Tod’s Group Americas CEO Roberto Lorenzini to Step Down

Core Viewpoint - Roberto Lorenzini is stepping down as CEO of Tod's Group for the Americas, a decision made in mutual agreement with the Della Valle family, the owners of the company [1] Group 1: Leadership Transition - Lorenzini has led the organization for over a decade and expressed pride in the accomplishments during his tenure, including resilience during challenging times and new growth strategies [2] - The Della Valle family praised Lorenzini for his significant contributions to the company's growth in the U.S., including building a strong team and navigating challenges like the pandemic [2] - Lorenzini will continue to support the company in an advisory capacity during the transition to ensure continuity and sustained momentum [4] Group 2: Business Performance - In 2023, revenues in the Americas reached 85 million euros, reflecting a 3.5 percent increase from 2022, which accounted for 7.6 percent of total sales of 1.12 billion euros [4] Group 3: Background of Lorenzini - Prior to joining Tod's, Lorenzini held various leadership roles in luxury retail, including positions at Etoile Group, Sixty USA, and Versace USA, as well as earlier roles at Fendi, PricewaterhouseCoopers, and Deloitte & Touche [3]