When it comes to the fashion industry, Versace is a name that needs no introduction. The Italian luxury fashion house has been a prominent figure in the fashion world since its inception in 1978.
Over the years, Versace has become synonymous with opulence and glamour, and their products are known for their exquisite design and quality. However, behind every successful business, there is a team of individuals working tirelessly to ensure that everything runs smoothly. One such individual at Versace is the CFO or Chief Financial Officer.
The CFO of Versace is Jonathan Akeroyd. He was appointed to this position in May 2016 and has been an integral part of the company’s leadership team ever since. Akeroyd brings with him over two decades of experience in the luxury fashion industry.
Before joining Versace, Akeroyd worked as CEO at Alexander McQueen for nearly 12 years. During his tenure at Alexander McQueen, he was responsible for overseeing all aspects of the company’s operations and played a crucial role in developing the brand into one of the most successful luxury labels in the world.
Prior to his stint at Alexander McQueen, Akeroyd worked as Managing Director at Giorgio Armani for nearly eight years. His responsibilities included managing sales and marketing activities for Armani’s men’s wear line.
Akeroyd’s expertise in financial management and his vast experience in the luxury fashion industry make him an ideal fit for his current role as CFO of Versace. In this position, he oversees all financial matters related to the company, including budgeting, forecasting, financial reporting, risk management, and investor relations.
Akeroyd’s leadership has been instrumental in guiding Versace through some major changes over recent years. In 2018, Michael Kors Holdings Limited acquired Versace for $2.12 billion. The acquisition marked a significant milestone for both companies as it allowed them to expand their global reach and strengthen their presence in the luxury fashion market.
In conclusion, Jonathan Akeroyd is the CFO of Versace. His extensive experience in the luxury fashion industry and his expertise in financial management make him an invaluable member of the company’s leadership team. Under his guidance, Versace has continued to flourish, and with the backing of Michael Kors Holdings Limited, it is poised for even greater success in the future.