Advertisement
UK markets closed

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • FTSE 250

    20,164.54
    +112.21 (+0.56%)
     

  • AIM

    771.53
    +3.42 (+0.45%)
     

  • GBP/EUR

    1.1652
    -0.0031 (-0.26%)
     

  • GBP/USD

    1.2546
    +0.0013 (+0.11%)
     

  • Bitcoin GBP

    50,392.59
    -95.03 (-0.19%)
     

  • CMC Crypto 200

    1,315.44
    +38.46 (+3.01%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • DOW

    38,675.68
    +450.02 (+1.18%)
     

  • CRUDE OIL

    77.99
    -0.96 (-1.22%)
     

  • GOLD FUTURES

    2,310.10
    +0.50 (+0.02%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     

  • DAX

    18,001.60
    +105.10 (+0.59%)
     

  • CAC 40

    7,957.57
    +42.92 (+0.54%)
     
MONEY:

Best savings accounts that offer above inflation rates

Where to find a top-rated deal that works for you

Prada appoints former Luxottica chief Guerra as new CEO

Reuters
Updated ·1-min read
A bobsleigh is used as decoration at a Prada store in St. Moritz

MILAN (Reuters) - Italian fashion group Prada said on Friday it appointed former Luxottica chief Andrea Guerra as its new chief executive officer, taking the place of Patrizio Bertelli and Miuccia Prada as planned.

The group announced in December that Guerra would take the helm of the group, easing a transition to the next generation of the founding family.

Guerra, 57, will get a remuneration of around 151,000 euros per month, including salary, benefits in kind, pension, healthcare, and he will also be entitled to a discretionary bonus and other incentives, Prada said in a statement.

Guerra will also be paid a director's fee of 50,000 euros per annum.

(Reporting by Elisa Anzolin, editing by Gianluca Semeraro)