Victoria Beckham Ltd last week announced the resignation of its chief executive officer (CEO) Paolo Riva because of personal reasons with immediate effect. Chairman Ralph Toledano, who joined the pop star-turned-fashion-mogul’s company as part of a new structure in partnership with NEO Investment in March last year, will reportedly lead the business now.

Product director of the company Marie Leblanc de Reynies has also been promoted to the newly created role of managing director of brand and product and Pablo Sande has been named chief financial and legal officer, according to UK fashion media reports.

Reynies, who earlier headed women’s fashion and brand positioning for the Printemps department store in Paris, joined the company a year ago. Sande meanwhile is relocating from Ferragamo New York where he was chief financial officer of the Americas. He also worked for Burberry for nine years. (DS)

Fibre2Fashion News Desk – India

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