Lanvin Group Announces Leadership Transition
Rhea-AI Summary
Lanvin Group (NYSE: LANV) announced that David Chan, Executive President and Chief Financial Officer, will step down effective October 27, 2025 to pursue new opportunities.
The company said Mr. Chan helped build the Group's strategic and financial foundation, supported its transformation into a global luxury platform, and backed progress after the NYSE listing. The Board thanked him and said Lanvin Group remains positioned to pursue growth and long-term shareholder value.
The Company implemented a structured transition plan, said Mr. Chan may continue in an advisory capacity, and pledged to provide further updates on a successor in due course.
Positive
- Structured transition plan announced to ensure finance continuity
- CFO may remain in an advisory role preserving institutional knowledge
- Company emphasizes continued focus on growth and shareholder value
Negative
- Executive President and CFO vacancy effective Oct 27, 2025
- No successor named yet, creating short-term leadership uncertainty
- Potential near-term disruption to finance operations during transition
News Market Reaction 1 Alert
On the day this news was published, LANV declined 8.50%, reflecting a notable negative market reaction. This price movement removed approximately $22M from the company's valuation, bringing the market cap to $241M at that time.
Data tracked by StockTitan Argus on the day of publication.
Since joining Lanvin Group at its inception, Mr. Chan has been instrumental in strengthening the Group's strategic and financial foundation, advancing its transformation into a global luxury platform, and supporting its continued progress following the company's NYSE listing.
Mr. Zhen Huang, Chairman of Lanvin Group, said, "On behalf of the Board and the entire Lanvin Group team, I would like to express our sincere gratitude to David for his dedication and leadership over the past years. His significant contributions have been pivotal in shaping the Group's strategic direction and transformation efforts. We wish him continued success in his future endeavors. Lanvin Group remains well-positioned to continue delivering growth and creating long-term shareholder value."
Mr. Chan said, "It has been a true privilege to be part of Lanvin Group's remarkable journey since its inception. I am proud to have contributed to building a strong strategic and financial foundation, supporting the transformation of our global luxury platform, and driving initiatives that position the Group for sustainable growth. Working alongside such talented colleagues and visionary leaders has been inspiring, and I remain confident in Lanvin Group's future as it continues to deliver value for its stakeholders and expand its global presence."
The Company has implemented a structured transition plan to ensure continuity across its finance and operations functions. While Mr. Chan steps down from his executive role, he may continue to support the Company in an advisory capacity. The Group will provide further updates regarding the appointment of a successor in due course.
About Lanvin Group
Lanvin Group is a leading global luxury fashion group headquartered in
Enquiries:
Media
Lanvin Group
Winni Ren
winni.ren@lanvin-group.com
Investors
Lanvin Group
Coco Wang
coco.wang@lanvin-group.com
View original content:https://www.prnewswire.com/news-releases/lanvin-group-announces-leadership-transition-302580705.html
SOURCE LANVIN GROUP