Chanel Inc. President and COO John Galantic Resigns.
John Galantic, president and chief operating officer of Chanel Inc., is stepping down from his role to pursue other career opportunities. He will continue to lead the company until June 30. Galantic joined Chanel in 2006 and has been credited with building the brand and business of Chanel Inc. into a true powerhouse. His successor will be named soon.