By Meredith Schott April 21, 2026 in Featured Influencers No Comments

Fabrizio Freda Appointed Strategic Advisor at Ferragamo

Ferragamo Finanziaria, the holding company of the Ferragamo family and the controlling shareholder of the luxury group, has appointed former Estée Lauder Companies’ chief executive Fabrizio Freda as special strategic adviser, sending ‌shares in the Italian luxury group as much as 1.6% higher in early trading.

Ferragamo Finanziaria controls 54.3% of the Florentine company, which has been trying to revive its performance.

Freda, ⁠who led ELC for nearly 16 years before retiring in 2024 will advise on strategic decisions and on strengthening the structure and operations of the Ferragamo Group and the family’s other businesses, with a view to creating value, the holding company said. He will also support the search for a new CEO at Salvatore Ferragamo. Ferragamo has been ‌without ⁠a CEO for more than a year after parting ways with Marco Gobbetti.

Freda, who currently sits on the board of BlackRock, could also be appointed to Salvatore Ferragamo’s board in the future, according ⁠to the press release.

“We are pleased to begin this collaboration with Fabrizio Freda…whose experience will represent an important contribution to our medium to ⁠long-term strategic reflections and to strengthening the entrepreneurial role of our family,” Diego di San Giuliano, chairman of Ferragamo ⁠Finanziaria, said in a statement.

Shares of Salvatore Ferragamo pared earlier gains to stand 0.6% at 0740 GMT, outperforming a mostly negative luxury sector.

Reporting by Elisa Anzolin, editing by Giulia Segreti for Reuters.

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Meredith Schott

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