Prada appoints former director of Luxottica Guerra as new CEO

Italian fashion group brand stuff said on Friday it appointed former Luxottica chief Andrea Guerra as its new chief executive officer, replacing Patrizio Bertelli and Miuccia Prada As planned.

In December, the group announced that Guerra would take the helm of the group, facilitating the transition to the next generation of the founding family.

Prada said in a statement that Guerra, 57, will receive a remuneration of about 151,000 euros a month, including salary, benefits in kind, pension, health care services, and at the same time He will also enjoy discretionary bonuses and other incentives.

Guerra will also be paid a director’s fee of 50,000 euros per year.