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Francesco Trapani

Francesco Trapani, (born 1957), is the former CEO of the Italian jeweler and luxury goods retailer Bulgari.[1]

Francesco Trapani
Born1957
Italy
Alma materUniversity of Naples, Economy
New York University, Business Administration[1]
Known forCEO of Bulgari
SpousePartner: Lorenza de Liechtenstein
ChildrenRebecca, Agostino and Allegra
ParentMother: Lia Bulgari
RelativesUncles: Paolo Bulgari, Nicola Bulgari, Gianni Bulgari
Great Grandfather: Sotirio Bulgari
Grandmother: Leonilde

Family relations edit

Trapani is the son of a surgeon and Lia Bulgari. Lia Bulgari is the elder sister of Paolo Bulgari, the current Chairman of the Bulgari group. Lia and her three brothers - Paolo, Nicola and Gianni - are the grandchildren of Sotirio Bulgari, an Ottoman born Greek silversmith, who was the Bulgari group founder.[2]

Career edit

Trapani took over the Bulgari group in 1984. He is credited with turning the company around into one of the more successful luxury jewellery brand. In 2001, he managed the Bulgari joint venture with Marriott International to open a set of Bulgari branded hotels, named Bulgari Hotels and Resorts.[1] In 1995, Trapani oversaw the listing of Bulgari on the Milan Stock Exchange and SEAQ International in London.[2]

Francesco Trapani oversaw the sales and integration of Bulgari within LVMH, in 2011.

Trapani replaced Philippe Pascal as the Head of Watches and Jewelry at LVMH, following the sale of Bulgari to LVMH.[3] until 2014, when he left the company.

He later joined Clessidra, an italian private equity fund specialized in Luxury and apparel, in 2014, as senior partner, and Tages in 2016, while serving as board members of several companies.

Together with Marco Taricco and Giuseppe Bivona, Trapani launched an activist hedge fund with 50 million euros under management, called Bluebell Active Equity Fund, on November 11, 2019.[4]

Bulgari sale to LVMH edit

Trapani described in a 2004 article[2] that "one day, Bulgari is going to be sold, we'll see." He also described that "there are a couple of big companies that would be interested, but they have not approached us."

Regarding the sale of Bulgari to LVMH in March 2011, he indicated that the sale is because LVMH recognises Bulgari as a "star brand" and that he doesn't believe LVMH will "dilute" the brand.[3]

Other activities edit

  • Salesforce, Member of the Advisory Board on Europe, the Middle East and Africa (since 2020)[5]

References edit

  1. ^ a b c "Francesco Trapani". 22 September 2010. Retrieved 14 March 2011.
  2. ^ a b c "Francesco Trapani: The Bulgari nephew who turned the ship round". The Independent. 16 May 2004. Retrieved 14 March 2011.
  3. ^ a b Copetas, A. Craig; Roberts, Andrew (9 March 2011). "Bulgari CEO Trapani Says Independent Jewelers Will Struggle". Bloomberg. Retrieved 14 March 2011.
  4. ^ Kumar, Nishant (31 October 2019). "Bulgari's Former CEO Plans Hedge Fund With Advisers to Elliott". www.bloomberg.com. Retrieved 2019-11-03.
  5. ^ Salesforce Appoints Advisory Board to Support Growth in EMEA Salesforce, press release of May 26, 2020.


francesco, trapani, born, 1957, former, italian, jeweler, luxury, goods, retailer, bulgari, born1957italyalma, materuniversity, naples, economy, york, university, business, administration, known, forceo, bulgarispousepartner, lorenza, liechtensteinchildrenrebe. Francesco Trapani born 1957 is the former CEO of the Italian jeweler and luxury goods retailer Bulgari 1 Francesco TrapaniBorn1957ItalyAlma materUniversity of Naples Economy New York University Business Administration 1 Known forCEO of BulgariSpousePartner Lorenza de LiechtensteinChildrenRebecca Agostino and AllegraParentMother Lia BulgariRelativesUncles Paolo Bulgari Nicola Bulgari Gianni Bulgari Great Grandfather Sotirio Bulgari Grandmother Leonilde Contents 1 Family relations 2 Career 2 1 Bulgari sale to LVMH 3 Other activities 4 ReferencesFamily relations editTrapani is the son of a surgeon and Lia Bulgari Lia Bulgari is the elder sister of Paolo Bulgari the current Chairman of the Bulgari group Lia and her three brothers Paolo Nicola and Gianni are the grandchildren of Sotirio Bulgari an Ottoman born Greek silversmith who was the Bulgari group founder 2 Career editTrapani took over the Bulgari group in 1984 He is credited with turning the company around into one of the more successful luxury jewellery brand In 2001 he managed the Bulgari joint venture with Marriott International to open a set of Bulgari branded hotels named Bulgari Hotels and Resorts 1 In 1995 Trapani oversaw the listing of Bulgari on the Milan Stock Exchange and SEAQ International in London 2 Francesco Trapani oversaw the sales and integration of Bulgari within LVMH in 2011 Trapani replaced Philippe Pascal as the Head of Watches and Jewelry at LVMH following the sale of Bulgari to LVMH 3 until 2014 when he left the company He later joined Clessidra an italian private equity fund specialized in Luxury and apparel in 2014 as senior partner and Tages in 2016 while serving as board members of several companies Together with Marco Taricco and Giuseppe Bivona Trapani launched an activist hedge fund with 50 million euros under management called Bluebell Active Equity Fund on November 11 2019 4 Bulgari sale to LVMH edit Trapani described in a 2004 article 2 that one day Bulgari is going to be sold we ll see He also described that there are a couple of big companies that would be interested but they have not approached us Regarding the sale of Bulgari to LVMH in March 2011 he indicated that the sale is because LVMH recognises Bulgari as a star brand and that he doesn t believe LVMH will dilute the brand 3 Other activities editSalesforce Member of the Advisory Board on Europe the Middle East and Africa since 2020 5 References edit a b c Francesco Trapani 22 September 2010 Retrieved 14 March 2011 a b c Francesco Trapani The Bulgari nephew who turned the ship round The Independent 16 May 2004 Retrieved 14 March 2011 a b Copetas A Craig Roberts Andrew 9 March 2011 Bulgari CEO Trapani Says Independent Jewelers Will Struggle Bloomberg Retrieved 14 March 2011 Kumar Nishant 31 October 2019 Bulgari s Former CEO Plans Hedge Fund With Advisers to Elliott www bloomberg com Retrieved 2019 11 03 Salesforce Appoints Advisory Board to Support Growth in EMEA Salesforce press release of May 26 2020 nbsp This business related biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Francesco Trapani amp oldid 1191359473, wikipedia, wiki, book, books, library,

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