CEO Transitions to Strategic Advisor Role

CEO Transitions to Strategic Advisor Role

Source: FashionNetwork

Summary

Poltrona Frau and Ceccotti’s CEO is leaving after 10 years to take on a new role related to the companies’ development.


Our Reading

The trend returns with a new name.

The CEO’s departure marks a new chapter for Poltrona Frau and Ceccotti, but the industry has seen many executives make similar moves before.
The “new role” often means a continuation of the same work, just with a different title.
The companies’ development will likely continue on its current trajectory, with the exiting executive still involved behind the scenes.
The cycle of executive turnover is a familiar one in the fashion and design worlds.
The real question is, what’s the next “new” thing that will come out of this move?


Author: Evan Null