MILAN – Valentino ‘s chief executive officer Jacopo Venturini has exited the couture house. His last day was Wednesday.

On Thursday, Valentino said it had reached a mutual agreement with Venturini to terminate his employment and board roles as the executive “has decided to take a break for personal reasons.”

Sources close to the company say Alessandro Michele is staying on in his role as creative director. A source said the company is “confirming full trust and commitment” in the designer. Michele’s next collection for the brand will be unveiled in Paris for spring 2026 with a show on Oct. 5. In March 2024, former Gucci creative director Michele was appointed to the same role at Valentino , succeeding Pierpaolo Piccioli, who in May joined Balenciaga.

A successor was not named but

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