"Private Company Board Compensation Survey. A community of people united by the same passion: breaking new ground in the fashion world and beyond. 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.A graduate of the Institute of Political Studies (IEP) in Paris and holder of a literature degree from the Sorbonne University, Vronique Weill began her career at Arthur Andersen Audit in Paris.From 1985 to 2006, she held various positions of responsibility within JP Morgan in Paris, London and New York, in particular as Head of European, then Global Head of Operations and Technology for asset management and private clients, then Global Head of Operations for Investment Banking and Shared Services.Back in France in 2006, she joined the AXA Group as Managing Director of AXA Business Services and Director of Operational Excellence; she became a member of the Management Committee in 2010 as Chief Operating Officer, then Group Chief Customer Officer in charge of customers, brand and digital of the AXA Group. In 2021, Kering had over 42,000 employees and revenue of 17.6 billion. We are looking for people with a passion for luxury, the drive to make a difference and the desire to shape the future of our business. Balenciaga - RegularNEW YORK - United States of America. Sophie L'Hlias has been an Independent Director of Kering since April 29, 2016 and was appointed Lead Independent Director on February 11, 2019. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Contacts Press Emilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.com Marie de Montreynaud +33 (0)1 45 64 62 53. Her term of office expires at the next Annual General Meeting. 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. Instagram: @kering_official By learning about the backgrounds of existing board members, you can extrapolate what the company is probably looking for in new ones. A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. According to Payscale, the board director salary ranges up to $167,500. She would bring to Kerings Board of Directors her expertise in the fields of new technologies, digital and marketing at the international level.A French national, Serge Weinberg is Chairman of Sanofis Board of Directors. The average board of director salary is about $61,042. In addition, the Committee reviews and assesses the remuneration policy for senior executives as well as the remuneration and benefits paid or deferred, granted to the members of the Executive Committee of the KERING Group. Interview Questions. +33 (0)1 45 64 65 64 Outside directors who hold certain board positions receive an additional annual retainer:$35,000 for the lead independent director; $25,000 for audit committee members and for compensation, nominating, and governance committee members; and $20,000 for strategic planning and finance committee chairs and for technology and eCommerce committee chairs. She is also a member of the Board of Directors of Valeo and of the Supervisory Board of Rothschild & Co. A Turkish national, Yonca Dervisoglu is Googles Vice President of Marketing for Europe, Middle East and Africa. The offers that appear in this table are from partnerships from which Investopedia receives compensation. More . The average board of director salary is about $61,042. A French national, Serge Weinberg is Chairman of Sanofis Board of Directors. Twice a year, it presents an update on the implementation strategy, proposes new programs as well as initiatives to enhance the impact of the Foundation to the Board of Directors. Unlisted Public Companies reported remuneration of between $17051 and $120,778 for Deputy Chairs. 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. Why Investors Should Look at the Proxy Statement, Disney Names New Chair, Eases Park Rules Amid Proxy Battle. Compensation for board members can easily reach $300,000 to $500,000 a year, according to Veritas, an executive compensation consulting service. 17 June 2020. Average : 6,90,000 Range : 1,36,400 - 20,00,000 How much does a Director make? Salary Range - California For individuals assigned and/or hired to work in California, GUCCI includes a reasonable estimate of the salary or hourly rate range for this role. 2022 ANNUAL GENERAL MEETING: APPROVAL OF ALL RESOLUTIONS AND. $198,051 / yr. Director salaries - 1 salaries reported. Business Based on 15 salaries Business Analyst 3 salaries CRM Analyst 2 salaries View More Finance & Accounting Based on 14 salaries YouTube: KeringGroup, 2020 remuneration for the Kering leadership team, Kering partners with Black In Corporate for second mentorship program, Gucci, supported by Kering, invests in first Circular Hub to power a "Circular Made in Italy", Dual-tranche bond issue for a total amount of 1.5 billion euros, Very solid 2022 performances, mixed fourth quarter, Kering and its Houses come together in donation to support people affected by the Trkiye-Syria earthquake, Raffaella Cornaggia appointed Chief Executive Officer of Kering Beaut. 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. Franois-Henri Pinault Chairman & CEO of Kering, Chairman of the Kering Foundation Francesca Bellettini President & CEO of Saint-Laurent Sabina Belli CEO of Pomellato Group Laurent Claquin Eight Directors: Mrs. Emma Watson (independent Director) - Chairwoman, Mr. Franois-Henri Pinault, Mr. Jean-Franois Palus, Mr. Jean-Pierre Denis, Mrs. Daniela Riccardi (independent Director), Mrs. Vronique Weill (independent Director), Mrs. Yonca Dervisoglu (independent Director) and Mrs. Concetta Battaglia (Director representing employees). When expanded it provides a list of search options that will switch the search inputs to match the current selection. Come join us to craft tomorrow's Luxury 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). She is a fellow of the Marketing Society. Replacing Sophie L'Hlias in the role of Lead Independent Director, whose duties are provided for and described in the Board of Directors' internal rules. In 2021, Kering had over 42,000 employees and revenue of 17.6 billion. "2020 Proxy Statement," Page 12. She would bring to Kerings Board of Directors her expertise in the fields of new technologies, digital and marketing at the international level. Kering, along with chief rival LVMH, committed to producing face masks and other healthcare essentials as supplies ran critically low worldwide. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. You can learn more about the standards we follow in producing accurate, unbiased content in our. .css-1n2lc0v-StyledIntlLink{-webkit-text-decoration:none;text-decoration:none;color:black;cursor:pointer;}.css-1n2lc0v-StyledIntlLink:hover{color:#3A2DA6;}Accessibility, Visit the Kering group site www.kering.com. Select your job title and find out how much you could make at Kering. The board of directors will submit a revised remuneration policy for 2020 at the next annual meeting. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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 We capture these beliefs in our signature: Empowering Imagination. The Boston Globe reports that the average time commitment to serve on a board is fewer than five hours per week. Copy link. 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. In 2019, Kering had over 38,000 employees and revenue of 15.9 billion. Six Directors: Mr Serge Weinberg (independent Director) - Chairman, the Financire Pinault company represented by Mrs. Hlose Temple-Boyer, Mrs. Vronique Weill (independent Director), Mr. Baudouin Prot, Mrs. Concetta Battaglia (Director representing employees) and Mrs. Yonca Dervisoglu (independent Director). 27,337 / yr. Cost analysis for all AMQ stores, reporting this back to the AMQ & Kering Board. Name. PressEmilie Gargatte+33 (0)1 45 64 61 20emilie.gargatte@kering.comMarie de Montreynaud+33 (0)1 45 64 62 53marie.demontreynaud@kering.com, Analysts/investorsClaire Roblet +33 (0)1 45 64 61 49claire.roblet@kering.comLaura Levy +33 (0)1 45 64 60 45laura.levy@kering.comJulien Brosillon +33 (0)1 45 64 62 30julien.brosillon@kering.com, Press release - Changes in the membership of the Board of Directors of Kering - 04032022. In 2019, Kering had over 38,000 employees and revenue of 15.9 billion. KERING'S BOARD OF DIRECTORS. Salary: Hidden . Non-Executive Director Remuneration 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. Extract of the 2021 Universal Registration Document Franois-Henri Pinault Chairman and Chief Executive Officer See more Jean-Franois Palus Group Managing Director See more Francesca Bellettini Together, well create the real fabric of Gucci. Total Compensation. Reviews and makes proposals to the Board of Directors on all items and terms of remuneration of the Chairman and Chief Executive Officer and of the Group Managing Director, and the method for dividing the directors fees allocated by the Annual General Meeting to the Board of Directors. Prior to Google, Yonca held senior marketing positions at Unilever and Yahoo! She currently sits on the Board of AccelerateHer of the Founders Forum. Average compensation in 2018 at those firms was $304,856, according to Reuters. As a point of clarification, a salary is paid to employees. For individuals assigned and/or hired to work in California, GUCCI includes a reasonable estimate of the salary or hourly rate range for this role. The Audit Committee also considers potential Statutory Auditors for appointment. Explore our job opportunities and join the worlds most influential luxury Group. As Covid-19 became a more serious threat in the United States, Pinault and company pivoted their resources. He was appointed Chairman of Sanofis Board of Directors in 2010. After 12 years working in the areas of development and international solidarity, Matthieu Arrault joined the Kering Foundation in 2017. Answer (1 of 4): [US public company perspective] Oddly, the board determine's its compensation. 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. At its meeting on March 4, 2022, Kerings Board of Directors, in coordination with the Appointments and Governance Committee, approved the following changes in its membership: Due to her recent appointment to chair the Board of Directors of another group, Sophie L'Hlias submitted her resignation from her position as Director to the Chairman of Kerings Board of Directors. 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. Clark T. Randt. It provides its opinions and recommendations in these matters to the Board. CHANGES IN THE MEMBERSHIP OF. A reasonable estimate of the current base salary range is $41,600 USD to $52,000 USD. Apples non-employee directors each receive approximately $250,000 worth of restricted stock units per year, which are granted at the annual shareholder meeting and vest on Feb. 1 of the following year. Share. Serge Weinberg holds a Bachelors degree in Law, a Graduate Degree of Institut dtudes Politiques in Paris and is a Graduate of ENA (Ecole Nationale dAdministration). Examines proposals for appointments to the Board of Directors before they are presented to the Annual General Meeting for approval or to the Board of Directors in the event of a vacancy. It meets regularly with the grantees to assess and monitor the programs and engages employees to volunteer their skills to benefit its partners. Emilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.com, Marie de Montreynaud +33 (0)1 45 64 62 53 marie.demontreynaud@kering.com, Claire Roblet +33 (0)1 45 64 61 49 claire.roblet@kering.com, Laura Levy +33 (0)1 45 64 60 45 laura.levy@kering.com, Julien Brosillon +33 (0)1 45 64 62 30 julien.brosillon@kering.com, Changes in the membership of Kering's Board of Directors. 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. Complement your online networking with face-to-face connections at events, conferences, and social gatherings, he says. 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