John Galantic is no longer serving as CEO of the Tod’s Group. The American executive took the helm of the Della Valle family-owned company in 2024, shortly after it was delisted from the stock exchange. Prior to that, Galantic had spent 16 years at the helm of Chanel, where he served as president and chief operating officer, in addition to serving as a non-executive director on Ferrari’s board of directors.
A sudden departure and a transitional leadership
Diego Della Valle, who held the position before him, remained chairman of the group, while his brother Andrea remained vice chairman. Galantic left the company at the end of April for personal reasons and returned to the United States, as a Tod’s representative told Bloomberg. The company has not yet named a successor.
A distinguished career in marketing and luxury
Born in Boston, a graduate of Tufts University, and holder of an MBA from Harvard Business School, Galantic began his career at Procter & Gamble, holding various positions in marketing and sales in Italy, the United Kingdom, and the United States. Before joining Chanel, he also worked at GlaxoSmithKline in global marketing and served as president of Coty Americas at Coty Beauty. In addition to his role at Ferrari, he has been a member of the board of directors at Bacardi Limited since 2011 and is a partner at the Advent International fund.
The Tod’s Group’s Shareholder Structure
The Tod’s Group is controlled by the Della Valle family, which holds 54% of the equity, while 36% is owned by L Catterton, the world’s largest private equity firm dedicated to the consumer goods sector, formed in 2016 through the merger of Catterton and L Capital.