At the head of the Damiani group a new CEO arrives, Jérôme Favier, will push on the internationalization ♦ ︎
Space for managers. Damiani, the largest Italian jewelery group, introduces a new managerial figure: Jérôme Favier has been named CEO of the jewelry group. Giorgio Grassi Damiani, on the other hand, remains the managing director of Damiani spa, listed on the stock exchange.
Nothing changes with regard to the corporate aspect: Damiani is a 58.9% subsidiary of the Luxembourgish Leading Jewels, a financial company owned by the Valenza family. Guido Grassi Damiani remains president of both Leading Jewels and Damiani.
Jérôme Favier has a consolidated management experience, started in Danone and Unilever, to then define himself in the luxury sector. In 1994 he joined Richemont and worked on the strategies of Cartier and then Jaeger-LeCoultre. Damiani, explains a company statement, aims “to define a business model that knows how to weave the most innovative managerial methodologies, innovation and craftsmanship heritage of which it is the custodian”.
Following this appointment, Damiani has also changed the sales organization with the aim of enhancing collaboration with partners in the field of branded jewelery and with the will to privilege those who will invest in the range of brands of the Group.
