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Last updated : 24/04/2026 - 17h35
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Kering Restructures Its Board of Directors: Two New Arrivals, One Historic Departure

Kering announces changes to its Board of Directors during the General Assembly on May 28, 2026. The luxury group will propose the appointment of two independent directors while Jean-Pierre Denis will step down.


Kering Restructures Its Board of Directors: Two New Arrivals, One Historic Departure

New Appointments Proposed

Kering's Board of Directors, on the recommendation of the Nominations and Governance Committee, will propose the appointment of two independent directors, Marie-Hélène Chenut and Laurent Kleitman, at the annual General Assembly on May 28, 2026.

A Significant Departure

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Jean-Pierre Denis has submitted his resignation from his directorship, effective at the conclusion of the General Assembly on May 28, 2026. Having been a director at Kering since June 9, 2008, he served as the Chairman of the Audit Committee from 2012 to 2020, then as Vice-Chairman of this Committee and a member of the Compensation and Sustainable Development Committees. He has also held the role of Climate Referent since 2022. If the General Assembly approves the resolutions concerning the composition of the Board of Directors, and considering the expiration of the mandates of Maureen Chiquet and Yonca Dervisoglu, the Board will consist of 13 members with an independence rate of 64% and a female representation of 45%.



Sector Luxe Vêtements et accessoires


Assurance vie

Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 14 675 millions d’euros
  • Revenue growth: -13 %
  • EBITDA: 3 675 millions d’euros
  • EBITDA margin: 25,0 %
  • Net income: 140 millions d’euros
  • Free cash flow: 4 400 millions d’euros
  • Net debt: 8 000 millions d’euros
  • Dividend per share: 3,00 euros
Outlook / guidance
  • Expected revenue: Le chiffre d’affaires 2026 est attendu en croissance et les marges en amélioration.
  • Expected EBITDA: L’EBITDA 2026 est attendu en progression et les marges EBITDA en amélioration.
  • Expected net income: Le résultat net 2026 est attendu en hausse.
  • Management commentary: Perspectives 2026 : le groupe vise à renouer avec la croissance et à améliorer ses marges grâce à une exécution rigoureuse et à une stratégie de marques renforcée, avec le Capital Markets Day prévu le 16 avril 2026.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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