Salvatore Ferragamo restructures leadership

Italian luxury group Salvatore Ferragamo has named Michele Norsa as director and executive deputy chairman of the company.

Norsa will take over from chairman Ferruccio Ferragamo.

Norsa served as the group’s ceo from 2006 to 2016.

In order to make a seat on the board available, Giacomo (James) Ferragamo resigned from his office as board member.

Giacomo (James) Ferragamo will continue in his role as brand & product and communication director.