Salvatore Ferragamo's CEO Resigns

BY Maddison Glendinning / Aug 4 2016 / 13:40 PM

It's the latest move in the never-ending game of designer musical chairs

Salvatore Ferragamo's CEO Resigns
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Salvatore Ferragamo S/S16

It was announced overnight that Salvatore Ferragamo CEO Michele Norsa had officially left his post at the brand, after 10 years at the head. 
 
Norsa announced he would be leaving the brand by the end of the year back in April, but this news confirms the timeline was stepped up.  According to WWD, Ferruccio Ferragamo, the chairman of the house, told the company's board of directors that he was "very grateful" for all of Norsa's work over the years. 
 
The announcement follows Ferragamo's creative director Massimiliano Giornetti who left the brand back in April
 
As for a replacement, WWD reports that Eraldo Poletto, the former CEO at Furla, will be stepping in to take the reigns.

This is the latest in a long line of moves within the fashion community with Raf Simons having been confirmed by Calvin Klein most recently after departing Dior.