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Versace appoints Cedric Wilmotte as Interim CEO

Nov 18, 2021 United States
Versace appoints Cedric Wilmotte as Interim CEO
The global fashion luxury group announced the appointment of Cedric Wilmotte as Interim Chief Executive Officer of Versace. This will be effective from the 17th of January onwards
Mr. Wilmotte will serve as the Interim Chief Executive Officer of Versace through the 31st of December 2022, during which time he will partner closely with Donatella Versace, Chief Creative Officer, and the leadership team to continue executing the brand’s clearly-defined strategic initiatives. 

Mr. Wilmotte brings many years of luxury retail experience, including a 13-year tenure with Michael Kors as the President of the EMEA region. Prior to joining Michael Kors in 2008, Mr. Wilmotte held leadership positions with Marc Jacobs in Paris from 2004 to 2008 and Donna Karan in New York, London and Milan from 1998 to 2004.

John D. Idol, Chairman and Chief Executive Officer of Capri Holdings, commented: “I am thrilled to have Cedric in this role as he has an exceptional breadth of luxury retail expertise. Cedric did an outstanding job leading the Michael Kors brand in EMEA. I am confident that under his leadership, Versace will be able to continue to execute on its growth strategy and build upon the brand’s incredible momentum.”

Capri Holdings will continue to conduct a search for a permanent replacement for Jonathan Akeroyd, departing Chief Executive Officer of Versace, who will leave the brand on the 31st of March 2022.

Image credits: CapriHoldings

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