Capri Holdings Limited announced the appointment of Cedric Wilmotte as Interim Chief Executive Officer of Versace, effective January 17, 2021. Mr. Wilmotte will report to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. Mr. Wilmotte will serve as the Interim Chief Executive Officer of Versace through December 31, 2022, during which time he will partner closely with Donatella Versace, Chief Creative Officer, and the leadership team to continue executing the brand?s clearly-defined strategic initiatives. Mr. Wilmotte brings with him many years of luxury retail experience, including a 13-year tenure with Michael Kors as the President of the EMEA region. Prior to joining Michael Kors in 2008, Mr. Wilmotte held leadership positions with Marc Jacobs in Paris from 2004 to 2008 and Donna Karan in New York, London and Milan from 1998 to 2004. Capri Holdings will continue to conduct a search for a permanent replacement for Jonathan Akeroyd, departing Chief Executive Officer of Versace, who will leave the brand on March 31, 2022.