Puig creates deputy CEO role, entrusts to company veteran José Manuel Albesa

Puig, a Spanish group focused on high-end fashion, perfumery, and cosmetics, is reinforcing its structure and incorporating the figure of deputy CEO into its organizational chart. The company has entrusted this newly created role to José Manuel Albesa, a company executive who has been with the company since 1998.

“We have created the position of deputy CEO of Puig, to whom all divisions will report, for which I am pleased to announce the appointment of José Manuel Albesa. I have worked closely with José Manuel since I took over as CEO in 2004, and I can assure you that his passion, understanding of Puig’s values, and talent as a brand builder and leader have been instrumental in transforming Puig into the global premium beauty company it is today,” explained the group’s president and CEO, Marc Puig, in a press release, in which the company also reported its consolidated results for the first half of the year, advanced in July.

“José Manuel is the ideal person for this new position and I am looking forward to moving forward in this new phase of Puig’s development thanks to our strong relationship of trust. I remain firmly committed to my role as chairman and CEO and, together, we will ensure that Puig faces the future in a position of maximum strength,” he added.

The company details that it has created this new role, which will be in charge of all divisions, to drive its development and strategy “across the business.”

Albesa will report directly to Marc Puig and will maintain his responsibilities as president of the group’s beauty and fashion division. For this strategic appointment, the Catalan company has relied on internal talent: Albesa joined the group in 1998 and since then “has played a crucial role in Puig’s strategic direction and in driving the global expansion of its fragrance and fashion portfolio,” the corporation says.

In his career at Puig, Albesa has held various senior management roles in the areas of brand development, marketing, or innovation. “Among his achievements is the repositioning of Rabanne, Carolina Herrera, and Jean Paul Gaultier, transforming them into three of the top ten fragrance brands in the world,” the company added.

In the first half of fiscal 2025, Puig posted net sales of 2299 million euros and net attributable profit of 275 million euros, up 78.8% from the same period last year.