(Alliance News) - Salvatore Ferragamo Spa announced Tuesday that the board, meeting for the first time since the appointment and selection of Leonardo Ferragamo as chairman, has appointed Marco Gobbetti as chief executive officer.

Gobbetti will also serve as Ferragamo's general manager. As of today, Gobbetti holds 134,766 shares in the company.

Salvatore Ferragamo's stock is up 1.9 percent at EUR9.21 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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