Etude de l'AG du 27/04/2017
Cette année, Proxinvest note un manque de contre-pouvoir dans la société car en plus du cumul des rôles de Président et de Directeur Général, le Vice-Président n’est pas indépendant et les réunions des administrateurs hors dirigeants ne sont pas généralisées. Ainsi Proxinvest s’oppose aux renouvellements du Président-Directeur Général et du Vice-Président.
Par ailleurs, nous notons que la société n’a pas soumis les conventions règlementées au vote des actionnaires. Or, selon l’article L.224-40 du Code de commerce, l’assemblée générale annuelle statue sur le rapport spécial des commissaires aux comptes. Il s'agit d'un vote obligatoire et non facultatif pour toute assemblée générale ordinaire, même en absence de nouvelles conventions. Selon Proxinvest, cette omission constitue une faute de gestion.
Kering is engaged in the retail industry, particularly luxury fashion brands. Co.'s operations can be divided into two segments: Luxury and Sport & Lifestyle divisions. The Luxury division includes brands such as Gucci, Bottega Veneta, Yves Saint Laurent, Balenciaga, Boucheron, Sergio Rossi, Alexander McQueen, Girard-Perregaux & JeanRichard, & Stella McCartney. In addition, Co. offers Leather Goods, Shoes, Ready-to-wear, Watches, and Jewelry & Other products. The Sport & Lifestyle division designs & develops footwear, apparel & accessories and includes brands like Puma, Volcom and Electric among others.
Founded in 1995, Proxinvest is an independent proxy firm supporting the engagement and proxy analysis processes of investors. Proxinvest mission is to analyse corporate governance practices and resolutions proposed at general meetings of listed firms.
Proxinvest main services are :
- Proxy reports
- Definition and monitoring of client customized voting guidelines
- Corporate Governance Data and Rating
- Thematic research
- Engagement support
Proxinvest has been a pioneer and champion of good corporate governance and has grown into a recognised expert in the field.
Proxinvest is independently-owned and only works for investors : Proxinvest does not provide consulting services to the companies it covers, mitigating related risks to its clients and ensuring the independence of our analysis. As a result Proxinvest is able to take a robust, independent, engaged and unconflicted view of the companies in which our clients invest.
As Managing Partner of Expert Corprate Governance Service Ltd (ECGS), Proxinvest has built a large network of corporate governance experts to support clients in corporate governance analysis worldwide.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.