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November 13, 2006
Benetton Loses CEO, Financial Director
Benetton CEO Silvano Cassano has resigned, and the company’s financial director Pier Francesco Facchini has quit.
The Italian brand said that it would name a successor for Cassano shortly. He was put in charge of restructuring the company and that job is now complete, the company said.
Benetton has performed well during the first three-quarters of the year so the shakeup doesn’t appear to be for financial reasons.
Posted by Blacks on November 13, 2006 09:39 AM
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