Mark Lee joined Barneys New York seven years ago as chief executive at Barneys New York. Following an impressive tenure, he is stepping away from the position in order to become an executive chairman at Perry Capitol, majority owner of the luxury brand.
Daniella Vitale has been named as his successor. Having followed Lee for much of his career, she will now be promoted from chief operating officer into her new role as chief executive officer of the company.
“I want to thank Mark for being a mentor, partner and friend for the bulk of my career and giving me the opportunity to be part of this incredible company. I am part of an organization with a rich history, extraordinary talent and an exciting future,” stated Vitale.
Vitale spent time with Lee at Gucci before both made the jump to Barneys in 2010. He was brought in as the executive vice president while she was appointed as chief merchant. Vitale was named the chief operating officer for the brand in 2013 before being bestowed the honor of CEO four years later.
“Leading Barneys New York has been a privilege and the ultimate finale for my full-time career. When I joined as CEO in 2010 I thought I would remain for four years. Six and a half years later it’s time for me to turn the day-to-day management over to Daniella who has long been my planned successor and is uniquely qualified to take the leadership reins,” said Lee in a statement. “I will continue to support Richard Perry at the board level as I pursue other part-time opportunities and passions in what I am characterizing as my retirement from full-time luxury industry work.”
Looking back upon her previous accolades and accomplishments, it seems Barneys New York will continue to be in trustworthy hands.