OTB announces appointment of Ubaldo Minelli as new group CEO

OTB has announced through a media statement that a new organization and a new management team will define the future strategic development at the 1.6 billion euros (1.90 billion dollars) fashion group chaired by Renzo Rosso. The company said, in January 2018, Ubaldo Minelli will be appointed Chief Executive Officer of OTB. The company added that Riccardo Stilli, who has been the CEO of OTB for the past four years, will leave the company to pursue new professional paths.