Safilo appoints new CFO

Safilo Group announced on Monday the appointment of Michele Melotti as group chief financial officer, following the announced resignation of former CFO, Gerd Graehsler, on Friday.

The Padua, Italy-based eyewear company said Melotti will commence the new role from August 28, and will be the manager responsible for the preparation of the company’s financial documents.

​Melotti began his professional career in KPMG Advisory, and joined Safilo in 2012 where, during his 11 years with the company, he has assumed roles of increasing responsibility within the finance and accounting function. In 2016, he was appointed senior director finance and accounting Western Europe and global accounts and in 2019 he was appointed to his current role as senior director group controlling.

He has a degree in business economics from the University of Modena and Reggio Emilia and a masters degree in general management from the University of Bologna.

Melotti replaces Graehsler, who announced his resignation from the group last week, to pursue another career opportunity.
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The appointment news comes just weeks after ​U.S. fashion brand Tommy Hilfiger announced it has renewed its eyewear licensing agreement with Safilo, taking the partnership through to the end of 2030.

A global designer and manufacturer ​of prescription frames, sunglasses, outdoor eyewear, goggles, and helmets, Safilo Group currently owns the ​Carrera, Polaroid, Smith, Blenders, Privé Revaux and Seventh Street eyewear brands.

It also licenses brands including Banana Republic, Boss, Carolina Herrera, Chiara Ferragni, Dsquared2, Etro, Eyewear by David Beckham, Fossil, havaianas, Hugo, Isabel Marant, Jimmy Choo, Juicy Couture, Kate Spade New York, Levi’s, Liz Claiborne, Love Moschino, Marc Jacobs, Missoni, M Missoni, Moschino, Pierre Cardin, Ports, Rag & Bone, and Under Armour.