Gucci Group’s independent directors step down
Gucci Group N.V. has announced that its independent directors, Adrian Bellamy, Aureliano Benedetti, Reto Domeniconi and Karel Vuursteen, have resigned from the company’s Supervisory Board.
Serge Weinberg has also stepped down temporarily from the Board to assume duties as the company’s Interim President, pending the election of Robert Polet as chairman of the Management Board, effective
Serge Weinberg said: “Gucci Group wishes to express its gratitude to the independent directors, who have served the company honourably and courageously for many years, defending the rights of minority shareholders, and who played an important role in supporting Gucci Group's development into a multibrand luxury group.”
Adrian Bellamy, the outgoing chairman of the Supervisory Board added: “It has been an honour for the independent directors to serve on the Supervisory Board of Gucci. We have always had the cooperation and support of the Directors associated with PPR. Now that the first phase of the tender offer has been completed, we feel our commitment to the shareholders has been fulfilled, and it is time for PPR as the owner of the company to assume full control.”
