Sky News understands that Mr Venters, who recently stepped down as the boss of global contemporary art gallery Hauser & Wirth, has agreed to become a non-executive of Paul Smith - whose eponymous founder remains heavily involved in the business.
Ewan Venters, the former Fortnum & Mason chief, is joining the board of Paul Smith Ltd, the design company best-known for its striped fashion garments.
"Ewan is joining us at a pivotal moment for the company as we consider a number of key strategies to shape the future of our special brand," said Sir Paul Smith, chairman and founder.
Mr Venters, who also oversaw Artfarm's acquisition of London's Groucho Club during his stint with Hauser & Wirth, remains the chair of the private sector council of the government's GREAT campaign.
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