THE WHAT? Chanel has appointed Elisabetta Caldera as global chief people and organisation officer, continuing a reshuffle of senior leadership as long-serving executives retire.
THE DETAILS Caldera, currently global chief human resources officer at Dutch insurer Aegon, will join Chanel next month, succeeding Claire Isnard, who is retiring after more than 17 years with the group. Based in London, Caldera will report to Chief Executive Officer Leena Nair and join the company’s global leadership team.
Caldera spent more than four years at Aegon as part of its executive committee and previously held senior HR roles during a 17-year tenure at Vodafone. Chanel employed approximately 38,400 people last year.
The appointment comes as Chanel continues a broader management transition under Nair, herself a former Unilever HR chief. The privately owned group reported a 4.3% year-on-year revenue decline to US$18.7bn in 2024, with operating profit falling by nearly one-third amid increased advertising investment and higher headcount.
THE WHY? As luxury and beauty groups recalibrate cost structures and talent strategies amid softer demand, Chanel’s latest appointment signals a continued focus on organisational transformation and workforce management at the highest level.
Source: FashionNetwork
