaluable.”