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1913 Prada SpA News Story

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Prada appoints former Luxottica chief Guerra as new CEO

MILAN, Jan 27 (Reuters) - Italian fashion group Prada
 1913.HK  said on Friday it appointed former Luxottica chief
Andrea Guerra as its new chief executive officer, taking the
place of Patrizio Bertelli and Miuccia Prada as planned. 
    The group announced in December that Guerra would take the
helm of the group, easing a transition to the next generation of
the founding family.
    Guerra, 57, will get a remuneration of around 151,000 euros
per month, including salary, benefits in kind, pension,
healthcare, and he will also be entitled to a discretionary
bonus and other incentives, Prada said in a statement. 
    Guerra will also be paid a director's fee of 50,000 euros
per annum.
 (Reporting by Elisa Anzolin, editing by Gianluca Semeraro)
 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))

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