Italian luxury menswear brand Corneliani SpA has announced that its chief executive officer and general manager Paolo Roviera has exited the company. He will be succeeded by Luigi Ferrando.
In a brief statement, Corneliani said “the Board of Directors of Corneliani S.p.A. would like to wish Mr. Ferrando and Corneliani group employees all the best in their work.”
Roviera arrived at Corneliani in September 2016, tasked with the expansion of the brand globally. He was previously CEO of Pal Zileri.
Ferrando joins Corneliani, known for its sleek tailoring and high-end quality products, from a different sector, as he leverages experience in furniture. His resume lists managerial positions at Unopiù and Arquati as well as lighting firms Targetti and Louis Poulsen.
Additionally, the brand stated that it “confirms the development goals for the Corneliani brand, in line with its strategic aims that were outlined in June 2016.” The date refers to the acquisition by Bahrain-based investment firm Investcorp of a majority stake in Corneliani for approximately $100 million.