Chanel’s President and COO John Galantic will step down after five years with the company.
He decided to leave the luxury French fashion house to pursue external career opportunities, but will continue to helm the business until his departure on 30 June.
During his tenure, Galantic established and oversaw Chanel’s Global Digital Services, which was created to support the brand’s digital capabilities.
He also led the company’s sustainability and social commitment through initiatives such as Sunrun, the launch of Chanel Community and the Racial Justice Fund.
Prior to joining Chanel, Galantic spent five years as Coty Beauty’s President and COO.
“Chanel is grateful for John Galantic’s contributions during his tenure and wishes him continued success for his next chapter,” a spokesperson for the brand said.
“His successor will be announced very soon.”
The news comes after Chanel’s GM of Fragrance and Beauty, Barbara Menarguez, was appointed as the new chair of the Personal Care Products Council’s (PCPC) board.
Menarguez is a 25-year veteran of Chanel, and has also served as the company’s Senior Vice President and Chief Financial Officer.
“Barbara’s impressive accomplishments and strong leadership will serve our membership well as we continue to advance our industry’s determination for a more beautiful and sustainable world,” said PCPC president and CEO Lezlee Westine at the time.
Chanel also recently named actress Whitney Peak as its first black fragrance ambassador.
The Gossip Girl reboot and Hocus Pocus 2 star has fronted Chanel’s Coco Mademoiselle fragrance since February.
