Lanvin Group’s CFO steps down before unveiling 2022 financials
Lanvin Group, the luxury group that owns brands including Lanvin, Sergio Rossi, and Wolford, announced that its CFO is resigning ahead of the full-year results announcement.
Shang Koo has informed the Lavin Group Board of his decision to resign as Chief Financial Officer after a two-year stint at the company. In the meantime, Executive President David Chan will serve as interim CFO while the Group undertakes a search for Mr. Koo’s replacement.
The CFO’s resignation was announced in the wake of the Lanvin Group’s unaudited full-year 2022 preliminary revenue results report that will be published on 17 February 2023.
Joann Cheng, Chairman and CEO of Lanvin Group, commented: “For our first financial announcement as a newly listed company, we look forward to providing an early understanding of last year’s revenues, ahead of the release of our final audited 2022 financial results in April.
“I would also like to express my sincere gratitude to Shang for his contribution to Lanvin Group, particularly during the Group’s listing process. We wish him every success in his future endeavors.”
David Chan will retain his position as Executive President of Lanvin Group, overseeing the Group’s activities. He also currently serves as the Chairman of Wolford’s Supervisory Board, and as a board member of Lanvin, Sergio Rossi, St. John and Caruso.