Franco Savastano

Franco Savastano

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Franco Savastano is a seasoned executive in the retail industry, known for his role as the CEO of Globus, a prominent Swiss department store chain. He joined Globus in 2019 during its transition period after being sold by Migros, and he played a pivotal role in navigating the company through significant changes, including its acquisition by the Central Group. Savastano's leadership has been marked by efforts to revitalize the brand and adapt to a competitive retail environment, but he is set to leave the company by the end of March 2024 as part of a strategic restructuring.

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Recent news mentions

Franco Savastano was the long-time CEO of Globus who stepped down.

Die Central Group verliert die Geduld
Neue Zürcher Zeitung·SwitzerlandSwitzerland· 2025-10-26
5.0

Franco Savastano was the CEO of Globus who aimed to change the restaurant concept to a more spacious and generous dining experience.

Das neue Gastro-Angebot im Globus am Bellevue ist ein Flop
Neue Zürcher Zeitung·SwitzerlandSwitzerland· 2025-10-13
5.0
Also mentioned
Annick Ramp
Annick Ramp

Franco Savastano is taking over the leadership of Holt Renfrew in Toronto after previously leading Globus in Switzerland.

Der Ex-Globus-Chef übernimmt Holt Renfrew in Toronto, Kanada
Neue Zürcher Zeitung·SwitzerlandSwitzerland· 2025-10-04
7.0
Also mentioned
Salvatore Vinci
Salvatore Vinci

Franco Savastano is the last true department store professional in Switzerland and is stepping down from his position as CEO of Globus.

Die schlechteste Woche hatte Franco Savastano
Neue Zürcher Zeitung·SwitzerlandSwitzerland· 2025-02-16
5.0

Franco Savastano must leave the company by the end of March.

Die Schweizer Warenhauskette wird eine Dépendance
Neue Zürcher Zeitung·SwitzerlandSwitzerland· 2025-02-12
4.0