MILAN — Francesco Trapani doesn’t believe in chief executive officers over the age of 65.
“Of course we can’t generalize but the concept of a ceo is similar to that of a professional athlete, who usually can’t do competitive sports for that many years. That’s the same for a job so stressful as the ceo,” said the former Bulgari and LVMH Moët Hennessy Louis Vuitton executive, marking the starting point of a lively panel he hosted on Thursday in Milan as part of a series of talks staged by Italian daily paper Corriere della Sera.
Trapani’s attendance at the event came a fortnight after his exit from Tiffany & Co. board, following the jewelry company’s acquisition by LVMH in a blockbuster $16.2 billion deal — an operation that was evidently high up on the panel’s agenda.
“My resignation from the board has nothing to do with the deal but it’s due to personal reasons, because there are rules you have to respect when you are a member of a board of an American public company…and I would have been forbidden to pursue some personal projects I cared about,” he said.
“So absolutely there’s no dissent at all. Tiffany & Co. is such an extraordinary
“Of course we can’t generalize but the concept of a ceo is similar to that of a professional athlete, who usually can’t do competitive sports for that many years. That’s the same for a job so stressful as the ceo,” said the former Bulgari and LVMH Moët Hennessy Louis Vuitton executive, marking the starting point of a lively panel he hosted on Thursday in Milan as part of a series of talks staged by Italian daily paper Corriere della Sera.
Trapani’s attendance at the event came a fortnight after his exit from Tiffany & Co. board, following the jewelry company’s acquisition by LVMH in a blockbuster $16.2 billion deal — an operation that was evidently high up on the panel’s agenda.
“My resignation from the board has nothing to do with the deal but it’s due to personal reasons, because there are rules you have to respect when you are a member of a board of an American public company…and I would have been forbidden to pursue some personal projects I cared about,” he said.
“So absolutely there’s no dissent at all. Tiffany & Co. is such an extraordinary