“He brings a wealth of experience including a deep understanding of the footwear market”, commented Clarks Chairman Tom O’Neill, adding: “He will work together with interim chief executive Stella David to ensure a smooth transition over the coming weeks, after which Stella will return to her previous role as non-executive director. I would like to thank Stella for stepping in as interim CEO at a challenging time for Clarks and for her tireless and engaging leadership in the role.”

Clarks has named Giorgio Presca its new Chief Executive. Presca will be responsible for all operational, financial and commercial aspects of the business and will lead the Clarks strategy with the Executive Committee.

During last summer Mike Shearwood stepped down from his position after Clarks began internal probe into complaints about his conduct. At the time appointed Stella David, the company’s senior independent director, was appointed as interim chief executive officer.

Presca ‘s most recent position was chief executive at Golden Goose Deluxe Brand, where he led the operating transformation, rapid growth and global expansion of the business. Between 2012 and 2016 he was Chief Executive at Italian footwear brand Geox, where he executed a brand and company turnaround and returned it s to profitable growth. Presca has also had stints at Diesel, VF Corp, Citizens of Humanity, Levi Strauss & Co. and Lotto.