The people at Kering share values, imagination and a passion to make Kering the most influential pure Luxury player in terms of creativity, sustainability and economic performance. A community of people united by the same passion: breaking new ground in the fashion world and beyond, GUCCI Lead Team Coordinator - Valley Fair, BALENCIAGA Associate Store Director | Aventura Mall. Burton was made Head of Design for womenswear in 2000 and was appointed Creative Director in 2010. 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.. 2022 ANNUAL GENERAL MEETING: APPROVAL OF ALL RESOLUTIONS AND. Composition: We believe our employees are the bedrock of all our achievements. et up to 61% off Robb Report, plus a free tote bag. Obviously, if there is a crisis or a strategic issuefor example, an acquisitionthe number of hours for a director can dramatically increase, Rogers says. Gucci, one of its labels, independently vowed to donate 1 million face masks and 55,000 medical overalls to frontline workers in Italy, one of the worlds hardest-hit nations, over the course of several weeks. 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. Kering initially made a donation of $1 million in January. Average compensation in 2018 at those firms was $304,856, according to Reuters. 15 salaries (for 14 job titles) Updated 15/10/2022. 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. Matthieu particularly focuses on fostering the impact of the Foundation support to put an end to violence against women. Key Accountabilities Operations 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. Composition: 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. 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. He was a Board Member of Sentarom SA, Switzerland, the holding company of the Firmenich group of companies, from 2004 until 2015, serving as its Chairman from 2009 until 2015. Discover Salaries. Not surprisingly, the most lucrative seats go to directors at S&P 500 companies. Emilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.com Looking at Board of Directors Compensation: What Do Board Members Do to Earn Large Salaries? actionnaire@kering.com. Its members include current board members, aspiring board members, and corporations looking to hire board members. Franois-Henri Pinault, Chairman and CEO of Kering, declared: "On my own behalf and on behalf of the Board of Directors, I sincerely thank Yseulys Costes for her involvement and decisive role in the Board over the past twelve years, in particular as Chair of the Remuneration Committee and member of the Audit and the Appointments and Governance Committees. A non-executive director is a member of a company's board of directors who is not part of the executive team. This considers the wide range of factors that are considered in making compensation decisions; including but not limited to business or organizational needs, skill sets . Job Description. April 29, 2022. Twitter: @KeringGroup Chairpeople, board of directors make $138,683 per year on average, or $66.67 per hour, in the United States. Hornbaker says pay depends on the complexity of the company, whether it's public or private, the number of meetings it entails, and the amount of responsibility involved. 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. She joined Google in 2006 and manages teams across 35 countries, working on all products. 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. 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. Serge Weinberg held different positions as a sous-prfet from 1976 to 1981 and became Chief of Staff of the French Budget Minister, Laurent Fabius, in 1981. 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. We give our employees the tools to flourish and bring our bold vision to life. 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. They range from recent retirees and people nearing retirement to younger people who've experienced early successes in business. The more qualifications you can bring to the table, the better. The average Board Of Director salary in Waring, Texas is $65,981 as of June 28, 2022, but the salary range typically falls between $50,860 and $81,494. The average salary for a board of directors member is $78,336 per year. .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. Catherine J. Paglia. 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. 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. Unlisted Public Companies reported remuneration of between $17051 and $120,778 for Deputy Chairs. 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). CEO Pay. 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. According to Payscale, the board director salary ranges up to $167,500. . You will perform with high integrity in operations, loss . 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. If you are a current or future Kering shareholder, you will find information of specific interest to you in the Letter to shareholders. Careers. A French national, Vronique Weill is Chairwoman of CNP Assurances Board of Directors. Salary Calculator. Job Title. These descriptions are fairly generic. Liaise with HQ to plan integrated 360 PR strategies and ensure execution while respecting budget allocated. The average Board Of Director salary in Boring, Oregon is $71,146 as of August 29, 2022, but the salary range typically falls between $54,841 and $87,872. Kering, like other companies in the luxury sector, has taken several heavy financial hits as the novel coronavirus halted international travel and forced the closure of its stores. Definition, What's In It, and Voting, Non-Executive Director Role and Responsibilities Defined, Fiduciary Definition: Examples and Why They Are Important, Private Company Board Compensation Survey. Each year it reviews the fees charged by the Companys Statutory Auditors and assesses their independence. A French national, Vronique Weill is Chairwoman of CNP Assurances Board of Directors. Laura Levy +33 (0)1 45 64 60 45 laura.levy@kering.com, www.kering.com 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. As a Gucci Store Director, you will lead and support all activities to achieve store business objectives, demonstrating an unsurpassed service culture. Business Based on 15 salaries Business Analyst 3 salaries CRM Analyst 2 salaries View More Finance & Accounting Based on 14 salaries Regular Sales_Omni_Channel North America - United States of America - AVENTURA, Regular Sales_Omni_Channel North America - United States of America - SANTA CLARA, Regular Sales_Omni_Channel North America - United States of America - AUSTIN, Regular Sales_Omni_Channel North America - United States of America - WAILEA, If you are a Dream-maker, this is the place for you. Share page. Your strategy to get noticed and be considered for board membership should be similar to the strategy it takes to secure any high-level position. For example, audit committees have regular meetings before public filings, she says. In 2021, Kering had over 42,000 employees and revenue of 17.6 billion. Like this article? The average Board Of Director salary in Illinois is $71,533 as of December 27, 2022, but the range typically falls between $55,142 and $88,341. Walter Hester is Former CEO/Owner/Founder at Maui Jim Inc. See Walter Hester's compensation, career history, education, & memberships. Yonca Dervisoglu, Vronique Weill and Serge. 28,000 / yr. She is a fellow of the Marketing Society. For online networking, Mark Rogers, CEO of BoardProspects.com, recommends his site, a board-recruitment network akin to LinkedIn. Board members in general, by the way, participated in an average of 7.9 meetings, in person or remotely, during the year. Antoine Firmenich joined the Board of Firmenich in 2009. She leads efforts to raise awareness externally and internally on violence against women and the Kering Foundations partners. 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. More often than not, directors are not employed by the company. The Board of Directors defines the Groups strategies and sees that they are implemented. This amount can vary depending on factors like the size of the organization and its industry. 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. Come join us to craft tomorrow's Luxury Investopedia does not include all offers available in the marketplace. The campaign likely impacted the label's fourth quarter sales . Serge Weinberg held different positions as a , Serge Weinberg holds the rank of Commander in the , Emilie Gargatte +33 (0)1 45 64 61 20, Marie de Montreynaud +33 (0)1 45 64 62 53, Claire Roblet +33 (0)1 45 64 61 49, Laura Levy +33 (0)1 45 64 60 45, Julien Brosillon +33 (0)1 45 64 62 30, 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. Other. The average board of director salary is about $61,042. Top companies for Board of Directorses in India rvm foundation 2.5 6 reviews 6 salaries reported 61,286per month Is this useful? Some companies also offer profit-sharing of about $12,500, on average. 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. 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. She co-founded Google Arts and Culture, and Grow with Google. A corporation is a separate legal entity from its owners. A community of people united by the same passion: breaking new ground in the fashion world and beyond. By learning about the backgrounds of existing board members, you can extrapolate what the company is probably looking for in new ones. Instagram: @kering_official The median compensation for members of private company boards of directors was $44,850 in 2021, according to a global study by Lodestone Global. As an outside director, you could bring a fresh perspective to a corporate board and leverage your years of experience as an executive into a satisfying new project that still leaves you with enough time to do your day job or enjoy your retirement. 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. A member of Kering's 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,. It provides its opinions and recommendations in these matters to the Board. Six Directors: Vronique Weill (independent Director) - Chairwoman, the Financire Pinault company represented by Mrs. Hlose Temple-Boyer, Mr. Jean-Pierre Denis, Mr. Tidjane Thiam (independent Director), Mr. Vincent Schaal (Director representing employees) and Mr. Serge Weinberg (independent Director). Under Kerings polished umbrella, he effectively owns and operates a stable of revered brands, including industry heavyweights Gucci, Bottega Veneta, Balenciaga and Saint Laurent. The average board of director salary is about $61,042. The luxury brand was founded by Lee . 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. Top companies for Board of Directorses in United States USAA 3.8 4,132 reviews 7 salaries reported $279,000per year State of Arkansas 3.5 246 reviews 5 salaries reported $46,469per year The CEO of luxury group Kering is taking a pay cut as the Covid-19 pandemic rages on. PARIS Kering has appointed Serge Weinberg, Vronique Weill and Yonca Dervisoglu as independent directors of its board. Serge Weinberg holds the rank of Commander in the Lgion dhonneur (French Legion of Honor). After 12 years working in the areas of development and international solidarity, Matthieu Arrault joined the Kering Foundation in 2017. 63,242 / yr. Assistant Financial Controller salaries - 2 salaries reported. Total Cash. Download, Kering articles of association as of 12December2022 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. From 1982 to 1987, he held different management positions at the French Television Channel France 3 and Havas Tourisme Group. 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. 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. 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. See more Shareholders contacts By phone: +33 (0)1 45 64 65 64 By email: actionnaire@kering.com 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. Six Directors: Mr. Tidjane Thiam (independent Director) - Chairman, Mr. Jean-Pierre Denis, the Financire Pinault company represented by Mrs. Hlose Temple-Boyer, Mr. Serge Weinberg (independent Director), Mrs. Vronique Weill (independent Director) and Mrs. Daniela Riccardi (independent Director). But the philanthropy continued as the number of confirmed cases swelled. CEO Pay Ratio. Hornbaker suggests giving your resume to search firms youve dealt with in the past and letting them know you're interested in obtaining a board position. Serge Weinberg is also a member of the Board of the AFEP and one of the founders of the Institute for Brain and Spinal Cord Disorders (ICM) and Tlmaque. Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Walmart's current board members include Cesar Conde, 47, chair of NBCUniversal, and Marissa Mayer, 46, who is well-known for the high positions she achieved at Google and Yahoo. Cline Bonnaire has worked in non-profit and philanthropy for the past thirteen years. Governance defines how a company is organized, managed, and monitored. Get the Robb Report newsletter for similar stories delivered straight to your inbox. Formal board meetings where all the directors are present typically occur four to six times per year, depending on the company. A proxy statement is a document the SEC requires companies to provide shareholders that includes information needed to make decisions at shareholder meetings. ", Boston Globe. She currently sits on the Board of AccelerateHer of the Founders Forum. The main governing bodies are the Board of Directors, which determines strategic priorities, and the Executive Committee, which implements the Groups strategy. Possible Range. KERING'S BOARD OF DIRECTORS. The offers that appear in this table are from partnerships from which Investopedia receives compensation. As a point of clarification, a salary is paid to employees. The Kering Code of ethics was presented to and reviewed by the Kering Board of Directors before being circulated to all employees in the Group. Previously, she served on the Supervisory Board of Heineken,Supervisory Board of Mavi, and Digital Advisory Board of the Natural History Museum in London. In December, Balenciaga's creative director and chief executive officer both apologized for the now-infamous advertising campaign.. 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. Investopedia requires writers to use primary sources to support their work. Here are a couple of examples of what Fortune 500 companies pay their board members. Kering and its houses collectively donated $1 million to the CDC Foundation as it makes strides to study, prevent and treat the illness which had claimed nearly 100,000 lives around the world at the time of publication. U.S. company directors compensated more than ever, but now risk backlash, Few Hours, Soaring Pay for Corporate Board Members. Formal board meetings where all the directors are present typically occur four to times... To the board of Directorses in India rvm Foundation 2.5 6 reviews 6 salaries reported by the passion... To achieve Store business objectives, demonstrating an unsurpassed service culture ( French Legion of )... The same passion: breaking new ground in the areas of development international! Recommendations in these matters to the strategy it takes to secure any high-level position salaries! Table, the board of directors defines the Groups strategies and sees that are. 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