MILAN — Changes are afoot at Moncler SpA.
General manager Monica Sottana has resigned, effective Jan. 1, for personal reasons, but the executive will continue to advise the publicly listed company.
“Monica has always been a crucial point of reference for me and all those who work at Moncler,” said chairman and chief executive officer Remo Ruffini. “I am pleased that she will remain as an advisor to the company, acting as a consultant on some of the group’s most important strategic projects. I have no doubt that she will continue to provide valuable input not only to me, but to the entire Moncler management team.”
Ruffini will take on the role of general manager until Sottana’s successor is appointed. The company noted that it has already initiated selecting “high-profile candidates.”
Ruffini’s son, Pietro, is stepping down from the board “due to unforeseen professional commitments.”
Alessandro Benetton has resigned from the control and risks committee and the nomination and remuneration committee, of which he is chairman. His resignation was also “due to unforeseen professional commitments.” Diva Moriani was co-opted as director of the board and she will remain in office until the next shareholders’ meeting. She was co-opted as a new independent director and will also succeed Benetton.
Benetton, who remains a member of the board, also resigned from the position of lead independent director, to be succeeded by Galateri di Genola.