Prada bulks up board with ESG specialists

31/01/2022
Italian luxury company Prada, headquartered in Milan, recently announced the appointment of two new independent non-executive directors to its board, both of whom it praised for their environmental, social and governance (ESG) credentials. 

The addition of Pamela Culpepper and Anna Maria Rugarli will also take the number of female board-level directors at Prada to five out of a total 11. 

Ms Culpepper and Ms Rugarli will, together with Prada Group’s head of corporate social responsibility, Lorenzo Bertelli, now form an ESG board committee. 

Mr Bertelli, son of Prada designer Miuccia Prada and chief executive Patrizio Bertelli, emphasised the business’ two newest board members’ “extensive knowledge” of ESG topics in a statement. “Their contribution will be crucial for the board and for the deployment of Prada’s sustainability strategy,” he added. “This decision will allow us to accelerate several projects already in our pipeline.” 

Ms Culpepper, a US resident, founded the female owned and led Have Her Back consultancy in 2019 and is described by Prada as a veteran human resources executive.  

Meanwhile, Ms Rugarli, who is currently based in Geneva, has honed her sustainability and corporate social responsibility expertise through roles with Nike, VF Corporation and the European Outdoor Group. Since April last year, she has held the position of vice president of corporate sustainability at Japan Tobacco International (JTI).