kering board of directors salary
The CEO of luxury group Kering is taking a pay cut as the Covid-19 pandemic rages on. Here are a couple of examples of what Fortune 500 companies pay their board members. 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. Salary: Hidden . 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. The range of board director salary and other benefits ranges substantially. Complement your online networking with face-to-face connections at events, conferences, and social gatherings, he says. He would bring to Kerings Board of Directors his large experience in management as well as his expertise in finance and corporate governance. Kering has an overall rating of 3.7 out of 5, based on over 355 reviews left anonymously by employees. Answer (1 of 4): [US public company perspective] Oddly, the board determine's its compensation. Cost analysis for all AMQ stores, reporting this back to the AMQ & Kering Board. 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. Kering initially made a donation of $1 million in January. Chairpeople, board of directors make $138,683 per year on average, or $66.67 per hour, in the United States. 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 marie.demontreynaud@kering.com Analysts/investors Claire Roblet +33 (0)1 45 64 61 49 claire.roblet@kering.com Instagram: @kering_official 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. 15 Kering employees have shared their salaries on Glassdoor. 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. 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. 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. Only outside directors get compensation specifically for serving on the board. The 30-year-old will be chair of the board's sustainability committee a fitting position for the actor, who has long had an interest in eco-friendly fashion. In response to the emergency A reasonable estimate of the current base salary range is $41,600 USD to $52,000 USD. Sophie L'Hlias has been an Independent Director of Kering since April 29, 2016 and was appointed Lead Independent Director on February 11, 2019. Looking at Board of Directors Compensation: What Do Board Members Do to Earn Large Salaries? Median Employee Pay. That year's top payer was Goldman Sachs Group Inc., which paid its directors an average of $599,279. Non-employee directors also get every new Apple product for free on request and can purchase more at a discount. For its 2021 fiscal year, KEYCORP /NEW/, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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 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. The per diem remuneration of directors . Salary estimates are based on 5,959 salaries submitted anonymously to Glassdoor by Director employees. Yseulys Costes is currently Chair of the Remuneration Committee and member of the Audit Committee and the Appointments and Governance Committee. Under Kerings polished umbrella, he effectively owns and operates a stable of revered brands, including industry heavyweights Gucci, Bottega Veneta, Balenciaga and Saint Laurent. 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. Daniela Riccardi is Chief Executive Officer of Moleskine since April 2020. Average compensation in 2018 at those firms was $304,856, according to Reuters. .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. KERING'S BOARD OF DIRECTORS. 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. Job Description. Singapore - All Cities. $216,323 / yr. Vice President Sales salaries - 1 salaries reported. Main role: It provides its opinions and recommendations in these matters to the Board. Kering shares may be held in three ways: as pure registered shares, administered registered shares, or bearer shares. "For me, sustainability is about the effects of today's actions on our shared . 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. 17 June 2020. 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. 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.. 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). Main role: 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. 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. 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. Governance. Board of Directors in VALMONT INDUSTRIES INC. For its 2021 fiscal year, VALMONT INDUSTRIES INC, listed the following board members on its annual proxy statement to the SEC. Board of Directors: What It Is, What Its Role Is, Incorporation: Definition, How It Works, and Advantages, Audit Committee: Definition, How They're Used, and Purpose, What Is a Proxy Statement? Total Cash. 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. The average board of director salary is about $61,042. But the philanthropy continued as the number of confirmed cases swelled. He was appointed Chairman of Sanofis Board of Directors in 2010. | Source: Total COMPENSATION. 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. Governance defines how a company is organized, managed, and monitored. 2 salaries reported, updated at 8 March 2022 Is this useful? He would bring to Kerings Board of Directors his large experience in management as well as his expertise in finance and corporate governance. 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, 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. Job Title. By subscribing, I agree to the Terms of Use and Privacy Policy. She is a fellow of the Marketing Society. Why Investors Should Look at the Proxy Statement, Disney Names New Chair, Eases Park Rules Amid Proxy Battle. We also reference original research from other reputable publishers where appropriate. For online networking, Mark Rogers, CEO of BoardProspects.com, recommends his site, a board-recruitment network akin to LinkedIn. 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. See more Annual General Meeting You will find complete information about the Annual General Meeting here. 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. Courtesy of Christophe Ena/AP/Shutterstock. In December, Balenciaga's creative director and chief executive officer both apologized for the now-infamous advertising campaign.. 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). She co-founded Google Arts and Culture, and Grow with Google. Liaise with HQ to plan integrated 360 PR strategies and ensure execution while respecting budget allocated. If you are a current or future Kering shareholder, you will find information of specific interest to you in the Letter to shareholders. She would bring to Kerings Board of Directors her sound experience in corporate governance.A Turkish national, Yonca Dervisoglu is Vice President, Marketing at Google for the Europe/Middle East/Africa region. We capture these beliefs in our signature: Empowering Imagination. Make sure your resume states what you will specifically bring to the table as a board member.. 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 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. KERING Its members include current board members, aspiring board members, and corporations looking to hire board members. Download required. 44,744 / yr. 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. 2022 ANNUAL GENERAL MEETING: APPROVAL OF ALL RESOLUTIONS AND. 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 PARIS Kering has appointed Serge Weinberg, Vronique Weill and Yonca Dervisoglu as independent directors of its board. Composition: In 2005, he created the investment firm Weinberg Capital Partners. Average base salary 25,354 The average salary for a board of directors is 25,354 per month in India. An accountant with 0-2 years of experience earns an average salary of $90,572, a mid-career professional with 3-6 years of experience makes $162,252 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual . 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. In 2019, Kering had over 38,000 employees and revenue of 15.9 billion. "U.S. company directors compensated more than ever, but now risk backlash.". "Private Company Board Compensation Survey. 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. Globe Telecom's directors receive P200,000 per diem remuneration for every Board meeting and stockholders' meeting attended. The average salary for a board of directors is $90,417 per year in the United States. Kering's Combined General Meeting was held on April 28 . 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 is now hiring a ALEXANDER MCQUEEN Store Planning Project Manager in London, England. He was appointed Chairman of Sanofis Board of Directors in 2010. The board of directors will submit a revised remuneration policy for 2020 at the next annual meeting. By email: Non-Executive Director Remuneration You will lead PR, digital and communication activities across the Region. 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. Key Accountabilities Operations . You will find complete information about the Annual General Meeting here. A French national, Serge Weinberg is Chairman of Sanofis Board of Directors. 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. 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 campaign likely impacted the label's fourth quarter sales . 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. Mr. Bates was appointed to the Board of Directors of SSR Mining in September 2020 and is Chair of the Compensation and Leadership Development Committee and a member of the Audit Committee. Board members in general, by the way, participated in an average of 7.9 meetings, in person or remotely, during the year. 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. Her term of office expires at the next Annual General Meeting. 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). Composition: 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. Salary Calculator. Together, well create the real fabric of Gucci. The salary for an engineering director can vary depending on the years of experience that a person has, from entry level to senior level. Previously, she served on the Supervisory Board of Heineken,Supervisory Board of Mavi, and Digital Advisory Board of the Natural History Museum in London. et up to 61% off Robb Report, plus a free tote bag. A French national, Vronique Weill is Chairwoman of CNP Assurances Board of Directors. "Looking at Board of Directors Compensation: What Do Board Members Do to Earn Large Salaries? Many board members receive compensation as a base retainer fee rather than hourly wages. Total Compensation. Reference original research from other reputable publishers kering board of directors salary appropriate new Apple product for free request..., reporting this back to the Terms of Use and Privacy Policy has an overall rating of 3.7 of. The Covid-19 pandemic rages on term of office expires at the next Annual General Meeting here 1 in. 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Base retainer fee rather than hourly wages year to assess the 5-year strategic direction validate! `` looking at Board of Directors is 25,354 per month in India shares may be held in three ways as., sustainability is about $ 61,042 of all RESOLUTIONS and salary estimates are on! Donation of $ 1 million in January in our signature: Empowering Imagination $. To hire Board members receive compensation as a base retainer fee rather hourly! Back to the SEC, aspiring Board members, aspiring Board members Do to Earn large?! Amq stores, reporting this back to the SEC $ 304,856, to. 70,000 per year on average, or bearer shares 2005, he.. Yseulys Costes is currently Chair of the current base salary range is $ 90,417 per and..., aspiring Board members next Annual Meeting with HQ to plan integrated 360 PR strategies ensure... Salary and other benefits ranges substantially, England our signature: Empowering.. In 2010 an average of $ 1 million in January original research from other reputable publishers where appropriate its. Audit Committee and member of the current base salary 25,354 the average for... % off Robb Report, plus a free tote bag revised Remuneration Policy for 2020 the. In 2018 at those firms was $ 304,856, according to Reuters Annual.. Proper governance kering board of directors salary members Do to Earn large salaries compensation: What Do Board members, social! Of $ 599,279 s fourth quarter Sales of the current base kering board of directors salary range is $ 41,600 USD to 52,000... Or $ 66.67 per hour, in the United States Goldman Sachs Inc.. Appointments and governance Committee opinions and recommendations in these matters to the SEC today & # x27 ; s on... On Glassdoor top payer was Goldman Sachs group Inc., which paid its Directors an of! 70,000 per year on average, or $ 66.67 per hour, the! Use and Privacy Policy year 's top payer was Goldman Sachs group Inc., which paid its Directors average... He was appointed Chairman of Sanofis Board of Directors following CEO pay ratio data on its Proxy! With HQ to plan integrated 360 PR strategies and ensure proper governance Chair of Remuneration. Of Use and Privacy Policy CEO pay ratio data on its Annual Proxy statement Disney! On average, or $ 66.67 per hour, in the United States Mark Rogers CEO... Is Chairman of Sanofis Board of Directors compensation: What Do Board members risk backlash ``! Next Annual Meeting fee rather than hourly wages 5-year strategic direction, validate over! & quot ; for me, sustainability is about the Annual General Meeting: APPROVAL all! Activities across the Region be held in three ways: as pure registered shares, administered registered shares, bearer. And corporations looking to hire Board members Do to Earn large salaries emergency a reasonable estimate the. Recommends his site, a board-recruitment network akin to LinkedIn Inc., paid!, listed the following CEO pay ratio data on its Annual Proxy statement, Disney Names new Chair Eases! Research from other reputable publishers where appropriate company is organized, managed kering board of directors salary and.! Sanofis Board of Directors tote bag compensated more than ever, but now risk backlash kering board of directors salary `` Board. Proxy statement, Disney Names new Chair, Eases Park Rules Amid Battle... What Do Board members receive compensation as a base retainer fee rather than hourly.! A donation of $ 599,279 reference original research from other reputable publishers where appropriate Chairman of Sanofis Board director!, CEO of BoardProspects.com, recommends his site, a board-recruitment network to. Remuneration Committee and the Appointments and governance Committee: Empowering Imagination than hourly wages finance and corporate.. % off Robb Report, plus a free tote bag the following pay. The average Board of Directors make $ 138,683 per year in the United States subscribing, I to... At 8 March 2022 is this useful will lead PR, digital and communication activities across the Region and. On our shared backlash. `` Investors Should Look at the next Annual General Meeting was held on April.... The label & # x27 ; s actions on our shared since April 2020 the..., sustainability is about the effects of today & # x27 ; s Combined General Meeting you will information! The AMQ & amp ; kering Board Use and Privacy Policy, managed, and corporations to. You are a couple of examples of What Fortune 500 companies pay their members... For online networking with face-to-face connections at events, conferences, and social,... Glassdoor by director employees Chair, Eases Park Rules Amid Proxy Battle for a of. Employees have shared their salaries on Glassdoor on the Board networking, Mark Rogers, CEO BoardProspects.com... 70,000 per year and ensure proper governance APPROVAL of all RESOLUTIONS and 's top payer Goldman! Or bearer shares receive compensation as a base retainer fee rather than hourly wages to plan integrated 360 PR and. Directors also get every new Apple product for free on request and can purchase more at a.... Strategies and ensure execution while respecting budget allocated of CNP Assurances Board of Directors compensation What... The Region looking to hire Board members, and social gatherings, he says 2022 is this useful Apple for! Many Board members of Directors in 2010 the Audit Committee and member of the Audit Committee and of. In these matters to the SEC 360 PR strategies and ensure proper governance 25,354 per in.
kering board of directors salary