Kering Reorganises to Boost Efficiency at Brands

Gucci owner Kering hires automotive executive to lead manufacturing overhaul

Kering's Strategic Leadership Changes and Manufacturing Overhaul

Appointment of Automotive Industry Executive

PARIS, March 2 (Reuters) - Gucci-owner Kering has hired an automotive industry executive to lead an overhaul of its manufacturing division, it announced on Monday as part of a new structure to improve efficiency at the heavily indebted luxury group under its new CEO.

Background of Luca de Meo and Stephane Noel

Luca de Meo, himself formerly Renault boss, tapped Stephane Noel from car parts manufacturer Forvia to be Kering's chief industrial officer.

Noel's Role and Responsibilities

Noel, who will start on April 1, will "strengthen upstream and downstream supply performance while ensuring the highest standards of quality, compliance, and traceability", Kering said in a statement.

Industry Context and Additional Appointments

Luxury Industry Supply Chain Challenges

Luxury brands have been hit with worker abuse scandals at leather goods factories in Italy, prompting some to seek greater control over their supply chains. 

Carlo Mocci's Appointment as Chief Client Officer

Kering also named Carlo Mocci as its chief client officer, who will be overseeing the group's marketing and client strategy, starting on May 6. Both will join the executive committee, reporting to de Meo.

(Reporting by Helen Reid; Editing by Alex Richardson and Tomasz Janowski)