MILAN — Michele Sofisti, Gucci Watches and Jewelry chief executive officer, is leaving the company. Gucci president and ceo Patrizio di Marco will take over his duties in the interim, but the company said Sofisti’s successor is going to be named “in the near future.”
Sofisti, who joined Gucci Group Watches as strategic adviser in 2009, was promoted to ceo in 2010. In 2011, he was also named ceo of Sowind Group, the parent company of Swiss luxury watch brands Girard-Perregaux and JeanRichard, which that year passed under the control of Kering (the former PPR). He stepped down from that position last July to focus on his duties as ceo of Gucci Watches and Jewelry.
“Michele was truly the mastermind of Gucci’s turnaround and expansion in watches,” di Marco said. “The whole merit of GGWJ success belongs solely to him and the great team he has and he built around him. Michele is a great executive who has loved this brand and who has accomplished a success where everyone else would have failed. A great person with a great heart who I am honored to call my friend.”
“The last six years have brought great satisfaction as we have begun to realize the full potential of these two categories for the Gucci brand,” said Sofisti. “There is an outstanding management team in place, who will ensure the continued progress.”