Italian luxury house Valentino announced CEO Jacopo Venturini has stepped down from his role and board duties, citing personal reasons. Venturini led the company from June 2020, succeeding Stefano Sassi. Before joining Valentino, he served as executive vice president at Gucci, overseeing merchandising and global markets until October 2019. During his tenure, Venturini restructured operations, closed the Red Valentino line, and accelerated retail expansion.