Chiara Ferragni will not be reconfirmed on the Tod's board of directors, Montezemolo will also be out

Chiara Ferragni will not be reconfirmed on the Tod's board of directors and like her, Luca di Montezemolo and Luigi Abete will not be reappointed.

Di.Vi. Finanziaria, a vehicle controlled by Diego Della Valle who holds 50.291% of Tod's capital, presented the majority list for the renewal of the board of the Marche clothing company at the April meeting : the influencer does not appear among the nine candidates who had joined the board of directors in the spring of 2021 but that of the former president of Ferrari and the former president of Bnl also do not appear.

When Ferragni's entry into the board of directors was announced, in one day the capitalization rose from 945 million euros to almost 1,040 million, with the shares jumping by 14% to 32.74 euros. In two years, however, the digital entrepreneur has reached a record number of absences, participating, according to data from the company led by Diego Della Valle, in only three board of directors meetings out of 17 in total.

The list is led by the president himself and Diego Della Valle and sees Maria D'Agata (general counsel of Intercos) in second place. The third name on the list is that of Andrea Della Valle, current vice president.

(Unioneonline/D)