NEW FACES: The changing of the guard continues at Benetton, which unveiled its new board of directors Monday. Most notably, all four company founders — siblings Carlo, Luciano, Gilberto and Giuliana Benetton — have stepped down, and Christian Benetton (son of Carlo), Sabrina Benetton (daughter of Gilberto) and Franca Bertagnin Benetton (daughter of Giuliana) are taking over.

Just more than a year ago, Luciano Benetton, who had been the company’s chairman, said that he was bowing out and that his son, Alessandro Benneton, would be the company’s new president. Alessandro remains in that role and on the board, alongside newly confirmed chief executive officer Biagio Chiarolanza.

This story first appeared in the May 21, 2013 issue of WWD. Subscribe Today.

Other board members include Gianni Mion and Sandro Saccardi, as well as a new crew of independent advisers with experience in finance, retail and law: Tommaso Barracco, Fabio Buttignon, Paolo Cavallo, Alfredo Malguzzi and Fabio Tamburini.

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