By  on April 20, 2018

MILAN — Salvatore Ferragamo Group said Friday that, following its annual general meeting, Ferruccio Ferragamo was nominated executive chairman and James Ferragamo vice chairman. The chairman has been granted full power and authority to manage the company. The Ferragamo board’s approval on March 8 of the 2017 balance sheet marked the appointment of Ferruccio Ferragamo as interim chief executive officer following the exit of Eraldo Poletto. 

On Friday, the group’s board appointed Gucci veteran Micaela Le Divelec as its new chief corporate officer — although in Italian her role was described as general director. She will report to Ferruccio Ferragamo. Le Divelec and James Ferragamo, who is also brand and product officer, have been designated as strategic managers of the company together with chief financial officer Ugo Giorcelli.

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