Marcolin S.p.A's Board of Directors Terminates Contract With Massimo Renon

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Massimo Renon
LONGARONE, Belluno, Italy—Marcolin S.p.A's board of directors announced yesterday that they had "mutually agreed to terminate their contractual relationship with Massimo Renon, the CEO and general manager of the group, effective April 14, 2020." The board's brief statement said they "thanked Massimo Renon for his efforts and support to the company over the last three years, directing it toward a future of further success." Until the established date, Renon, who became CEO of Marcolin Group in 2017, will continue in his current role.

Renon will be joining the Italy-based Benetton Group as its CEO, according to an announcement from that company yesterday afternoon, where Benetton stated Renon's goal will be to implement the business relaunch process started by chairman Luciano Benetton in 2018.

Marcolin Group's brand portfolio includes: Tom Ford, adidas Sport, adidas Originals, Bally, Moncler, Sportmax, Ermenegildo Zegna, Longines, OMEGA, GCDS, Victoria’s Secret, Victoria’s Secret PINK, Atelier Swarovski, Barton Perreira, Tod's, Emilio Pucci, BMW, Swarovski, Dsquared2, Guess, MAX&Co., Diesel, Covergirl, Kenneth Cole, Timberland, GANT, Harley-Davidson, Marciano, Skechers, Candie’s, Rampage, Viva, Marcolin and Web.