| CEO Name | Massimo Renon |
| Nationality | Italy |
| Net Worth Estimation | $3 million |
Massimo Renon's estimated net worth of around $3 million is based on his compensation package as CEO of Benetton Group, as well as previous executive roles at companies like Luxottica and Luxbag. This figure reflects salary, bonuses, stock holdings, and accumulated wealth from his career in the fashion and eyewear industries.
Massimo Renon's estimated net worth of $3,000,000 is 0.03% of the maximum ($9,000,000,000) and 0.3% above the minimum ($1,000,000) for apparel industry CEOs. This places his wealth near the lower end of CEOs in this business category.
Business Category: Apparel
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 9000000000 USD
Massimo Renon Performance in Benetton Group
Massimo Renon, CEO of Benetton Group, drives strategic leadership focused on innovation and sustainability, enhancing brand reputation. His decision-making emphasizes digital transformation and supply chain efficiency, significantly improving operational performance. Under Renon's tenure, Benetton Group has seen strengthened market position and accelerated growth in global fashion retail.
Latest News
Benetton Group Restructures into Seven Companies Under New CEO Claudio Sforza
Benetton Group has completed the first phase of its relaunch plan, splitting into seven new companies and ending its vertically integrated model under CEO Claudio Sforza, who replaced Massimo Renon in June 2024. The move includes closing production sites abroad, consolidating staff in Italy, and reducing its global store count to nearly 3,000, aiming to cut losses and return to profitability by 2026.
Source: http://ww.fashionnetwork.com/news/Benetton-group-rejigs-corporate-structure-to-kick-off-label-s-relaunch,1772081.html