The influencer’s companies Clare Ferragni, Fenice and TBS Crew announced this Thursday (13) administrative changes “in a process of corporate renewal”, after the Italian company was involved in a scandal due to unfair commercial practices.
In a note, the companies announce that as of June 16th, executive Fabio Maria Damato “will leave his role as general director and advisor of both companies to seek other professional opportunities”. “The change is part of a corporate renewal process”, they add.
Born in Barletta and graduated in business economics from Bocconi University, Damato was part of Ferragni's group since 2017. He was the influencer's right-hand man, playing crucial roles as general director of the brands “The Blonde Salad” and “Chiara Ferragni Collection”. .
The relationship is said to have deteriorated following the scandal that tarnished Ferragni's image over alleged fraud in charitable actions, including the "Balocco case", in which she is accused of committing unfair practices in the promotion of a pandoro, a typical Italian Christmas sweet, with a limited edition that bore her brand. In addition, her departure from the group comes in the wake of the changes already implemented by the Italian influencer with the appointment of her mother, Marina Di Guardo, as general director with management powers that were previously in the hands of Damato.
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LEARN MOREThe Italian's role has always been central not only in the economic management of companies, but also in Ferragni's clothing choices, as revealed in the documentary “Chiara Ferragni Unposted”, of which the manager is one of the executive producers.
According to reports, Damato also played a role in the separation of Ferragni and Fedez. The rapper has revealed on several occasions his irritation with his wife's right-hand man, who he considers one of those responsible for the collapse of her image.
In a note published on Instagram, Ferragni's now former right-hand man published an outburst: “In these difficult months I never responded to the provocations or incorrect information that circulated about me because, as an employee, I believed it was not right to do so, given the respect for the people, the hierarchies and the companies I worked for.”
However, Damato reinforced that “today it is also opportune to rectify that my departure was an autonomous and voluntary choice, and not, as the company announced, that 'the change is part of a corporate renewal process'”. (HANDLE)
