PRESS RELEASE |
2022 ANNUAL GENERAL MEETING:
APPROVAL OF ALL RESOLUTIONS AND
CHANGES IN THE MEMBERSHIP OF
Kering’s shareholders approved all the resolutions submitted for their vote, including those related to the membership of the Board of Directors.
Consequently, Kering’s Board of Directors comprises 14 members and includes:
- 7 Independent Directors (i.e., a rate of 58% excluding Directors representing employees, in accordance with the provisions of the AFEP-MEDEF Code);
- 6 women (i.e., a rate of 50% excluding Directors representing employees, in accordance with the provisions of AFEP-MEDEF Code);
- 6 different nationalities (British, Chinese, French, Italian, Ivorian and Turkish).
In addition,
- Appointment of Véronique Weill as Lead Independent Director
- is consulted on the agenda and schedule of Board meetings;
- may propose additional agenda items to the Chairman;
- liaises between the independent Directors, other Board members and Executive Management;
- prevents conflicts of interest;
- ensures compliance with the Board of Directors’ internal rules;
- participates in the process of assessing the Board of Directors;
- and represents the Board in its dealings with investors concerning environmental, social and governance (ESG) matters.
- Appointment of
Jean-Pierre Denis as Climate Change Lead
Following the recommendation of the Sustainability Committee, the Board of Directors decided during its meeting on
- Reconfiguration of the Board of Directors’ Committees
As from
- Audit Committee:
Tidjane Thiam 1, ChairJean-Pierre Denis Financière Pinault represented byHéloïse Temple-Boyer Daniela Riccardi 1Véronique Weill 1Serge Weinberg 1
67% of the members of the Audit Committee are independent according to the chosen independence criteria, none of the Executive Corporate Officers is a member of the Committee, and the Committee is chaired by an Independent Director, in accordance with the provisions of the AFEP-MEDEF Code.
- Remuneration Committee:
Véronique Weill 1, ChairJean-Pierre Denis Financière Pinault represented byHéloïse Temple-Boyer Claire Lacaze Tidjane Thiam 1Serge Weinberg 1
The Remuneration Committee is composed mainly of Independent Directors (60%2) and is chaired by an Independent Director, in accordance with the provisions of the AFEP-MEDEF Code.
- Appointments and Governance Committee:
Serge Weinberg , Chair1Concetta Battaglia Yonca Dervisoglu 1Financière Pinault represented byHéloïse Temple-Boyer Baudouin Prot Véronique Weill 1
- Sustainability Committee:
Emma Watson 1, ChairJean-Pierre Denis Yonca Dervisoglu 1- Jean-François Palus
François-Henri Pinault Daniela Riccardi 1Véronique Weill 1
57% of the members of the Sustainability Committee are independent and the Committee is chaired by an Independent Director.
About
A global Luxury group,
Contacts
Press
Emilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.com
Analysts/investors
Claire Roblet +33 (0)1 45 64 61 49 claire.roblet@kering.com
Julien Brosillon +33 (0)1 45 64 62 30 julien.brosillon@kering.com
1 Independent Director
2 Excluding Directors representing employees, in accordance with the provision of AFEP-MEDEF Code
Attachment
- Press Release Post AGM 29042022 EN
© OMX, source