Prada hires former Luxottica chief Andrea Guerra as new CEO
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Patrizio Bertelli, the current CEO of the premium brand, will be chosen chairman at the annual shareholder meeting next spring. He will succeed Paolo Zannoni, who will be proposed for the position of executive vice chairman of the group and chairman of Prada Holding, the parent firm.
Current Co-CEO Miuccia Prada, age 73, will continue to serve as creative director of the Miu Miu and Prada brands, the latter with Belgian designer Raf Simons, and as a board member.
Questions & Answers
Q.What new role will Patrizio Bertelli take on, and when is this expected to happen?
What new role will Patrizio Bertelli take on, and when is this expected to happen?
Patrizio Bertelli is to be chosen as the new chairman at the annual shareholder meeting next spring. He will succeed Paolo Zannoni in this key leadership position for the premium brand.
Q.Will Miuccia Prada retain any leadership roles within the company, despite the CEO change?
Will Miuccia Prada retain any leadership roles within the company, despite the CEO change?
Yes, Miuccia Prada, aged 73, will continue as the creative director for both the Miu Miu and Prada brands. She will also remain an active board member.
Q.What new positions are being proposed for the current chairman, Paolo Zannoni?
What new positions are being proposed for the current chairman, Paolo Zannoni?
Paolo Zannoni will be proposed for the roles of executive vice chairman of the group and chairman of Prada Holding, the parent firm. These new positions reflect his continued involvement.
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