© Reuters. The logo of the luxury goods company Richemont is pictured at its headquarters in Bellevue near Geneva, Switzerland, June 2, 2022. REUTERS/Denis Balibouse
By Silke Koltrowitz
PARIS (Reuters) – Luxury goods group Richemont shrugged off pressure from Bluebell Capital as shareholders voted down the activist investor’s board candidate at the annual general meeting (AGM) on Wednesday.
A majority of the Cartier maker’s shareholders rejected Bluebell’s candidate Francesco Trapani, a former executive of rival LVMH, to represent holders of publicly traded A shares on the group’s board and instead opted for current board member Wendy Luhabe.
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