The Former Chanel Executive Has Returned to the U.S. for Personal Reasons as Tod’s Navigates an Industry Slowdown
John Galantic has exited his role as Chief Executive Officer of Tod’s Group less than a year after joining the Italian luxury company.
Galantic, who became CEO in September 2024 shortly after Tod’s was taken private, quietly departed the company at the end of April, citing personal reasons. He has since returned to the United States. No successor has been named.
During his tenure, Galantic maintained a notably low public profile. Chairman Diego Della Valle and Vice Chairman Andrea Della Valle continued to remain highly visible in the management of the company.
Before joining Tod’s, Galantic spent nearly 16 years at Chanel, where he most recently served as President and Chief Operating Officer of Chanel Inc. in the United States. During his time there, he helped oversee the expansion of Chanel’s owned retail distribution, the development of its digital capabilities and a broader transformation of its wholesale business into a concession-based model with American department stores.
He also played a role in advancing Chanel’s sustainability and social impact initiatives, including the launch of Chanel Community and the Racial Justice Fund.
Prior to Chanel, Galantic held senior leadership positions at Coty Beauty U.S., SmithKline Beecham and Procter & Gamble. He is also a board member of Ferrari.
Galantic joined Tod’s at a pivotal moment for the Italian group following its delisting from the Milan stock exchange in 2024. The company, controlled by the Della Valle family and backed by L Catterton, had been seeking to strengthen its operational and international positioning while accelerating digital development.
His departure also comes during a challenging period for the luxury sector, as brands contend with softer global demand following the post-pandemic boom.
Tod’s Group, which owns Tod’s, Roger Vivier, Hogan and Fay, has additionally faced scrutiny over supply chain practices amid a wider investigation involving several Italian luxury companies.
The company has not commented publicly on future leadership plans.