MILAN Salvatore Ferragamo SpA on Thursday confirmed it is in talks with Eraldo Poletto about him becoming the group’s new chief executive officer. It said the process of his taking on the role will be discussed at a board meeting May 12, which was already slated to approve first-quarter results.

The Florence-based firm revealed the development after the end of trading in Milan, where the company is publicly listed.

On Wednesday, Furla said Poletto was leaving his role as ceo of the Bologna-based accessories firm, effective at the end of June. This fueled further speculation that the was headed to Ferragamo to succeed ceo Michele Norsa, who is to exit the company by the end of the year for personal reasons.

If he does join Ferragamo, Poletto will bring his long-standing experience in the accessories sector, which remains that company’s core business. Although Ferragamo is publicly listed, the namesake family is still involved; Furla is also controlled by a family, the Furlanettos, led by president Giovanna Furlanetto.

Poletto joined Furla in June 2010. He was previously president of strategic development and international business worldwide at Retail Brand Alliance Inc., parent company of Brooks Brothers. He was also a member of the executive team and board, president of Brooks Brothers International Inc., and director of the board of Brooks Brothers Japan, U.K. and Europe. Poletto exited Furla in November 2012 for a brief stint as ceo of Alfred Dunhill, but returned to the Italian accessories firm in spring 2013.

 

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