Following his stint at Alexander McQueen from 2004 until May 2016, Jonathan Akeroyd joined the Gianni Versace S.p.A family as Chief Executive Officer earlier this week and is expected to take office on June6,  2016.

“We are delighted to welcome Jonathan Akeroyd as our new CEO. Jonathan brings a proven track record in building global brands, steering growth and driving strategic development. Jonathan Akeroyd’s industry expertise and vision will be key to advancing the next phase of Versace’s development,” said Donatella Versace, Vice President and Artistic Director.

The new appointment brings Gian Giacomo Ferraris’ successful tenure to an end. He joined Versace in 2009 and led the Italian couture house to grow despite trying financial times and an earlier brush with bankruptcy.

Akeroyd brings his expertise as CEO from Alexander McQueen, where he successfully expanded the brand internationally, working hand-in-hand with creative and leadership teams during one of the company’s most robust periods.

“It is an honor to be joining such a dynamic and innovative organization. Versace is an iconic lifestyle brand recognized globally as a premier name in luxury,” said Akeroyd. I look forward to implementing a long-term business strategy that supports the visionary and creative direction of Donatella Versace and her team. This is an exciting opportunity to take Versace to even greater success.”