In People

Jonathan Akeroyd Named CEO at Versace

After 12 years as chief executive officer of Alexander McQueen, Jonathan Akeroyd has been appointed chief executive of Gianni Versace SpA. Akeroyd’s appointment is effective immediately, but his official start date is 6th June according to the company.

Akeroyd succeeds Gian Giacomo Ferraris, who joined the brand in 2009, at a time when the company’s net financial position was a near €80 million loss on a turnover of €270 million. Under Ferraris, Versace grew at a compound annual growth rate of 17 percent from 2010 to 2015, posting revenues of €645 million and a 20 percent rise in core profit in 2015.

Akeroyd, who began his career in retail as a store manager at Harrods in London, exited Alexander McQueen earlier this month and was succeeded by Emmanuel Gintzburger, former retail and wholesale director at Yves Saint Laurent.

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