The staff news from Diesel and its parent company OTB continues to break. After it was announced yesterday that artistic director Nicola Formichetti will leave Diesel at the end of the year, today saw the announcement of the company's new CEO: Marco Agnolin.

Nicola Formichetti (l.) with Diesel founder Renzo Rosso


Nicola Formichetti leaves Diesel

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The position was vacant since Diesel's former CEO Alessandro Bogliolo left the company this past summer and joined the board of directors as CEO of US luxury jewelry brand Tiffany & Co.

Agnolin joins Diesel from the Iditex Group where he was appointed director of the young fashion chain Bershka in 2011 and previously was responsible for the Spanish fast fashion group in Italy.

“I am proud to welcome Marco on board, one of the most talented fashion executives worldwide and a professional whose career I have followed for a long time,” said Diesel-founder Renzo Rosso. 

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