Kering has announced the appointment of Cédric Charbit as CEO of the maison Balenciaga, effective 28 November. He will report directly to François-Henri Pinault, chairman and CEO of Kering.

Cédric Charbit has been executive vice-president of product and marketing at Yves Saint Laurent since May 2016, a maison he joined in 2012. He has held various senior positions in the luxury sector over the last sixteen years. As CEO of Balenciaga, he will support the development of the house and further accelerate its international growth.

Cédric Charbit will succeed Isabelle Guichot. During her nine years at the helm of Balenciaga, Isabelle Guichot made a fundamental contribution to its growth and reputation on a global scale. She will be called to take on new responsibilities within the Kering Group, which will be announced later.