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Valentino Begins CEO Search as Jacopo Venturini Steps Down

The Roman maison will name a successor in due course following a public reaffirmation of support for creative director Alessandro Michele

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The logo of Valentino is seen in a shop in downtown Rome, Italy February 10, 2016. REUTERS/Tony Gentile/File Photo
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Overview

  • Valentino and Jacopo Venturini reached a mutual agreement to terminate his employment and board roles effective August 13 as he takes a personal break.
  • The company said a new chief executive officer will be announced in due course, initiating a leadership transition at the couture house.
  • Sources confirm that Alessandro Michele remains in his role as creative director with full backing to unveil his spring 2026 collection in Paris on October 5.
  • In 2024 Valentino reported revenues of €1.31 billion and an EBITDA of €246 million, down 2 percent and 22 percent respectively, while direct retail and e-commerce revenues rose.
  • Kering’s 30 percent stake acquired in 2023 and its option to buy the remaining shares by 2028 shape the ownership backdrop for the upcoming leadership transition.