Versace CEO Emmanuel Gintzburger Has Exited

WWD··Read original
2▲0 ▼0Impact / 5
Summary · why it matters

Emmanuel Gintzburger has exited Versace, WWD has learned. Gintzburger joined the Italian brand as chief executive officer in 2022 and recently led the house through its acquisition by the Prada Group and the appointment of Pieter Mulier as its chief creative officer. Prada confirmed the resignation of Gintzburger effective June 23, stating that information about the new governance will be announced in due course. Gintzburger was previously CEO of Alexander McQueen and was tapped to run Versace by the brand's previous owner, Capri Holdings. Prada acquired 100 percent of Versace from Capri Holdings for 1.25 billion euros in April last year, and Lorenzo Bertelli, head of CSR at the Prada Group, was named executive chairman of Versace in December.

Impact on assets 3

Consumer Discretionary▲ · 3 stocks
Prada SpA
1913
± Mixedrelevance

Prada Group owns Versace; CEO exit is a management change with no clear positive or negative signal.

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