Clarks’ CEO Giorgio Presca has exited the historic shoe firm. The move comes only a few months after it brought a new majority owner on board as the founding family relinquished control for the first time in centuries.
As footwear retailer Clarks seeks new funding, a number of private equity companies are reportedly keen to take a stake in the company. And a former Triumph head is joining next month to run the Clarks unit.
Clarks has announced that former Guess CEO Victor Herrero is amongst three top executives joining its board as non-executive directors. The appointments follow the arrival of CEO Giorgio Presca last month.