The Board of Directors of Tod's has decided what will become of Chiara Ferragni: she was on the Board of Directors, but the record of absences and the Balocco case do not work in her favor
The troubled relationship between the digital influencer Chiara Ferragni and the fashion brand Tod's it's not a secret. You were on the board of directors of the Marche group headed by Diego Della Valle, but you accumulated a record of absences during the board of directors. A “stain” on her CV, which adds to that of the scandal over the alleged charity of the Balocco pandoro. What will be the fate of the influencer at Tod's?
Last February 23rd, Diego della Valle, speaking precisely about the Balocco case, had made it clear that there were no major problems for his group. “Chiara Ferragni has always been very correct with us, she has done some nice charity things. We do not want to hastily deal with a discussion that concerns the dignity of people“.
He then added to let things take their course, without judging people before the matter could be clarified in the right places. The CEO of Tod's he then added that everyone would make the best decision, treating the topic seriously.
The digital entrepreneur has been part of the board of directors of the Marche group since 21 April 2021. Tod's prices at the time they rose quickly within a day, increasing the brand's stock market value by more than 100 million euros.
They did, however, discuss the numerous absences of Chiara Ferragni who, according to company records, only attended 3 meetings, out of the 17 total he was supposed to attend. An absenteeism rate of 82.4% which may have weighed, together with the Balocco case, on the decisions to keep her on the Board of Directors or not. Decision that now seems to have been taken by Diego Della Valle.
Chiara Ferragni from Tod's will not be reconfirmed on the Board of Directors
According to what we learn from Di.Vi. Finanziaria, a group controlled by Diego Della Valle which holds 50.291% of the capital of Tod's, Chiara Ferragni will not be reconfirmed in Board of Directors of Tod's. In the majority list for the renewal of the board of the Marche clothing company, which will be presented at the April meeting, there is no name of the blonde influencer.
Among the nine candidates on the list, Chiara Ferragni, who joined the board of directors in 2021, is absent. In first place we find the president and CEO Diego Della Valle, followed by the general counsel of Intercos Maria D'Agata and Andrea Della Vallenow vice president of the group.
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