The Tamesis
Puig appoints Jose Manuel Albesa as CEO, effective immediately. He will work alongside Marc Puig, who will step down from his current role as chairman and chief executive of the Spanish conglomerate to become executive chairman.
The pair will work together to fine-tune Puig’s strategic vision and focus on M&A strategy, the group said. Marc Puig will continue to be involved with key appointments within the company and its beauty and fashion portfolio, including Charlotte Tilbury, Carolina Herrera, Rabanne, Jean Paul Gaultier, Nina Ricci, Byredo, Dries Van Noten, Dr. Barbara Sturm and more.
“This is an exciting time in Puig’s evolution as we build a very solid foundation and growth that sets the stage for our next phase of growth,” Puig said in a statement on Tuesday. “With this important announcement, the Puig board of directors begins a new chapter in corporate governance. I have worked closely with Jose Manuel for more than 20 years, and I have every confidence that his talent, leadership and vision make him a perfect fit to become Puig’s CEO.”
Albesa joined Puig in 1998 and has held several senior leadership positions in the company’s brand development, marketing and operations areas. His most recent role was deputy CEO and president of beauty and fashion. “I believe there is still huge potential for the future. The goal of this next phase is to renew our energy, sharpen our focus and build on what makes Puig special, and I look forward to continuing this journey with Marc Puig and all our team,” Albaissa said in a statement.
In May, Manuel Albesa will be nominated to Puig’s board of directors at the group’s annual meeting. The company also announced the appointment of Miquel Angel Serra to succeed Joan Albiol as chief financial officer.
In February this year, Puig reported strong performance in 2025, with revenue up 7.8% year-on-year to 5 billion euros. In 2025, the perfume and fashion business will account for 72% of the group’s total revenue, a year-on-year growth of 6.4%. However, the cosmetics and skin care categories had the strongest growth, with annual growth of 13.7% and 8.7% respectively.
“[Albesa’s] A deep understanding of our brand, culture and ways of working is critical to driving our company forward. As Executive Chairman, I remain fully committed to Puig and I look forward to continuing to work with José Manuel as we begin this next chapter in our company’s history. “Puig said.
