Italian luxury outerwear giant Moncler has announced that Remo Ruffini, its main shareholder, will step down as chief executive on April 1.
He will be succeeded by Bartolomeo Rongone, currently CEO of Kering-owned Bottega Veneta, marking a significant leadership transition for the Milan-based group.
Ruffini will retain his position as chairman, preserving executive powers and continuing to oversee Moncler’s creative direction.
The company emphasized that Ruffini will remain central to defining Moncler’s strategic path in the coming years.
Forward-Looking Leadership Changes
Ruffini described the decision as “forward-looking,” highlighting potential generational succession within the company.
He has two sons, Pietro, who runs the family investment firm Archive, and Romeo, chief business officer at Stone Island, a smaller brand under the Moncler umbrella.
The outgoing CEO stated, “We … decided to strengthen our structure to consolidate what we have built and to best support a new phase of development.”
Rongone, who has led Bottega Veneta since 2019, will leave that post on March 31.
Before leading Bottega Veneta, he served as Chief Operating Officer at Yves Saint Laurent, another Kering brand, bringing extensive luxury experience to Moncler.
Kering has confirmed that a search to replace Rongone is underway and that the appointment will be announced soon.
Ruffini’s Moncler Legacy
Ruffini acquired Moncler in 2003 and took the company public on the Milan Stock Exchange ten years later.
He owns 18.2% of Moncler through his vehicle Double R.
In 2024, LVMH acquired a 10% stake in Double R, further cementing the brand’s strategic importance in the luxury sector.
Rongone also brings experience from a decade at LVMH-owned Fendi prior to joining Kering in 2012.
Moncler also confirmed that Chief Business and Global Market Officer Roberto Eggs will step down from his executive role but remain on the board as a non-executive director.
The leadership reshuffle signals Moncler’s commitment to sustaining growth and preparing for the next phase of its global expansion.