Michele Sofisti has left his position as CEO of Gucci Watches and Jewelry.
In a release, the company said Sofisti, who has been in the position since 2009, was leaving to “pursue other personal and professional opportunities.”
“Michele was truly the mastermind of Gucci’s turnaround and expansion in watches,” said Patrizio di Marco, Gucci president and CEO. “The whole merit of GGWJ success belongs solely to him and the great team he has built. Michele is a great executive who has loved this brand and who has succeeded where anyone else would have failed. He is a great person with a great heart who I am honored to call my friend.”
“The last six years have brought great satisfaction as we have begun to realize the full potential of these two categories for the Gucci brand,” said Sofisti. There is an outstanding management team in place, who will ensure the continued progress.”
A successor has not yet been announced. Di Marco will serve as acting CEO.