Gucci’s Mark Lee to Step Down

PARIS — Mark Lee is stepping down as president and CEO of Gucci, effective at the end of the year.

One of the industry’s most admired executives, who steered rapid growth at the Gucci brand over the past four years, Lee will be succeeded by Bottega Veneta CEO Patrizio Di Marco, effective Jan. 1.

In turn, Di Marco will be succeeded at Bottega by Marco Bizzarri, CEO at Stella McCartney, in a wide-ranging management shuffle at the world’s third-largest luxury group.