Daniella Vitale, formerly chief operating officer of Barneys New York, has been named chief executive officer of the luxury retailer. Her mentor Mark Lee, who joined Barneys as chief executive in 2010, has been named executive chairman reporting to Richard Perry, whose hedge fund Perry Capital owns a majority stake in the company.
“Leading Barneys New York has been a privilege and the ultimate finale for my full-time career. When I joined as CEO in 2010 I thought I would remain for four years,” Lee said in a statement. “Six and a half years later it’s time for me to turn the day-to-day management over to Daniella who has long been my planned successor and is uniquely qualified to take the leadership reins. I will continue to support Richard Perry at the board level as I pursue other part time opportunities and passions in what I am characterizing as my retirement from full-time luxury industry work.”
Vitale, who worked alongside Lee at the Kering-owned Gucci, where he was chief executive, joined Barneys in 2010 as chief merchant and executive vice president. In 2013, she was promoted to chief operating officer, in charge of all women’s merchandising, business development, digital strategy and store operations.