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KERING NAMES STEFANO CANTINO AS GUCCI'S NEW DEPUTY CEO

Kering, the Italian luxury conglomerate, has announced the appointment of Stefano Cantino as the Deputy CEO of Gucci.

Cantino is set to begin his new role on May 2nd, directly reporting to Jean-François Palus, Gucci's CEO. The announcement made on Thursday highlights that Cantino's appointment marks the creation of this new position within the company. Together with Palus, he will play a crucial role in shaping and executing the brand's strategy.

Jean-François Palus expressed his enthusiasm about Cantino joining the team: "It gives me great pleasure to welcome Stefano Cantino aboard as we embark on this exciting new phase for the House, driven by determination and a vision for the future. Stefano's impressive background in the luxury sector, holding executive roles across various organizations, combined with his comprehensive expertise, strategic insight, and appreciation for the arts, positions him as a significant addition to our team. Stefano and I will collaborate closely, ensuring our efforts are in complete harmony with the broader Gucci team to advance our strategic initiatives across the board."

Cantino's Background Includes Tenures at Louis Vuitton and Prada

Before joining Gucci, Cantino contributed his skills to Louis Vuitton, a leading brand in France, serving as the head of communications and image for five years. His career prior to that spanned over two decades at the Prada Group, which houses several luxury brands including Miu Miu and Church's, in addition to Prada itself. His roles there encompassed marketing, commercial activities, and most recently, he served as the director of communication and marketing.

"Stefano's rich experience in strategic roles within the luxury sector significantly complements the strong leadership of Jean François and the creative dynamism of Sabato," remarked Francesca Bellettini, Kering's Deputy CEO.