Armani Veteran Marsocci Named CEO After Founder’s Death

Giuseppe Marsocci Source: Giorgio Armani SpA

Giorgio Armani SpA appointed company veteran Giuseppe Marsocci as chief executive officer as the Italian fashion house considers a potential sale following the death of its founder.

Marsocci has spent 23 years at Armani, serving as deputy managing director and chief commercial officer since 2019, the company said in a statement on Thursday. He will take over as CEO immediately.