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Kering appoints Sophie Maddaloni as General Secretary and integrates her into the Executive Committee

The luxury group announced the entry of Sophie Maddaloni to its Executive Committee, where she takes charge of governance, compliance and several control departments.


Kering appoints Sophie Maddaloni as General Secretary and integrates her into the Executive Committee

Immediate assumption of duties at the Executive Committee

Kering announced on September 15, 2026 the appointment of Sophie Maddaloni to the position of General Secretary of the group, with immediate effect. Based in Paris, she joins the Executive Committee and reports to Jean-Marc Duplaix, in his capacity as Chief Operating Officer of the group.

In her new role, she is responsible for the group's governance and protection of its interests, as well as compliance with regulatory standards. She supervises the Legal, Internal Control, Internal Audit and Security departments, in coordination with the General Management and the Board of Directors.

A career path initiated at Kering in 2017

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Sophie Maddaloni began her career in 1991 at Elf Aquitaine, where she held various international tax positions for more than ten years. She then joined Alstom T&D in 2002 as Vice President Tax, then Technip in 2004, where she led the tax functions and legal entities of the group.

She joined Kering in 2017 as Director of Group Tax, a position in which she led the transformation of the tax function and contributed to the strengthening of the compliance and risk management systems. She holds a master's degree in business law from Paris II Panthéon-Assas University and a DESS in law and taxation of international business from HEC Paris – University of Sceaux.



Sector Luxe Luxe diversifié


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 7 220 millions d'euros
  • Quarterly revenue: 7 220 millions d'euros
  • Revenue growth: -2,9 %
  • EBITDA: 1 935 millions d'euros
  • EBITDA margin: 26,8 %
  • Net income: 189 millions d'euros
  • Free cash flow: 2 600 millions d'euros
  • 3 324 millions d'euros
Guidance from the release
  • À mesure que Kering progresse dans l'exercice 2026, son objectif demeure de renouer avec la croissance et d'améliorer sa profitabilité
Risks mentioned
  • Recul du chiffre d'affaires de Gucci de 5 % en comparable au premier semestre
  • Charges opérationnelles non courantes de 223 millions d'euros (cessions, dépréciations, restructurations)
  • Résultat net part du Groupe en baisse de 60 % à 189 millions d'euros
Opportunities identified
  • Endettement net réduit de 4,7 milliards d'euros grâce à la cession de Kering Beauté
  • Contrat de licence beauté Gucci-L'Oréal exclusif sur 50 ans à compter de mi-2027
  • Kering Jewelry +20 % en comparable, marge courante en hausse de 2,7 points

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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