Italian luxury fashion brand Gucci, owned by Kering, has appointed Gianluca de Ficchy as its new chief financial officer (CFO) from 1 December 2025. 

De Ficchy will report directly to Gucci’s president and CEO, Francesca Bellettini. 

De Ficchy most recently led Renault’s Mobilize division as CEO, overseeing vehicle financing, car-sharing services and electric-vehicle charging.  

He exited the French carmaker in October 2024.. 

The management change comes as Kering’s appointed CEO, Luca de Meo, previously CEO of Renault, who took up his position in September, works to address challenges at the luxury group.  

Gucci, which generates more than half of Kering’s profits, has been under pressure to regain momentum.

Gucci’s previous chief financial, data and operations officer, Alberto Valente, departed in September after 17 years at the company.

Kering has also recruited Renault’s former head of mergers and acquisitions and investor relations, Philippine de Schonen, to lead its own investor relations function. 

In October, Kering reported revenue of €3.4bn ($3.94bn) for the third quarter (Q3) of 2025, a 10% decline on a reported basis and a 5% decrease on a comparable basis.  

Gucci recorded revenue of €1.3bn in Q3, a drop of 18% on a reported basis and 14% on a comparable basis.   

In November, de Meo began laying the groundwork to launch a new investment platform to reduce reliance on Gucci.  

The proposed platform is expected to receive long-term funding to acquire minority or majority stakes in high-potential emerging companies.