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    Home > Headlines > Valentino CEO steps down for personal reasons
    Headlines

    Valentino CEO steps down for personal reasons

    Published by Global Banking & Finance Review®

    Posted on August 14, 2025

    2 min read

    Last updated: January 22, 2026

    Valentino CEO steps down for personal reasons - Headlines news and analysis from Global Banking & Finance Review
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    Quick Summary

    Valentino CEO Jacopo Venturini resigns for personal reasons, leaving the luxury brand seeking new leadership amid declining sales.

    Table of Contents

    • Leadership Changes at Valentino
    • Background on Jacopo Venturini
    • Company Ownership and Stakeholders
    • Reactions from Mayhoola and Kering

    Valentino's CEO Jacopo Venturini Resigns for Personal Reasons

    Leadership Changes at Valentino

    (Reuters) -Valentino CEO Jacopo Venturini has stepped down, the Italian luxury house said on Thursday, leaving the Mayhoola- and Kering-backed business searching for a new leader to reboot sales and profit.

    Background on Jacopo Venturini

    Valentino reached a mutual agreement with Venturini to terminate his employment and board roles effective Wednesday as he "has decided to take a break for personal reasons", the brand said in an announcement seen by Reuters.

    Company Ownership and Stakeholders

    Venturini, previously executive vice president of merchandising at Gucci, became CEO at Valentino in June 2020. Valentino had said in June that he was on sick leave, after media reports of his imminent departure from the business which reported declining revenue and profit last year.

    Reactions from Mayhoola and Kering

    Valentino, founded in Rome in 1960 by Valentino Garavani and Giancarlo Giammetti, is part-owned by French luxury conglomerate Kering, which bought a 30% stake in the label from Qatari fund Mayhoola for 1.7 billion euros in 2023, with a commitment to buy the rest by 2028.

    Mayhoola and Kering did not reply to Reuters requests for comment about Venturini's departure.

    Last month, Mayhoola denied a newspaper report that the two shareholders were considering selling Valentino. Kering declined to comment at the time.

    (Reporting by Helen Reid in London, Giulio Piovaccari in Milan and Gavin Jones in Rome; Editing by Kirsten Donovan)

    Key Takeaways

    • •Valentino CEO Jacopo Venturini resigns for personal reasons.
    • •Venturini's departure follows declining sales and profit.
    • •Kering and Mayhoola are key stakeholders in Valentino.
    • •Valentino seeks new leadership to reboot business.
    • •No comments from Kering and Mayhoola on the resignation.

    Frequently Asked Questions about Valentino CEO steps down for personal reasons

    1Why did Jacopo Venturini step down as CEO of Valentino?

    Jacopo Venturini stepped down from his position for personal reasons, as stated by the brand.

    2When did Venturini become CEO of Valentino?

    Venturini became CEO of Valentino in June 2020, after serving as executive vice president of merchandising at Gucci.

    3What is the ownership structure of Valentino?

    Valentino is part-owned by French luxury conglomerate Kering, which holds a 30% stake, and is backed by the Qatari fund Mayhoola.

    4Did Mayhoola and Kering comment on Venturini's departure?

    No, both Mayhoola and Kering did not respond to requests for comment regarding Venturini's departure.

    5What recent rumors surrounded Valentino before Venturini's resignation?

    Last month, Mayhoola denied a report that the two shareholders were considering selling Valentino.

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