Kering has announced leadership changes effective January 2, 2025. Cedric Charbit will become CEO of Saint Laurent, while Gianfranco Gianangeli takes over as CEO of Balenciaga. Both will report to Francesca Bellettini, Kering’s Deputy CEO in charge of Brand Development.
Charbit, who joined Kering in 2012 as Saint Laurent’s Product Strategy Director, has led Balenciaga as CEO since 2016. He will now succeed Bellettini at Saint Laurent, focusing on driving growth by leveraging the brand's heritage and unique identity.
Gianangeli, currently Chief Commercial Officer of Saint Laurent, brings extensive luxury industry experience, including roles at MaisonMargiela and other renowned fashion houses. As Balenciaga’s new CEO, he aims to expand the brand’s global presence and strengthen its position.
Francesca Bellettini expressed confidence in the appointments, praising Charbit’s understanding of Saint Laurent and Gianangeli’s expertise in luxury leadership. She emphasized their ability to guide the iconic brands toward future success.
François-Henri Pinault, Kering Chairman and CEO, highlighted the organization’s strengthened leadership. Bellettini will focus on developing all Kering’s Fashion, Leather Goods, and Jewelry Houses, while Jean-Marc Duplaix will ensure operational alignment across the group as Deputy CEO and COO.
These appointments are part of Kering’s strategy to address industry challenges and drive long-term growth.
