Di Risio Out At Versace

by Deidre Woollard (RSS feed)
Jun 5th 2009 at 6:01PM

So much for the show of unity at Versace. the Wall Street Journal and other sources are reporting that CEO Giancarlo Di Risio has resigned. Over Memorial Day weekend it was believed that Di Risio would be fired after months of pitched battle with Donatella Versace but those reports were summarily denied. Turns out there was quite a bit of truth to it. The company now reports that Di Risio's resignation was a mutual decision. Di Risio, who has also worked for LVMH and probably won't be eager to sign on for a family-run business again any time soon, will stay on for a while as the company searches for a new CEO. One name that keeps floating to the top is former Pringle of Scotland's chief executive, Kim Winser. Winser once described herself as a "tough cookie with chocolate bits in it" and she's going to need that toughness to hold her own in the Versace empire.

Tags: donatella versace, DonatellaVersace, giancarlo di risio, GiancarloDiRisio, versace