By  on February 27, 2018

MILAN — After a shakeup on the design front, Salvatore Ferragamo SpA is going through an executive turnover with the exit of chief executive officer Eraldo Poletto, effective March 8, following the approval of the 2017 financial statements.

“To Mr. Poletto, the most vivid appreciations for having contributed, during his tenure, to the start of a new chapter in the company’s history, characterized by a great dynamism, an important digital breakthrough and a special attention to the brand and to the product, also manifested during the recent Milan fashion shows,” the Florence-based company said in a brief release issued on Tuesday, after trading hours in Milan where the company is publicly listed. Poletto as of Tuesday owned 5,000 ordinary shares of the company, which is headed by chairman Ferruccio Ferragamo.

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