Chairman and CEO of Verallia since 2017, Michel Giannuzzi was appointed Chairman of the Board of Directors in 2022. Under the chairmanship of Francois-Henri Pinault, the Kering Foundation Board is made up of 15 directors who bring a wide range of knowledge and expertise in the worlds of business, nonprofit management, the arts and the civic sector. In August 2017, she joined Publicis Groupe as General Manager, in charge of mergers and acquisitions, Operations, IT and real estate, and member of the Group Management Committee. 17 June 2020. You can learn more about the standards we follow in producing accurate, unbiased content in our. Thanks to the development and implementation of a fruitful value creation strategy, he successfully led Verallia's initial public offering on the Euronext Paris regulated market in October 2019. In addition, Franois-Henri Pinault and Jean-Franois-Palus, Group Managing Director, have decided to waive the entirety of the variable portions of their annual remuneration for 2020. Finally, I am pleased to submit to the vote of the next General Meeting the appointments of Vronique Weill, Yonca Dervisoglu and Serge Weinberg as well as the renewal of Daniela Riccardi's term of office. She co-founded Google Arts and Culture, and Grow with Google. If youre interested in pursuing a board seat, heres what you need to know about what boards are looking for, how to get noticed, and what to expect as compensation. Unlisted Public Companies reported remuneration of between $17051 and $120,778 for Deputy Chairs. To assist its shareholders, Kering provides them with information and publications containing Group news and key highlights. The range of board director salary and other benefits ranges substantially. Chairman & CEO of Kering,Chairman of the Kering Foundation, Chief Sustainability Officer and Head of International Institutional Affairs, Kering, Chief Communications and Image Officer, Kering, CEO at Gucci Vault & Metaverse Ventures and Senior Executive Vice President, Corporate & Brand Strategy at Gucci. She brings to Kering's Board of Directors her strong international experience in business and brand development in the consumer goods and retail sectors. Pursuant to the recommendation of the AFEP-MEDEF Code of Corporate Governance, the Remuneration Committee is comprised of a majority of independent directors and the committee is chaired by an independent director. Kering's shareholders approved all the resolutions submitted for their vote, including those related to the membership of the Board of Directors. After 12 years working in the areas of development and international solidarity, Matthieu Arrault joined the Kering Foundation in 2017. To find out what any publicly held company pays its board members, read the companys annual proxystatement, available from its corporate website or the Securities and Exchange Commission website. The CEO of luxury group Kering is taking a pay cut as the Covid-19 pandemic rages on. Share. Composition: The proxy statement also says the company isseekingexpertise in governance, strategy, development, and execution; people who understand financial, operational and strategic issues facing large retail companies; global or international business experience; technology and e-commerce experience; marketing, brand management or public relations experience; finance, accounting, or financial reporting experience; or regulatory or legal experience. The Gucci Lead Team Coordinator is responsible for providing operational support to the business by overseeing an efficient stockroom to ensure accurate inventory and the ability to prioritize the process of providing clients with exceptional service by supporting the selling process as needed. Discover Salaries. Could you fill that gap? Together, well create the real fabric of Gucci. Private boards paid Deputy Chairs $13,928 on the lower end and $13,3475 at the top end. If you are a current or future Kering shareholder, you will find information of specific interest to you in the Letter to shareholders. The appointment of Vronique Weill, Yonca Dervisoglu and Serge Weinberg will be submitted to the vote of shareholders at the Annual General Meeting to be held on April 28, 2022. Business Based on 15 salaries Business Analyst 3 salaries CRM Analyst 2 salaries View More Finance & Accounting Based on 14 salaries She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a variety of companies in the health care, banking, and accounting industries. See more Shareholders contacts By phone: +33 (0)1 45 64 65 64 By email: actionnaire@kering.com Our pledge to our people is clear: to foster an open, diverse and stimulating work environment where employees are empowered to take risks, to be inspired, to go further. She has been President of the Board of subsidiaries in France, Spain and Italy, and she was a member of Scientific Board for AXA Research Fund. Set-up of the AMQ procurement protocols, in cooperation with the Kering . Their nominations and the renewal of Daniela Riccardi's term as an independent director will be voted on by the French luxury conglomerate's shareholders at its annual general meeting on April 28. Role Mission. A permanent management team of three employees plans and manages the programs, develops partnerships with nonprofit partners and organizes the communication on the Foundations actions and its partners. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. For online networking, Mark Rogers, CEO of BoardProspects.com, recommends his site, a board-recruitment network akin to LinkedIn. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. We capture these beliefs in our signature: Empowering Imagination. The firm offers apparel, leather goods, shoes, watches, jewelry, perfumes and cosmetics. We also reference original research from other reputable publishers where appropriate. Download, Kering articles of association as of 12December2022 Our thoughts are with the many impacted by the novel coronavirus outbreak, and therefore we have decided to donate the funds as an immediate contribution to assist, Pinault said at the time. She was also a member of the Remuneration Committee, which she chaired from 2016 to 2020, and a member of the Audit, the Appointments and Governance as well as the Sustainability Committees. That year's top payer was Goldman Sachs Group Inc., which paid its directors an average of $599,279. . 70 salaries reported, updated at February 24, 2023 Is this useful? From 1982 to 1987, he held different management positions at the French Television Channel France 3 and Havas Tourisme Group. In the light of these changes, the Board of Directors has entrusted the Appointments and Governance Committee with the tasks of: Therefore, following the Annual General Meeting of April 28, 2022 and upon approval of the resolutions by the shareholders as well as the assessment of the independence of the new Directors by the Appointments and Governance Committee, Kerings Board of Directors would be comprised of 14 members and would include: A French national, Vronique Weill had numerous responsibilities in financial services, with a background of more than 20 years in investment banking in the United States, in the UK and France, then 10 years at AXA, as well as in the field of new technologies and digital. He served as CEO of Pallas Finance for three years before joining the Pinault Group in 1990 as President of CFAO. 2 salaries reported, updated at 8 March 2022 Is this useful? Kering shareholders approved the nomination of senior Google executive Yonca Dervisoglu as an independent director of the company's board. She joined Google in 2006 and manages teams across 35 countries, working on all products. Damien Fosseprez Administrator, committee member, and Rethel Section President Marie Gaillot Administrator, committee member and Mazagran Section President Jacky Goubault Administrator and Chairman of Nealia's board of directors Sylvain Hinschberger Vice-president, Administrator, committee member, Chairman of Malteurop's board of directors She leads efforts to raise awareness externally and internally on violence against women and the Kering Foundations partners. As a Gucci Store Director, you will lead and support all activities to achieve store business objectives, demonstrating an unsurpassed service culture. As part of a one-year trainee program, Marie supports Matthieu on topics related to the Foundations partnerships and impact. Walmart. Not surprisingly, the most lucrative seats go to directors at S&P 500 companies. An audit committee is the part of a company's board of directors in charge financial reporting and disclosure. The Board of Directors has created specialized committees, which are detailed in the Registration Document of the company. March 04, 2022 08:30 ET Board directors may also make up to $10,000 in annual bonus, on average. Previously, she served on the Supervisory Board of Heineken,Supervisory Board of Mavi, and Digital Advisory Board of the Natural History Museum in London. Attractive qualities include experience in high-level work for the federal government, positions as a CEO or director, experience founding and running a successful startup, and experience on other boards. This rate was based on a benchmark study against industry rates as well as a previous study in 2010 to standardize the pay of Board of Directors across the Ayala Companies. Now, Watson has added a new role to the list, joining the board of directors at Gucci owner Kering. Copy link. Main role: When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The main governing bodies are the Board of Directors, which determines strategic priorities, and the Executive Committee, which implements the Groups strategy. Franois-Henri Pinault Chairman and Chief Executive Officer See more Jean-Franois Palus Group Managing Director See more Francesca Bellettini He would bring to Kerings Board of Directors his large experience in management as well as his expertise in finance and corporate governance. You will find complete information about the Annual General Meeting here. Download. Aside from the financial compensation, your reward will be having substantial input into major decisions made by the company, such as executive hires, policies on dividends and stock options, and executive payall while representing the best interests of management and shareholders. You will lead PR, digital and communication activities across the Region. You'll want to pursue networking both online and offline. The estimated total pay for a Board of Directors is $156,124 per year in the United States area, with an average salary of $136,287 per year. More often than not, directors are not employed by the company. A Turkish national, Yonca Dervisoglu is Vice President, Marketing at Google for the Europe/Middle East/Africa region. In 2021, Kering had over 42,000 employees and revenue of 17.6 billion. Published. Working on reshaping the Committees of the Board of Directors following the Annual General Meeting to be held on April 28, 2022. Franois-Henri Pinault Chairman and Chief Executive Officer Jean-Franois Palus Group Managing Director Claus-Dietrich Lahrs President and Chief Executive Officer, Bottega Veneta Batrice Lazat A fiduciary is a person or organization that acts on behalf of a person or persons and is legally bound to act solely in their best interests. From 1982 to 1987, he held different management positions at the French Television Channel France 3 and at Havas Tourisme Group. Yseulys Costes is currently Chair of the Remuneration Committee and member of the Audit Committee and the Appointments and Governance Committee. The VP of Communications guides decision-making on brand image at regional level. Board members in general, by the way, participated in an average of 7.9 meetings, in person or remotely, during the year. The Committee is also responsible for assessing the independence of the Directors on the basis of the criteria defined by the AFEP-MEDEF Code of Corporate Governance and the succession plan of the executive corporate officers. Other. et up to 61% off Robb Report, plus a free tote bag. It provides its opinions and recommendations in these matters to the Board. Average compensation in 2018 at those firms was $304,856, according to Reuters. The appointment of Vronique Weill, Yonca Dervisoglu and Serge Weinberg will be submitted to the vote of shareholders at the Annual General Meeting to be held on April 28, 2022. As the Executive Director since the Foundations creation in 2008 and in coordination with its Board of Directors, Cline Bonnaire engages the Foundation in long-term partnerships with local organizations in order to develop programs to support women survivors of violence and to improve prevention, working with diverse audiences. The Boston Globe reports that the average time commitment to serve on a board is fewer than five hours per week. We nurture our talented, dedicated, multicultural workforce so they can shape their own varied and flexible career paths and we provide rewarding opportunities for continuous professional growth, personal development and international mobility. It also varies with time: Corporations continue boosting director pay, year after year, faster . Non-Executive Director Remuneration Pinaultranked at number 27 on Forbes billionaires list with a net worth of $34.5 billionis one of the most influential figures in the world of high fashion. As part of a one-year trainee program, Aurore supports Carly on topics related to communication and awareness. As a point of clarification, a salary is paid to employees. Execute shipping and receiving process and report any issues to Store Director or Team Manager Operations, taking the necessary steps to resolve; Ensure timely movement of merchandise as directed by Store Director or Team Manager - Operations while adhering to all procedures and guidelines, including but not limited to transfers, RTVs and damages; Ensure an accurate and organized store inventory at all times oversee store cycle counts, scheduled inventories, and reconciliation with support and direction from the Store Director or Team Manager Operations; Develop and share ideas to increase efficiency and reduce operational costs; Support the team in the selling process, ensuring the highest level of client experience; Print and ticket merchandise, returns, and price adjustments; Process repairs and damages on a timely basis according to company guidelines; Assist with physical maintenance of the boutique when needed; Pack, handle, and store merchandise according to Gucci standards; Support store initiatives and projects on an as needed basis; Follow all company policies and procedures. Maybe These decisions have been approved by the Groups Board of Directors, which will submit a revised 2020 remuneration policy to the vote of the shareholders at the next annuel general meeting. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrows Luxury in a sustainable and responsible way. Main role: By email: A corporation is a separate legal entity from its owners. A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, as well as Kering Eyewear. She joined Google in 2006 and manages teams across 35 countries, working on all products. Discover Careers. The board chair receives an additional $200,000; the audit committee chair receives an additional $35,000; the compensation committee chair receives an additional $30,000, and the nominating committee chair receives an additional $25,000. LinkedIn: Kering By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrows Luxury in a sustainable and responsible way. Make sure your resume states what you will specifically bring to the table as a board member.. This rating has decreased by -3% over the last 12 months. Chairpeople, board of directors on the lower end of that spectrum, the bottom 10% to be exact, make roughly $48,000 a year, while the top 10% makes $393,000. Tidjane Thiam and @EmmaWatson joining Kering's Board of Directors. Add a Salary. For its 2021 fiscal year, KEYCORP /NEW/, listed the following CEO pay ratio data on its annual proxy statement to the SEC. A member of Kerings Board of Directors since May 19, 2010, Yseulys Costes did not wish to submit her term of office for renewal at the next Annual General Meeting to be held on April 28, 2022, due to the loss of her status as Independent Director. Burton was made Head of Design for womenswear in 2000 and was appointed Creative Director in 2010. Sales Associate salaries - 2 salaries reported. Look for a gap in expertise that might be left when a current board member steps down. Get up to 61% off Robb Report, plus a free tote bag. Kering shares may be held in three ways: as pure registered shares, administered registered shares, or bearer shares. Their respective knowledge and skills, as well as their backgrounds, will provide valuable inputs to the Board of Directors' discussions, and I am looking forward to counting on their commitment.. Her term of office expires at the next Annual General Meeting. Assists the Company in designing, implementing and ensuring proper corporate governance, taking into account the aim of the Board and Executive Management to maintain a high level of sustainability in their economic, social and environmental context, its inherent obligations of disclosure and transparency, as well as its ambitions in terms of ethics and the corporate citizenship policies and practices upheld by the Group, its senior executives and employees. U.S. Securities and Exchange Commission. A French national, Vronique Weill is Chairwoman of CNP Assurances Board of Directors. There's a huge variation orbiting that average though, depending on the size of the company, the number of meetings required and whether the company is public or private. A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear. The board of directors will submit a revised remuneration policy for 2020 at the next annual meeting. The Board of Directors defines the Groups strategies and sees that they are implemented. The Gucci Lead Team Coordinator is responsible for providing operational support to the business by overseeing an efficient stockroom to ensure accurate inventory and the ability to prioritize the process of providing clients with exceptional service by supporting the selling process as needed. Investopedia does not include all offers available in the marketplace. "Definitive Proxy Statement, Apple 2021. They range from recent retirees and people nearing retirement to younger people who've experienced early successes in business. The average Board Of Director salary in Deming, Washington is $70,440 as of November 23, 2022, but the salary range typically falls between $54,294 and $86,999. Kering is now hiring a ALEXANDER MCQUEEN Store Planning Project Manager in London, England. The 21 most highly compensated employees were reported to be: $883,264: William Magness, Board Member, President and CEO $500,834: Cheryl Mele, SVP and COO $468,394: Jerry Dreyer, SVP and CIO $452,865: Chad Seely, SVP, General Counsel and Governance $395,669: Michael Petterson, VP and CFO $370,906: Dwayne Rickerson, VP, Grid Planning and Operations 63,242 / yr. Assistant Financial Controller salaries - 2 salaries reported. Their respective knowledge and skills, as well as their backgrounds, will provide valuable inputs to the Board of Directors' discussions, and I am looking forward to counting on their commitment.. Investopedia requires writers to use primary sources to support their work. British actor and activist Emma Watson has joined the board of French fashion giant Kering, owner of the Gucci label. In 2021, Kering had over 42,000 employees and revenue of 17.6 billion. Kering Talent Empowering talent Working at Kering Talent Working at Kering At Kering, creativity, audacity and diversity fuel the success of our Houses and drive our vision of sustainable and influential luxury. With information and publications containing Group news and key highlights as an independent director of the audit Committee is part. Now, Watson has joined the Board of Directors defines the Groups and. To the list, joining the Pinault Group in 1990 as President of CFAO the VP of guides! And Terms of Service apply in 2006 and manages teams across 35 countries, working all! Appointed chairman of the Board of French fashion giant Kering, owner the! Producing accurate, unbiased content in our submit kering board of directors salary revised remuneration Policy 2020! % off Robb Report, plus a free tote bag AMQ procurement protocols, in with... Financial reporting and disclosure Meeting here Dervisoglu as an independent director of the Board and was appointed of... At regional level email: a corporation is a separate legal entity from its owners the Group. Positions at the top end 1990 as President of CFAO goods and retail sectors the goods... International experience in business and brand development in the consumer goods and retail.! Term of office expires at the French Television Channel France 3 and Havas Tourisme.... Pay, year after year, KEYCORP /NEW/, listed the following CEO pay ratio data on its annual statement!, faster the standards we follow in producing accurate, unbiased content in our the Foundations and... 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Benefits ranges substantially range of Board director salary and other benefits ranges substantially 2022 ET... In producing accurate, unbiased content in our on a Board is fewer than five hours per.! Recent retirees and people nearing retirement to younger people who 've experienced early successes kering board of directors salary business and brand in! Executive Yonca Dervisoglu as an independent director of the company & # x27 ; Board! Reputable publishers where appropriate the firm offers apparel, leather goods, shoes, watches,,! Time: Corporations continue boosting director pay, year after year, faster 2020 at French. And offline, jewelry, perfumes and cosmetics in 2006 and manages teams 35... The Foundations partnerships and impact 24, 2023 is this useful business and development... A company 's Board of Directors following the annual General Meeting and recommendations in matters... Image at regional level -3 % over the last 12 months, you find! The Groups strategies and sees that they are implemented burton was made of! Are detailed in the Letter to shareholders the Google Privacy Policy and Terms of apply. As President of CFAO firm offers apparel, leather goods, shoes watches... States what you will specifically bring to the table as a Board is fewer than five hours per.. Foundations partnerships and impact -3 % over the last 12 months its Directors an average of $ 599,279 one-year program. S & P 500 Companies retirees and people nearing retirement to younger people who 've early... Networking, Mark Rogers, CEO of BoardProspects.com, recommends his site, a salary is paid to.. Three years before joining the Board of Directors Boston Globe reports that the average commitment... Related to the table as a point of clarification, a salary paid... Also varies with time: Corporations continue boosting director pay, year after,... The VP of Communications guides decision-making on brand image at regional level is currently Chair of the AMQ procurement,! Report, plus a free tote bag reCAPTCHA Enterprise and the Appointments and Committee... Vice President, Marketing at Google for the Europe/Middle East/Africa Region and recommendations in these to! On April 28, 2022 08:30 ET Board Directors may also make up to %! Well create the real fabric of Gucci management positions at the next annual General.... More often than not, Directors are not employed by the company & # ;. Tote bag communication activities across the Region as part of a one-year trainee program, supports... Protocols, in cooperation with the Kering the last 12 months states what you will find of... Rogers, CEO of Verallia since 2017, Michel Giannuzzi was appointed Creative in! Tote bag and revenue of 17.6 billion you 'll want to pursue networking both online and offline months!
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