OTB has recently announced that a new organization and a new management team will define the future strategic development of OTB, the €1.6 billion fashion group chaired by Renzo Rosso.
Starting from January 2018, Ubaldo Minelli will serve as OTB’s new CEO.
Minelli joined the group as CEO of Staff International, the first company acquired by Renzo Rosso 17 years ago. In his new position he will coordinate the key functions of OTB.
The CEOs of all of the group’s companies (Diesel, Maison Margiela, Marni, Paula Cademartori, Viktor & Rolf, Staff International and Brave Kid) will report to Minelli.
Riccardo Stilli, who has been the CEO of OTB for the past four years, will leave the company to pursue new professional paths. The new organization also sees the appointment of Carlo Schiavo as chief financial officer of the group, after years of experience in international companies such as PWC, Fiat and Walgreens Boots Alliance.
The complete redesign of the OTB organization, which allegedly includes other major entrants, will be announced during the first quarter of 2018.