BRUNELLO CUCINELLI NAMES TWO CO-CEOS

Brunello Cucinelli is taking a step back from his eponymous luxury label.

At a recent shareholder meeting, he confirmed that he will now serve in the roles of executive chairman and creative director of the company. Luca Lisandroni and Riccardo Stefanelli will each hold the title of CEO and lead the brand together.

Lisandroni joined four years ago from Luxottica and his role extends to markets. He will be based in Milan. Stefanelli has 14 years of experience within the company, and will be based at the headquarters in Solomeo. He will be in charge of product and operations. The two men have already been training for their roles for two years.

“It is with great emotion and hope that I look at the future of mankind and our industry,” said Cucinelli. “I envisage that these two young men in their 40s, individuals of huge professional value and in love with the great universal concepts of truth, beauty and humanity, will be able to lead the enterprise for a long time as examples of guardianship for future generations.”

The company also named Moreno Ciarapica as its chief financial officer.