Kering is making organizational changes, the company announced in a statement.
Each company in the luxury watches and jewelry group, which includes Sowind Group and Gucci Watches and Jewelry, will now be managed by a dedicated CEO.
Michele Sofisti, currently CEO of Sowind Group, will become CEO of Gucci Watches and Jewelry effective October 1.
Sofisti joined Gucci Group Watches in 2009 at strategic advisor and was promoted to CEO in 2010. He became CEO of Sowind Group in 2011, modernizing production capabilities and revamping brand identities for the group’s two brands, Girard-Perregaux and JeanRichard.
A new CEO for Sowind Group will be announced in the coming weeks.