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Salvatore Ferragamo CFO to depart

The company announced it has begun a search for a successor which it will communicate to the market in due course

Luxury Italian retailer Salvatore Ferragamo has revealed that its CFO Alessandro Corsi is to step down from his role effective 30 September 2023.

The company has announced that Corsi made the decision in order to “take on a new professional challenge”. Corsi joined Salvatore Ferragamo as head of business development and e-commerce in 2003 before moving on to more senior roles within the company such as group investor relations director and chief strategy officer.

Founded in 1927, Salvatore Ferragamo is known for its production and distribution of luxury collections of shoes, leather goods, apparel, silk products and other accessories for men and women.

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Salvatore Ferragamo said: “The Company expresses its deepest thanks to Mr. Alessandro Corsi for his professional contribution during these years of collaboration and wishes Mr. Alessandro Corsi all the best for his professional future.”

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The company said it will communicate its successor to the market in accordance with the terms provided for by applicable laws.

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