Kering Elevates Ex-Louis Vuitton Executive to Top Gucci Role
- Stefano Cantino to replace Jean-François Palus on Jan. 1
- Appointment comes amid slowdown in demand for high-end goods
Kering SA named Stefano Cantino as chief executive officer of Gucci, entrusting a former LVMH executive to lead a turnaround at the French group’s biggest label.
Cantino, 57, joined Gucci in May as deputy CEO, and will assume the new role on Jan. 1, Kering said Tuesday. He replaces Jean-François Palus, who’d been appointed on a temporary basis last year.