Paolo Riva Steps Down as CEO of Victoria Beckham Ltd.

LONDON — Paolo Riva, who joined Victoria Beckham as chief executive last September, is leaving the company for personal reasons and with immediate effect. The company said Friday that chairman Ralph Toledano will lead the business moving forward, and the search is already on for a new ceo. “It has been a real pleasure working with Paolo, and on behalf of the board, I would like to thank him for his contribution. I look forward to continuing to drive and implement the strategy for the brand with Victoria and the team,” he said. Riva said he was proud of what he accomplished with the team “and wish the company great success for the future.” He joined the fashion firm on Sept. 1, 2018, and reported to the board of directors. He replaced Zach Duane, who left in 2017. There are more changes in management, with product director Marie Leblanc de Reynies promoted to managing director of brand and product, a new role, and the appointment of Pablo Sande as chief financial and legal officer. Leblanc de Reynies joined the company a year ago, having previously headed women’s fashion and brand positioning for Printemps in Paris. She has also worked in design and collection development at Isabel

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