Tomas Maier appoints new CEO

Monday, 03 November 2014

Luxury fashion brand Tomas Maier has appointed Giuseppe Giovannetti as its new CEO. According to WWD, Giovannetti, who currently heads up Bottega Veneta's Americas division, will begin his new job this Monday and will report to Marco Bizzarri, CEO of Kering's luxury couture and leather goods division.

Giovannetti is taking over from Daniela Ott, who left the firm due to personal reasons. According to Kering, Ott successfully started up the business and integrated it into the luxury goods group, after Kering took a major stake in the brand last November.

Tomas Maier is based in New York, where it has an office and showroom and will soon open a shop on Madison Avenue. Giovannetti has been brought on board to continue to expand the brand.

According to WWD, Giovannetti has expert knowledge of the luxury industry and business development. He joined Bottega Veneta in 2001, when it was still part of the Gucci Group and worked in various capacities for the brand, culminating in his role as president of the Americas division.

This appointment is the latest in a series of new appointments within Kering's luxury goods division.

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