.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. 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). The average board of director salary is about $61,042. 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.. A proxy statement is a document the SEC requires companies to provide shareholders that includes information needed to make decisions at shareholder meetings. et up to 61% off Robb Report, plus a free tote bag. 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 Board meets twice a year to assess the 5-year strategic direction, validate grant-making over 70,000 per year and ensure proper governance. For its 2021 fiscal year, KEYCORP /NEW/, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. Bean to Bottega Veneta, The 10 Best Winter Scarves to Add a Dose of Personality to Your Wardrobe, The 10 Best Winter Gloves to Keep Your Hands Warm and Looking Sharp. Cost analysis for all AMQ stores, reporting this back to the AMQ & Kering Board. Salary. "Private Company Board Compensation Survey. How much does a Board of Directors make in India? 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. If you are interested in becoming a Gucci Dream-maker and applying for employment and require a reasonable accommodation to assist with any part of the application and/or interview process, please contact us by email at accessibility.americas@gucci.com. That year's top payer was Goldman Sachs Group Inc., which paid its directors. She leads efforts to raise awareness externally and internally on violence against women and the Kering Foundations partners. 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. 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. By learning about the backgrounds of existing board members, you can extrapolate what they may be looking for in new ones. Its members include current board members, aspiring board members, and corporations looking to hire board members. He would bring to Kerings Board of Directors his large experience in management as well as his expertise in finance and corporate governance. More often than not, directors are not employed by the company. Boards aren't entirely made up of retirees and people nearing the end of their careers. The Board meets twice a year to assess the 5-year strategic direction, validate grant-making over 70,000 per year and ensure proper governance. She is a fellow of the Marketing Society. Yseulys Costes is currently Chair of the Remuneration Committee and member of the Audit Committee and the Appointments and Governance Committee. 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. This compensation may impact how and where listings appear. The average Board Of Director salary in Leming, Texas is $66,703 as of October 27, 2022, but the salary range typically falls between $51,414 and $82,384. Her term of office expires at the next Annual General Meeting. Previously, she served on the Supervisory Board of Heineken,Supervisory Board of Mavi, and Digital Advisory Board of the Natural History Museum in London. Some companies also offer profit-sharing of about $12,500, on average. Inside directors, who are mostly C-suite level executives, don't receive additional compensation. Kering SA engages in the design, manufacture, marketing, and retail of luxury apparel and accessories. Some companies also offer profit-sharing of about $12,500, on average. Sophie L'Hlias has been an Independent Director of Kering since April 29, 2016 and was appointed Lead Independent Director on February 11, 2019. Kering's Combined General Meeting was held on April 28 . Daniela Riccardi is Chief Executive Officer of Moleskine since April 2020. 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. Share. Total Compensation. This takes into account the wide range of factors that are considered in making compensation decisions; including but not limited to business or organizational needs, skill sets, experience and training, licensure, and certifications. By learning about the backgrounds of existing board members, you can extrapolate what the company is probably looking for in new ones. 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. Prior to Google, Yonca held senior marketing positions at Unilever and Yahoo! 44,744 / yr. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Tidjane Thiam and @EmmaWatson joining Kering's Board of Directors. The Board of Directors defines the Groups strategies and sees that they are implemented. These include white papers, government data, original reporting, and interviews with industry experts. How much do board members make? Independent directors make up 60% of the Appointments & Governance Committee. 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. View Data as Table. Lodestone Global. 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. According to Payscale, the board director salary ranges up to $167,500. Composition: Sophie L'Hlias has been an Independent Director of Kering since April 29, 2016 and was appointed Lead Independent Director on February 11, 2019. Share page. 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. Another example would be compensation meetings to discuss compensation plans and awards.. This button displays the currently selected search type. Want to Help Make a Difference for LGBTQ+ People? Working on reshaping the Committees of the Board of Directors following the Annual General Meeting to be held on April 28, 2022. Once you find a good prospect, you must be nominated by the nomination committee, then approved by shareholder election. A non-executive director is a member of a company's board of directors who is not part of the executive team. I would like to congratulate Sophie L'Hlias on her new role and thank her warmly for her contribution to the work of the Board, in particular in her capacity as Lead Independent Director, whose appointment was welcomed by all stakeholders. Laura Levy +33 (0)1 45 64 60 45 laura.levy@kering.com, www.kering.com Average compensation in 2018 at those firms was $304,856, according to Reuters. Looking at Board of Directors Compensation: What Do Board Members Do to Earn Large Salaries? Job Description. The salary for an engineering director can vary depending on the years of experience that a person has, from entry level to senior level. Salary estimates are based on 5,959 salaries submitted anonymously to Glassdoor by Director employees. Salaries. "Definitive Proxy Statement, Apple 2021. Get up to 61% off Robb Report, plus a free tote bag. 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. Kering, along with chief rival LVMH, committed to producing face masks and other healthcare essentials as supplies ran critically low worldwide. 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. Yonca Dervisoglu, Vronique Weill and Serge. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. KERING : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Euronext Paris: KER | Euronext Paris Hornbaker also recommends becoming educated on the fundamentals of governance and directorship through a program such as the National Association of Corporate Directors Director Professionalism program. Emilie Gargatte +33 (0)1 45 64 61 20 emilie.gargatte@kering.com Donate to One of These 20 Hardworking Charities, The Best Serrated Bread Knives to Cut Through Any Type of Loaf, The Best Saut Pans for Excellent Vegetables, Perfect Pasta and More, The 10 Best CrossFit Shoes to Crush Your Next HIIT Workout, Herms Won Its Case Against an Artist Who Sold NFTs of Its Iconic Birkin Bags, The 60 Best Mothers Day Gifts for Your Wife, From Cashmere Sweatpants to High-End Handbags, The 15 Best Rain Boots for Men, From L.L. "2020 Proxy Statement," Page 12. You will compete for board positions with people who have been extremely successful at a young age. He would bring to Kerings Board of Directors his large experience in management as well as his expertise in finance and corporate governance. Salary. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. In 2005, he created the investment firm Weinberg Capital Partners. Only outside directors get compensation specifically for serving on the board. Instagram: @kering_official 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 ", Reuters. The VP of Communications guides decision-making on brand image at regional level. 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. We capture these beliefs in our signature: Empowering Imagination. According to Payscale, the board director salary ranges up to $167,500. 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). Mr. Bates was a Director at Alacer Gold from April 2014 to September 2020 and has over 40 years of experience in oil service management and operations. Unlisted Public Companies reported remuneration of between $17051 and $120,778 for Deputy Chairs. Main role: 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. Discover Careers. Board directors may also make up to $10,000 in annual bonus, on average. 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. PARIS Kering has appointed Serge Weinberg, Vronique Weill and Yonca Dervisoglu as independent directors of its board. Name. By subscribing, I agree to the Terms of Use and Privacy Policy. Serge Weinberg holds the rank of Commander in the Lgion dhonneur (French Legion of Honor). Key Accountabilities Operations A board of directors (B of D) is the governing body of a company, elected by shareholders to set strategy and oversee management. A community of people united by the same passion: breaking new ground in the fashion world and beyond. In 2021, Kering had over 42,000 employees and revenue of 17.6 billion. 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 luxury brand was founded by Lee Alexander McQueen in 1992. . From 1982 to 1987, he held different management positions at the French Television Channel France 3 and at Havas Tourisme Group. 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. $216,323 / yr. Vice President Sales salaries - 1 salaries reported. Incorporation is the legal process by which a business entity is formed. Given the current context of the Covid-19 pandemic and its impact on economic activity, Franois-Henri Pinault, Chairman and CEO of Kering, has decided to reduce the fixed portion of his salary by 25% from April 1st, until the end of 2020. 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. We give our employees the tools to flourish and bring our bold vision to life. In 2019, Kering had over 38,000 employees and revenue of 15.9 billion. Many board members receive compensation as a base retainer fee rather than hourly wages. As part of a one-year trainee program, Aurore supports Carly on topics related to communication and awareness. 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. Composition: 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. It provides its opinions and recommendations in these matters to the Board. Burton was made Head of Design for womenswear in 2000 and was appointed Creative Director in 2010. Rogers adds, Board members are the representatives of the shareholders, and it is their fiduciary duty to oversee the affairs of the corporation, including overall performance and fiscal strength, and to serve as a consultant for managementparticularly with respect to the strategic and operational directives of the company.. Could you fill that gap? Since July 2020, she has been Chairman of the Board of Directors of CNP Assurances. 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