Kering has named Francesca Bellettini as the new President and Chief Executive Officer of Gucci. She will report directly to Luca de Meo, Chief Executive Officer of Kering.

“At this pivotal moment I intend to build a leaner and clearer organization in which the best talent drive our Houses forward. Gucci as the flagship of our Group deserves the sharpest focus and Francesca one of the most seasoned and respected professionals in our industry will bring the leadership and flawless execution needed to restore the brand to its rightful place”

Luca de Meo, Chief Executive Officer, Kering

“I am truly honored to take on direct responsibility for Gucci one of the world’s most iconic luxury Houses. I look forward to working under the leadership of Luca de Meo whose innovative and fresh perspective inspires us to push boundaries. I’m excited to embark on this new challenge together with the whole Gucci team and alongside Demna whose creativity I have always admired”

Francesca Bellettini, President and Chief Executive Officer, Gucci

Jean-Marc Duplaix will remain Group Chief Operating Officer of Kering to support Luca de Meo in managing the organization and driving growth. As part of the reshuffle the position of Kering Deputy CEO will be removed.

Francesca Bellettini brings years of experience to Gucci. She joined Kering in 2003 in strategic and merchandising roles at Gucci before moving to Bottega Veneta and later becoming President and CEO of Saint Laurent in 2013.

In September 2023 she was appointed Kering Deputy CEO in charge of Brand Development. Before Kering she worked as an investment banker in London then at Prada and Helmut Lang in business planning and operations.

In 2024 Kering employed 47,000 people worldwide and generated €17.2 billion in revenue.